Technical Analysis

CFTC commitments of traders: EUR longs increased. CAD longs increase




CFTC commitments of traders: EUR longs increased. CAD longs increase





















Technical Analysis

Weekly futures forex positioning data from the CFTC

  • EUR long 109K vs 104K long last week. Longs increased by 5K
  • GBP long 24K vs 31K long last week. Longs trimmed by 7K
  • JPY short 47K vs 50K short last week. Shorts trimmed by 3K
  • CHF short 0K vs 1K short last week. Shorts trimmed by 1K
  • AUD short 2K vs 1K short last week. Shorts increased by 1K
  • NZD long 6K vs 8K long last week. Shorts trimmed by 2K
  • CAD long 49K vs 45K long last week. Longs increased by 4K

Highlights:

  • EUR longs remain the biggest position and moved further away from the 100K level with a 5K increase
  • CAD longs at 49K is the next largest long position
  • JPY is the only meaningful short position at -47K
  • GBP longs were trimmed as the pair approaches the midpoint of the trading range since 2014 near 1.4300. 

Articles You May Like

US 10 year yield moves to a new high for the week
Find the BEST Forex Trading Strategy with this SIMPLE TRICK!
Gold gains Rs 97; silver jumps Rs 527
RBA likely to revert to a steady pace of consecutive 25 bps rate hikes – Wells Fargo
Dollar slightly softer awaiting US CPI data

Leave a Reply

Your email address will not be published.