Show panel Hide panel

Best wins View all achievements

Show panel Hide panel

Last 3 posts Show blog

Avatar

BTC/USD

BITCOIN Non-Commercial Speculator Positions:Large cryptocurrency speculators nudged their bearish net positions up a tick this week in the Bitcoin futures markets, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.The non-commercial futures contracts of Bitcoin futures, traded by large speculators and hedge funds, totaled a net position of -1,679 contracts in the data reported through Tuesday May 29th. This was a weekly…
Read full story
Translate to English Show original
orto leave comments
Avatar

GBP/USD

The British pound fell a bit during the session on Monday, but again of course we have just had the May Day celebrations, which of course would naturally work with lesser volume. I believe that the 1.2750 level underneath continues to be support, and I think that it’s only a matter of time before the buyers return on a pullback. I like the idea of reaching towards the 1.30 level above, and after that the 1.3450 level after that as it is the top of the previous consolidation area. I think that th…
Read full story
Translate to English Show original
orto leave comments
Avatar

GOLD

After running above the $1,295-level in the middle of April as the post-March rate hike rally extended further, Gold prices have begun to reverse and have continued to head-lower as we march towards another FOMC rate decision on Wednesday of this week. This is relevant because over the past six months, the two rate hikes offered from the Federal Reserve have appeared to function like kerosene on a scalding hot market, further driving the bullish move in the wake of the Fed’s policy tightening. …
Read full story
Translate to English Show original
orto leave comments