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

Subdued Trading and Anticipation for RBA Minutes
This Forex Strategy Works Perfectly For Small Accounts.
US equities for the shortened week ahead – UBS says brace for more choppiness
Insurance giant Swiss Re posts 580% jump in full-year profit, warns consumers about climate costs
Gold Rate Today: Gold gains Rs 39/10 grams on MCX, silver falls Rs 151/kg. What should traders do?

Leave a Reply

Your email address will not be published. Required fields are marked *