Month: March 2014

By CountingPips.com

Weekly CFTC Net Speculator Report

GOLD: Large futures market traders cut back on their overall bullish bets in gold futures last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Comex gold futures, traded by large speculators and hedge funds, totaled a net position of 117,317 contracts in the data reported for March 25th. This was a change of -19,497 contracts from the previous week’s total of 136,814 net contracts that was recorded on March 18th.

The previous week’s total, on March 18th, had been the highest level of gold net positions since February 5, 2013 when large speculator positions equaled 137,465 contracts.

Over the weekly reporting time-frame, from Tuesday March 18th to Tuesday March 25th, the gold price fell from approximately $1,359.00 to $1,311.00 per ounce, according to gold price data from the MarketWatch.

Last 6 Weeks of Large Trader Non-Commercial Positions

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article by CountingPips.com – Forex Trading Apps

By CountingPips.com

The latest data for the weekly Commitments of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and speculators sharply reduced their Canadian dollar bearish positions last week while large specs trimmed their euro positions that had reached their highest level since October the previous week.

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, increased their bets for the Canadian dollar, British pound sterling, Australian dollar and the New Zealand dollar last week, according to the data through March 25th. Meanwhile, there was weekly declines for the euro, Japanese yen, Swiss franc and the Mexican peso net positions.

Canadian dollar large speculator positions were the biggest movers on the week with a change of +36,590 contracts to bring the overall net positions to -33,215 contracts. Net bearish CAD positions had marked their highest level on March 18th since a total of -70,327 positions were registered on January 21st. The weekly CAD data saw long positions rise by +12,690 contracts while the short positions declined by -23,900 contracts for a net change of +36,590 on the week.

Euro large speculator positions dipped last week to a net total of +39,634 contracts after rising to approximately a 5-month high of +52,991 contracts the previous week. The data showed that long euro positions fell by -10,905 contracts while short positions rose by +2,452 contracts for a net change of -13,357 for euro contracts on the week.

* All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the dollar will gain versus the euro. Please see charts and data below.

Charts: Large Speculators Weekly Positions vs Currency Spot Price

EuroFX:

Last Six Weeks data for EuroFX futures

British Pound Sterling:

Last Six Weeks data for Pound Sterling futures

Japanese Yen:

Last Six Weeks data for Yen Futures

Swiss Franc:

Last Six Weeks data for Franc futures

Canadian Dollar:

Last Six Weeks data for Canadian dollar futures

Australian Dollar:

Last Six Weeks data for Australian dollar futures

New Zealand Dollar:

Last Six Weeks data for New Zealand dollar futures

Mexican Peso:

Last Six Weeks data for Mexican Peso futures

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

The Commitment of Traders report is published every Friday by the Commodity Futures Trading Commission (CFTC) and shows futures positions data that was reported as of the previous Tuesday (3 days behind).

Each currency contract is a quote for that currency directly against the U.S. dollar, a net short amount of contracts means that more speculators are betting that currency to fall against the dollar and a net long position expect that currency to rise versus the dollar.

(The graphs overlay the forex spot closing price of each Tuesday when COT trader positions are reported for each corresponding spot currency pair.)

See more information and explanation on the weekly COT report from the CFTC website.

Article by CountingPips.com – Forex Apps & News

By CountingPips.com

Weekly CFTC Net Speculator Report

Large Speculators bearish positions rise to a total of -61,765 contracts

10 Year Treasuries: Large futures market traders slightly increased their overall bearish bets in the 10-year treasury note futures last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of the 10-year treasury notes, primarily traded by large speculators and hedge funds, totaled a net position of -61,765 contracts in the data reported for March 25th. This was a change of -6,751 contracts from the previous week’s total of -55,014 net contracts that was recorded on March 18th.

The previous week’s reduction in bearish positions, on March 18th, had brought overall net large spec positions in the 10-year note to the lowest level since January 14th when positions were at a total of -50,790 contracts before last week’s slight turnaround.

