Author: FX_Trdr

By CountingPips.com

Weekly CFTC Net Speculator Report

GOLD: Large futures market traders and speculators increased their overall bullish bets in gold futures last week for a second consecutive 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 +85,227 contracts in the data reported through April 29th. This was a change of +3,394 contracts from the previous week’s total of +81,833 net contracts on April 22nd.

The gold non-commercial net positions had fallen for four straight weeks through April 15th before turning around with small gains the past two weeks.

Over the weekly reporting time-frame, from Tuesday April 22nd to Tuesday April 29th, the gold price advanced from $1,284.90 to $1,296.20 per ounce, according to gold futures price data from investing.com.

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).

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By CountingPips.com

Weekly CFTC Net Speculator Report

Large Speculators net bearish positions fall to a total of -114,425 contracts

10 Year Treasuries: Large futures market traders and speculators decreased their overall bearish bets in the 10-year treasury note futures for a second straight week 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 -114,425
contracts in the data reported for April 29th. This was a change of +31,440 contracts from the previous week’s total of -145,865 net contracts that was recorded on April 22nd.

The 10-Year Note non-commercial bearish positions have now fallen for two straight weeks and to the lowest level since April 1st when net positions equaled -68,776 contracts.

Over the weekly reporting time-frame, from Tuesday April 22nd to Tuesday April 29th, the yield on the 10-Year treasury note slipped from 2.73 to a yield of 2.71, 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

2014.04.30 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 right on the daily pivot point at the 0.88211 price level, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.88499 while the low of day has reached to 0.88163. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower over so far today.

Daily Pivot Point: 0.88212
— S1 – 0.87974
— S2 – 0.87616
— S3 – 0.87378
— R1 – 0.88570
— R2 – 0.88808
— R3 – 0.89166

Weekly Pivot Points: USDCHF

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

Weekly Pivot Point: 0.88254
— S1 – 0.87898
— S2 – 0.87652
— S3 – 0.87296
— R1 – 0.88500
— R2 – 0.88856
— R3 – 0.89102

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.

2014.04.30 12:30 6:30AM 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 under the daily pivot point at the 102.514 price level, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.646 while the low of day has reached to 102.274. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower today with prices finding support at the S2 support area at 102.27.

Daily Pivot Point: 102.611
— S1 – 102.450
— S2 – 102.275
— S3 – 102.114
— R1 – 102.786
— R2 – 102.947
— R3 – 103.122

Weekly Pivot Points: USDJPY

Prices are currently trading over the weekly pivot point at time of writing. The USDJPY has been on an overall bullish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 102.281
— S1 – 101.845
— S2 – 101.516
— S3 – 101.080
— R1 – 102.610
— R2 – 103.046
— R3 – 103.375

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.

2014.04.30 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 under the daily pivot point at the 1.68162 price level, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.68284 while the low of day has reached to 1.68058. The pair earlier today opened the Asian trading session slightly above the daily pivot and has trended lower into the North American morning.

Daily Pivot Point: 1.68210
— S1 – 1.67962
— S2 – 1.67667
— S3 – 1.67419
— R1 – 1.68505
— R2 – 1.68753
— R3 – 1.69048

Weekly Pivot Points: GBPUSD

Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on an overall modest bullish trend this week after opening the trading week virtually on top of the weekly pivot.

Weekly Pivot Point: 1.67980
— S1 – 1.67575
— S2 – 1.67206
— S3 – 1.66801
— R1 – 1.68349
— R2 – 1.68754
— R3 – 1.69123

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.

2014.04.29 12:30 6:30AM 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 102.611 price level and over the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.662 while the low of day has been reached at 102.436. The pair earlier today opened the Asian trading session above the daily pivot and has trended higher over the course of the day.

