1️⃣ Trend Analysis
✅ Market in an Uptrend
2️⃣ Oscillators
🔹 Stochastic – Oversold, suggesting a potential bounce
3️⃣ Price Action
📌 A strong buy signal has appeared at a key level
4️⃣ Volume Analysis
📊 Demand area identified, signaling buyer interest
5️⃣ Commitment of Traders (COT) Data
📈 Commercials are Extreme Long on AUD
📉 Commercials are Moderately Long on CAD
🔎 This suggests AUD has stronger institutional support than CAD
6️⃣ Fundamentals
📢 Bullish fundamentals favoring AUD over CAD
7️⃣ Measured Move
⚖️Seller exhaustion
8️⃣ Wave Analysis
🌊 C Wave Net Trend coming up, confirming a bullish continuation
✅ Market in an Uptrend
2️⃣ Oscillators
🔹 Stochastic – Oversold, suggesting a potential bounce
3️⃣ Price Action
📌 A strong buy signal has appeared at a key level
4️⃣ Volume Analysis
📊 Demand area identified, signaling buyer interest
5️⃣ Commitment of Traders (COT) Data
📈 Commercials are Extreme Long on AUD
📉 Commercials are Moderately Long on CAD
🔎 This suggests AUD has stronger institutional support than CAD
6️⃣ Fundamentals
📢 Bullish fundamentals favoring AUD over CAD
7️⃣ Measured Move
⚖️Seller exhaustion
8️⃣ Wave Analysis
🌊 C Wave Net Trend coming up, confirming a bullish continuation
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.
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.