Dear People,
Good to see quite a bit of pursuits around COT report recently -- There is no hard fast rule of interpreting this report--this is entirely discretionary-- one report is accountable to different interpretations, known as, inter-observer variability--the secret is to observe this report in the light of economic events TA-- here goes my interpretation of COT report for second wk-- this isn't a trade recommendation--use your own discretion appropriate MM
Cad: volatile w/ bidirectional movement
Chf: volatile w/ bearish bias
Gbp: bullish
Jpy: bearish
Eur: bullish bias
Aud: bullish bias
Nzd: bullish bias
Wish you all a very prosperous wk!
GL/GT