July 27th 2020 - Institutional 🏦 Positions & Supply/Demand for Gold, Oil and the FOREX market

Based on the Commitments of Traders data reported on: July 21st 2020


πŸ“Š In the Markets: Look what we have here!!! Our analysis picked up on some clear clues that led us to suspect the #DOLLAR was going to drop and the #EURUSD was about to rally strong and this is what took place this past week. The ranging cycles are now complete on those two and a new force creation cycle has begun. With that said we are watching many things on the chart and you should check with the Observation Journals for more detail but overall the #DOLLAR (94.35) is clear for a move lower now and the #EURUSD (1.1656) is set

to move much higher.

#GOLD (1900) is looking splendid. As mentioned there is absolutely no reason to suspect that price is going to drop significantly right now. We’d like a retracement to be able to get into long positions but we don’t feel the retracement will begin any type of collapse. #OIL (41.24) on the other hand, we are expecting something to start brewing here in terms of a drop. We are expecting a little more upside before that takes place and this is well correlated with the #USDCAD at this point because the #USDCAD (1.3407) is currently sitting in some demand and we could see a rally form from here which will be weakness for the #CAD and thus weakness for #OIL.

#DOLLAR pairs are weak, as expected with the #DOLLAR weakness and we should expect more downside on those to come as well.


🎩 Magic Trader!


🏫 White Oak University πŸ‘©β€πŸŽ“ Students πŸ‘¨β€πŸŽ“ you can see the full report here: https://www.whiteoakfx.com/the-araujo-report


πŸš¨πŸ† Win a FREE month tuition paid by us by following us on Twitter @WhiteOakFX and Retweet our links and SHARE our YouTube videos to continue getting them for FREE!


πŸ‘‡πŸ“ΊπŸš¨ Here was last weeks video provided to members πŸš¨πŸ“ΊπŸ‘‡


owl left.png

Sign up for FREE and

become an INSIDER

Β© 2020 by White Oak Capital Investments Corp

Twitter-icon.png
vintage-instagram-icon-png-28.png
Youtube.png