In the last 2 weeks we got a total number of 9,579 new short contracts opened for the canadian currency and a net number of 1,090 new long contracts opened for this currency.This is almost 9 times as many new short contracts opened as new long contracts opened for this currency.This means shorts are more and more in control of its trades and CAD/USD ratio is expected to drop soon.Aslo check my startegy to identify bullish and bearish turning points in currencies on my free website:http://futuresandoptions.wix.com/cotswingcharts
No comments:
Post a Comment