Gann Analysis

GBPUSD

COT report

Commercial and large speculators are undecided on which direction the pound will go. very tight range

Cheers

Beautiful Vacation spot. Beautiful weather. relax and enjoy.......
we will keep an eye on the GBP for you............

You are the man........ i was planning next weeks moves and just like you i checked the COT.
We have the same mindset?
i logged in to the forum and found your post. it was good to see someone shares the same research.
even though the COT is from the past week, it still gives a glimpse into the future.
i am heavily into Bond speculation(research) because of the affect it has on the Dollar.
(rising yield dollar bullish). Rock on .
and i have included the COT on the ten year treasury.

The past week cycle of Ten year treasury vs. Dollar showed the Bond Yield not affecting the dollar much.

It looks more like Crude had an affect and drove the dollar.
The Oil Cartel moved oil in Big Swings daily, manipulating prices and the dollar.
The dollar was more inverse to Oil than Bonds.

TO MAKE MATTERs WORSE.
i see oil reaching $100 / barrel in the near future.
if you look at the twenty year cycle, you see when Oil goes over the $60 / barrel mark
the Dollar loses value.
so for 2022, we could see the dollar devalue and foreign currency rise in value.

Russia and Opec will not deal with our current administration over oil prices(production).
foreign producers have the upper hand.

Looks like the Eur/Usd could be range bound till Thursday.
after the past week and looking forward, there isn't much of a catalyst till thursday.
so we will see......

The Crude session opened higher but will it be sustainable....
will the Cartel push it higher........with it the dollar(in correlation)

Nikkei opened lower taking dollar with it.

The Oil Cartel is going to drive America into Recession.....

Any speculation as to what is driving Dow Futures Lower?
lets watch dollar correlation

Dow and Oil in close correlation, Cartel in control of Dow

could it be big money moving into Treasuries? (inflation hedge)

Using a Trend line is good for when there is not enough data to predict a cycle.
example is an IPO with no previous price comparison.
or a daily price that is affected by an outside force that is not natural. (computerized trading)(crash of 1987)
i still rely on Gann angles when trading along with other indicators.

Another inflation hedge. Gold. it has been on the move lately....

the eur/usd will remain range bound. lets see if this cycle completes by session end.

haven't seen a stop run yet from Dollar bandits.
need to take out more stops from session open.