The last COT Report for EURO FX showed that there is high open interest and extreme levels of Commercials and Non-Commercials. 3 observations can be made from the chart. 1. Extreme Bullish Sentiments of the Commercials The recent levels of the Commercials is on a record Bullishness
Read more →For the past 2 weeks or so, we are seeing the US Dollar Index moving in a trading range, which also defines its current support and resistance level. The COT Report released last Fri points to a slightly lower Total Open Interest and a slight unwinding of
Read more →From Last Friday’s COT Report, the Commercial Net Position has moved down to the level near Jan 2010, a net short level which is unseen for the past 5 years. In addition, the Total Open Interest remains on a high level. Together, these indicate that the current
Read more →Yesterday, we saw big moves for all Majors Currencies. Looking at yesterday’s post on USDCHF throwback in day chart; hourly chart expansion gains, there seems to be a correlation of the Dollar Index, commonly known as USDX, with all cross-pairs of the USD. Let’s have a look
Read more →Commitments of Traders (COT) Reportis a market report posted on Friday by U.S. Commodity Futures Trading Commission (CFTC) on the Tuesday’s open interest of Traders who are obliged by law to report on their open positions. As sample of it as below. Our interest is on Commercial
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