Over the weekly reporting time-frame, from Tuesday March 18th to Tuesday March 25th, the yield on the 10-Year treasury note rose from 2.68 to a yield of 2.75, according to data from the United States Treasury Department.

Last 6 Weeks of Large Trader Non-Commercial Positions

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article by CountingPips.com – Forex Trading Apps

By CountingPips.com

Weekly CFTC Net Speculator Report

VIX Futures Contracts: Large traders and speculators raised their bearish bets in the VIX futures market last week after two weeks of declining short positions, according to the latest data from the Commodity Futures Trading Commission (CFTC) released on Friday.

The VIX non-commercial futures contracts, comprising of large speculator and hedge fund positions, totaled a net bearish position of -7,204
contracts in the data reported for March 25th. This was a change of -6,141 contracts from the previous week’s total of -1,063 net contracts that was registered on March 18th.

The data saw large speculators increase both their long and short positions for the week although the short positions rose by a greater margin.

The VIX index, meanwhile, edged slightly lower for a second week in a row from a 14.52 reading on Tuesday March 18th to a 14.02 reading on Tuesday March 25th, according to the Chicago Board Options Exchange (CBOE) Volatility Index.

Last 6 Weeks of Large Trader Positions

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article by CountingPips.com – Forex Apps & Analysis

2014.03.25 12:30 6:30AM ET | GBPUSD Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading just under the daily pivot point at the 1.64970 price level, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.65081 while the low of day has reached 1.64797. The pair earlier today opened the Asian trading session slightly below the daily pivot and has trended basically sideways so far today.

Daily Pivot Point: 1.64985
— S1 – 1.64617
— S2 – 1.64276
— S3 – 1.63908
— R1 – 1.65326
— R2 – 1.65694
— R3 – 1.66035

Weekly Pivot Points: GBPUSD

Prices are currently trading under the weekly pivot point at time of writing. The GBPUSD has been on an overall sideways to a slightly bullish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 1.65411
— S1 – 1.64175
— S2 – 1.63508
— S3 – 1.62272
— R1 – 1.66078
— R2 – 1.67314
— R3 – 1.67981

By CountingPips.com – Forex Trading Apps & Currency Trade Tools

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.

By CountingPips.com

The latest data for the weekly Commitments of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and speculators boosted their euro positions last week to the highest level in almost five months while increasing bets for the other major currencies as well.

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, placed bets in favor of the European common currency, Swiss franc, British pound sterling, Japanese yen, Australian dollar, New Zealand dollar and the Mexican peso last week, according to the data through March 18th.

There was a decline for just the Canadian dollar net positions on the week. All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the dollar will gain versus the euro.

Euro large speculator positions rose to a net total of +52,991 contracts through March 18th from a total of +36,385 on March 11th. This marks the highest level of euro positions since October 29th, 2013 when net euro positions stood at +70,617 contracts. The biggest mover of the week was the Japanese yen which saw a weekly change of +38,257 contracts that brought the bearish overall net position down to -61,099 on March 18th from -99,356 on March 11th.

Please see charts and data below.

Charts: Large Speculators Weekly Positions vs Currency Spot Price

EuroFX:

Last Six Weeks data for EuroFX futures

British Pound Sterling:

Last Six Weeks data for Pound Sterling futures

Japanese Yen:

Last Six Weeks data for Yen Futures

Swiss Franc:

Last Six Weeks data for Franc futures

Canadian Dollar:

Last Six Weeks data for Canadian dollar futures

Australian Dollar:

Last Six Weeks data for Australian dollar futures

New Zealand Dollar:

Last Six Weeks data for New Zealand dollar futures

Mexican Peso:

Last Six Weeks data for Mexican Peso futures

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators).

The Commitment of Traders report is published every Friday by the Commodity Futures Trading Commission (CFTC) and shows futures positions data that was reported as of the previous Tuesday (3 days behind).

