Great news for all whose stop losses got triggered because of Draghi – he has gone. So, my congratulations lol Let’s hope Christine Lagarde will be more predictable Head of European Central Bank. Many traders expect to see big sell-off in EUR/USD after such news. But not me. Well, we can see a bit more of a downside within this corrective wave, but anyway, I am waiting for 1.1200.

Sugar, sweet sugar. We already made nice profits in this market and were out by trailing stop. Now I think we should see more upside. Commercials renewed their positions. We have a nice trendline, and the break above it will be signal to go long with targets 13 and 13.30.

Heating oil as expected is moving upside, and till Wednesday’s low holds, our targets at 2.050 and 2.100 are intact.

Wishing you a great week!

Sign up to our Newsletter

(We do not share your data with anybody, and only use it for its intended purpose)

Disclaimer

No Representation Is Being Made That Any Account Will, Or Is Likely To Achieve Profits Or Losses Similar To Those Discussed Within This Site, Support And Texts. Our Forecasts and other Texts on this Website Should Be Used As Learning Aids. If You Decide To Invest Real Money, All Trading Decisions Are Your Own. The Risk Of Loss In Trading Commodities Can Be Substantial. You Should Therefore Carefully Consider Whether Such Trading Is Suitable For You In Light Of Your Financial Condition.

Futures trading is speculative and involves the potential loss of investment. Past results are not necessarily indicative of future results. Futures trading is not suitable for all investors.