We can see AUDCAD breakout and retest after a few days of uptrend in rising wedge area. Technically price tend to be bearish.
COT Analysis
AUSTRALIAN DOLLAR
FUTURES ONLY POSITIONS AS OF 07/26/22 (CONTRACTS OF AUD 100,000)
Long : 30,024 ; Short : 77,409
Macro trend tends to be bearish.
CHANGES FROM 07/19/22 (CHANGE IN OPEN INTEREST)
Long : -554 ; Short : 3,683
Micro trend tends to be bearish.
CANADIAN DOLLAR
FUTURES ONLY POSITIONS AS OF 07/26/22 (CONTRACTS OF CAD 100,000)
Long : 46,414 ; Short : 30,645
Macro trend tends to be bullish.
CHANGES FROM 07/19/22 (CHANGE IN OPEN INTEREST)
Long : 4,374 ; Short : -4,728
Micro trend tends to be bullish.
COT Analysis
AUSTRALIAN DOLLAR
FUTURES ONLY POSITIONS AS OF 07/26/22 (CONTRACTS OF AUD 100,000)
Long : 30,024 ; Short : 77,409
Macro trend tends to be bearish.
CHANGES FROM 07/19/22 (CHANGE IN OPEN INTEREST)
Long : -554 ; Short : 3,683
Micro trend tends to be bearish.
CANADIAN DOLLAR
FUTURES ONLY POSITIONS AS OF 07/26/22 (CONTRACTS OF CAD 100,000)
Long : 46,414 ; Short : 30,645
Macro trend tends to be bullish.
CHANGES FROM 07/19/22 (CHANGE IN OPEN INTEREST)
Long : 4,374 ; Short : -4,728
Micro trend tends to be bullish.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.