Hi sym and all the traders...
According with the latest COT report (Dec 09) that came up few minutes ago (Today friday Dec 12) I confirm that the mood in eurusd changed.
More LARGE long (+1304), less LARGE short (-21333)with a big change in Open Interest (+15803) plus on the option chain MONTTLY expiring next friday the sold put create a support at 123,00 FXE (ETF of the eurusd traded in the futures market) that is around 1,2500 on eurusd spot and this week eurusd gain about 200 pips stopping the down trend.
At least is a start, maybe just a quick and short bull run, or maybe the beginning of a trend change I dont know but the evidences are there.
Thanks for your answer, Have a nice Week end!!!!
According with the latest COT report (Dec 09) that came up few minutes ago (Today friday Dec 12) I confirm that the mood in eurusd changed.
More LARGE long (+1304), less LARGE short (-21333)with a big change in Open Interest (+15803) plus on the option chain MONTTLY expiring next friday the sold put create a support at 123,00 FXE (ETF of the eurusd traded in the futures market) that is around 1,2500 on eurusd spot and this week eurusd gain about 200 pips stopping the down trend.
At least is a start, maybe just a quick and short bull run, or maybe the beginning of a trend change I dont know but the evidences are there.
Thanks for your answer, Have a nice Week end!!!!