Each currency contract is a quote for that currency directly against the U.S. dollar, a net short amount of contracts means that more speculators are betting that currency to fall against the dollar and a net long position expect that currency to rise versus the dollar.

(The graphs overlay the forex spot closing price of each Tuesday when COT trader positions are reported for each corresponding spot currency pair.)

See more information and explanation on the weekly COT report from the CFTC website.

Article by CountingPips.com – Forex Apps & News

By CountingPips.com

Weekly CFTC Net Speculator Report

Large Speculators bearish positions fall to lowest level since January 14th

10 Year Treasuries: Large futures market traders reduced their overall bearish bets in the 10-year treasury note futures last week for the first time in three weeks and to the lowest level in two months, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of the 10-year treasury notes, primarily traded by large speculators and hedge funds, totaled a net position of -55,014 contracts in the data reported for March 18th. This was a change of +63,196 contracts from the previous week’s total of -118,210 net contracts that was recorded on March 11th.

Last week’s reduction in bearish positions brought overall net large spec positions in the 10-year note to the lowest level since January 14th when positions were at a total of -50,790 contracts.

Over the same weekly reporting time-frame, from Tuesday March 11th to Tuesday March 18th, the yield on the 10-Year treasury note dipped from 2.77 to a yield of 2.68, according to data from the United States Treasury Department.

Last 6 Weeks of Large Trader Non-Commercial Positions

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article by CountingPips.com – Forex Trading Apps

By CountingPips.com

Weekly CFTC Net Speculator Report

VIX Futures Contracts: Large traders and speculators reduced their bearish bets in the VIX futures market last week for a second straight week and to the lowest level this year, according to the latest data from the Commodity Futures Trading Commission (CFTC) released on Friday.

The VIX non-commercial futures contracts, comprising of large speculator and hedge fund positions, totaled a net bearish position of just -1,063 contracts in the data reported for March 18th. This was a change of +5,791 contracts from the previous week’s total of -6,854 net contracts that was registered on March 11th.

The VIX index, meanwhile, edged slightly lower from a 14.80 reading on Tuesday March 11th to a 14.52 reading on Tuesday March 18th, according to the Chicago Board Options Exchange (CBOE) Volatility Index.

Last 6 Weeks of Large Trader Positions

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article by CountingPips.com – Forex Apps & Analysis

Gwyneth Paltrow and her Coldplay rocker husband Chris Martin have just spent $14 million on a seaside escape in Malibu. First reported by The Real Estalker, Paltrow and Martin purchased ‘The Garwood Residence,’ designed by world-renowned architect, John Lautner. This secluded and gated Malibu estate in the heart of the celebrity-infested Point Dume area is inspired by the award winning luxury brand, Aman Resorts. Inside the four bedroom post-and-beam estate, Gwyneth and Chris’s new home has heated sandstone floors, a Chef’s Kitchen, and a unique floor plan encompassing both indoor and outdoor living space.

2014.03.21 12:30 6:30AM ET | USDCHF Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair today. Price action is currently trading slightly under the daily pivot point at the 0.88264 price level, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.88404 while the low of day reached 0.88220. The pair earlier today opened the Asian trading session on top of the daily pivot and has edged lower so far today

Daily Pivot Point: 0.88340
— S1 – 0.87999
— S2 – 0.87648
— S3 – 0.87307
— R1 – 0.88691
— R2 – 0.89032
— R3 – 0.89383

Weekly Pivot Points: USDCHF

Prices are currently trading over the weekly pivot point and just below the R2 resistance level at time of writing. The USDCHF has been on an overall bullish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 0.87405
— S1 – 0.86769
— S2 – 0.86343
— S3 – 0.85707
— R1 – 0.87831
— R2 – 0.88467
— R3 – 0.88893

By CountingPips.com – Forex Trading Apps & Currency Trade Tools

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.