Author: FX_Trdr

By CountingPips.com

Large Speculator bullish bets fall to $10.56 billion on March 11th

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 futures speculators decreased their bullish positions of the US dollar for a fifth straight week through March 11th.

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, had an overall US dollar long position totaling $10.56 billion as of Tuesday March 11th, according to the latest data from the CFTC and Reuters. This was a weekly change of -$1.04 billion from the $11.60 billion total bullish position that was registered on March 4th, according to the calculations by Reuters that totals the US dollar contracts against the combined contracts of the euro, British pound, Japanese yen, Australian dollar, Canadian dollar and the Swiss franc.

The five weeks of decline has pushed the US dollar aggregate position to a new low level since November 5th 2013 when the overall bullish position totaled just $7.02 billion.

Net Contract Standings for the week:

Individual Currencies – Large Speculator Weekly changes:

The non-commercial net positions for each of the individual currencies directly against the US dollar showed weekly gains for the euro, Swiss franc, Canadian dollar, Australian dollar, New Zealand dollar and the Mexican peso while there were weekly declines for the British pound sterling and the Japanese yen. See charts & data below.

Individual Currency Charts: Large & Small Speculator Positions vs 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 rose for a second straight week

10 Year Treasuries: Large futures market traders raised their overall bearish bets in the 10-year treasury note futures last week for a second week in a row, 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, traded by large speculators and hedge funds, totaled a net position of -118,210 contracts in the data reported for March 11th. This was a change of -16,840 contracts from the previous week’s total of -101,370 net contracts that was registered on March 4th.

Bearish positions of the 10-year note are now at the highest level since February 11th when contracts were at -142,533 positions.

Over the same reporting time-frame, from Tuesday March 4th to Tuesday March 11th, the yield on the 10-Year treasury note rose from 2.70 to a yield of 2.77, 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 to the lowest bearish position this year, according to the latest data from the Commodity Futures Trading Commission (CFTC) released on Friday.

The VIX non-commercial futures contracts, usually comprising of large speculator and hedge fund positions, totaled a net bearish position of -6,854 contracts in the data reported for March 11th. This was a change of +13,592 contracts from the previous week’s total of -20,446 net contracts that was registered on March 4th.

The VIX index, meanwhile, edged up slightly higher from a 14.10 reading on Tuesday March 4th to a 14.80 reading on Tuesday March 11th, 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

2014.03.14 13:30 7:30AM 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 at the 1.66019 price level and under the daily pivot point, according to data at 7:30 AM ET. The GBPUSD high for the day has been 1.66277 while the low of day has reached to 1.65908. The pair earlier today opened the Asian trading session below the daily pivot and has trended lower over the course of the day.

Daily Pivot Point: 1.66487
— S1 – 1.65792
— S2 – 1.65361
— S3 – 1.64666
— R1 – 1.66918
— R2 – 1.67613
— R3 – 1.68044

Weekly Pivot Points: GBPUSD

Prices are currently trading under the weekly pivot point and below the S1 support level at time of writing. The GBPUSD has been on an overall bearish trend this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 1.67114
— S1 – 1.66381
— S2 – 1.65658
— S3 – 1.64925
— R1 – 1.67837
— R2 – 1.68570
— R3 – 1.69293

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.

2014.03.14 13:30 7:30AM ET | EURUSD Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair today. Price action is currently trading at the 1.38873 price level and just under the daily pivot point, according to data at 7:30 AM ET. The EURUSD high for the day has been 1.38944 while the low of day has reached to 1.38470. The pair earlier today opened the Asian trading session below the daily pivot and has trended higher towards the daily pivot this morning.

Daily Pivot Point: 1.38941
— S1 – 1.38221
— S2 – 1.37729
— S3 – 1.37009
— R1 – 1.39433
— R2 – 1.40153
— R3 – 1.40645

Weekly Pivot Points: EURUSD

Prices are currently trading over the weekly pivot point at time of writing after ascending to the R1 level where resistance was found earlier this week. The EURUSD has been on an overall bullish to sideways trend on the week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 1.38317
— S1 – 1.37490
— S2 – 1.36238
— S3 – 1.35411
— R1 – 1.39569
— R2 – 1.40396
— R3 – 1.41648

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.

2014.03.14 13:30 7:30AM ET | USDJPY Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading at the 101.415 price level and under the daily pivot point, according to data at 7:30 AM ET. The USDJPY high for the day has been 101.871 while the low of day has reached to 101.413. The pair earlier today opened the Asian trading session below the daily pivot and has continued to trend lower over the course of the day.

Daily Pivot Point: 102.082
— S1 – 101.311
— S2 – 100.761
— S3 – 99.990
— R1 – 102.632
— R2 – 103.403
— R3 – 103.953

Weekly Pivot Points: USDJPY

Prices are currently trading under the weekly pivot point and below the S1 support level at time of writing. The USDJPY has been on an overall bearish trend this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 102.726
— S1 – 101.704
— S2 – 100.171
— S3 – 99.149
— R1 – 104.259
— R2 – 105.281
— R3 – 106.814

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.

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