EURUSD short to weekly demand 1.118

EURUSD is overbought on all timeframes - M30, H1, H4, H12 and D1. FSVZO (advanced oscillator with predictive mechanism) leading indicator signals incoming reversal to downside. Weekly demand lies at 1.118.

הערה:

Hedge funds have also added more shorts in the latest CFTC COT report (67% short vs 54% in the previous week). This supports the idea that EURUSD is likely to face selling pressure in the upcoming few days to weeks.