Daily Pivot Point: 102.377
— S1 – 102.137
— S2 – 101.798
— S3 – 101.558
— R1 – 102.716
— R2 – 102.956
— R3 – 103.295

Weekly Pivot Points: USDJPY

Prices are currently trading over the weekly pivot point and right at the R1 resistance level at time of writing. The USDJPY has been on an overall bullish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 102.281
— S1 – 101.845
— S2 – 101.516
— S3 – 101.080
— R1 – 102.610
— R2 – 103.046
— R3 – 103.375

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.

2014.04.29 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 slightly over the daily pivot point at the 1.68128 price level, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.68450 while the low of day has reached to 1.67914. The pair earlier today opened the Asian trading session below the daily pivot and has trended sideways after spiking higher and coming back to the pivot area.

Daily Pivot Point: 1.68125
— S1 – 1.67684
— S2 – 1.67324
— S3 – 1.66883
— R1 – 1.68485
— R2 – 1.68926
— R3 – 1.69286

Weekly Pivot Points: GBPUSD

Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on an overall slightly bullish trend this week after opening the trading week right near the weekly pivot.

Weekly Pivot Point: 1.67980
— S1 – 1.67575
— S2 – 1.67206
— S3 – 1.66801
— R1 – 1.68349
— R2 – 1.68754
— R3 – 1.69123

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.

2014.04.29 12:30 6:30AM 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 over the daily pivot point and at the 1.38675 price level, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.38782 while the low of day has reached to 1.38484. The pair earlier today opened the Asian trading session slightly above the daily pivot and has trended higher today.

Daily Pivot Point: 1.38477
— S1 – 1.38166
— S2 – 1.37832
— S3 – 1.37521
— R1 – 1.38811
— R2 – 1.39122
— R3 – 1.39456

Weekly Pivot Points: EURUSD

Prices are currently trading over the weekly pivot point and above the R1 resistance level at time of writing. The EURUSD has been on an overall bullish trend this week after opening the trading week above the weekly pivot and finding support around the main pivot area.

Weekly Pivot Point: 1.38235
— S1 – 1.37933
— S2 – 1.37539
— S3 – 1.37237
— R1 – 1.38629
— R2 – 1.38931
— R3 – 1.39325

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 continued to decrease their bets in the US dollar last week as overall US dollar positions fell to their lowest level since October.

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, had an overall US dollar short position totaling -$1.58 billion as of Tuesday April 22nd, according to the latest data from the CFTC and calculations by Reuters. This was a weekly change of -$0.41 billion from the -$1.17 billion total short position that was registered on April 15th, according to 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.

Last week’s data marks the highest short position in the US dollar since October 29th 2013 when bearish positions equaled -$3.14 billion.

For the week, speculators increased their bets in favor of the Japanese yen, Australian dollar and the New Zealand dollar while there was weekly declines for the euro, British pound sterling, Swiss franc, Canadian dollar and the Mexican peso.

Notable changes:

• Euro positions have fallen four out of the last five weeks to the lowest level since March 4th
  

• British pound sterling positions fell slightly after five straight weeks of gains

• Japanese yen positions rose for the third straight week

• Swiss franc (-43), Canadian dollar (-29), New Zealand dollar (+328) and Mexican Peso (-726) positions saw little change for the week

• Australian dollar net positions rose the most in the week (+8,273) as the Aussie had its third straight bullish position and highest bullish standing since April 2013

* 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.

Weekly 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 decline to a total of -145,865 contracts

10 Year Treasuries: Large futures market traders decreased their overall bearish bets in the 10-year treasury note futures last week after four straight weeks of rising bearish positions, 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 -145,865 contracts in the data reported for April 22nd. This was a change of +16,413  contracts from the previous week’s total of -162,278 net contracts that was recorded on April 15th.

The current level in the 10-year note futures contracts is the lowest bearish level in three weeks after reaching the highest bearish level of 2014 on April 15th.

Over the weekly reporting time-frame, from Tuesday April 15th to Tuesday April 22nd, the yield on the 10-Year treasury note advanced from 2.64 to a yield of 2.73, 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