Author: FX_Trdr

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 futures traders and speculators slightly trimmed their bullish bets for the US dollar last week after increasing dollar bets for the previous five weeks.

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, had an overall US dollar long position totaling $19.85 billion as of Tuesday November 26th, according to data calculations from Reuters. This was a weekly change of -$0.54 billion from the total $20.39 billion position that was recorded on November 26th, according to the data from Reuters which is calculated by the total of US dollar contracts against the combined contracts of the euro, British pound, Japanese yen, Australian dollar, Canadian dollar and the Swiss franc.

US dollar bullish positions had risen the previous five weeks to the highest level since September 10th when US dollar bets were long at a total of $22.01 billion.

Individual Currencies Large Speculators Positions in Futures:

The large non-commercial net positions for each of the individual currencies directly against the US dollar saw weekly increases for the euro, British pound sterling and the Swiss franc while there were weekly declines for the Canadian dollar, New Zealand dollar, Japanese yen, Mexican peso and the Australian dollar.

Individual Currency Charts:

EuroFX:

Last Six Weeks of Large Trader Positions: EuroFX

British Pound Sterling:

Last Six Weeks of Large Trader Positions: Pound Sterling

Japanese Yen:

Last Six Weeks of Large Trader Positions: Yen

Swiss Franc:

Last Six Weeks of Large Trader Positions: Franc

Canadian Dollar:

Last Six Weeks of Large Trader Positions: CAD

Australian Dollar:

Last Six Weeks of Large Trader Positions: AUD

New Zealand Dollar:

Last Six Weeks of Large Trader Positions: NZD

Mexican Peso:

Last Six Weeks of Large Trader Positions: MXN

*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 News

By CountingPips.com

Weekly CFTC Net Speculator Report

10 Year Treasuries: Large trader and futures market speculators increased their overall bearish positions in the 10-year treasury note futures after cutting back on bearish bets the previous three weeks, 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 -167,360 contracts in the data for December 3rd. This was a change of -11,806 contracts from the previous week’s total of -155,554 net contracts that was registered on November 26th.

Over the same time-frame, the yield on the 10-Year treasury note increased from 2.71 on Tuesday November 26th to a yield of 2.79 on Tuesday December 3rd, according to US Treasury data.

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 Trading News & Analysis

By CountingPips.com

Weekly CFTC Net Speculator Report

VIX: Large traders and speculators increased their bearish positions in the VIX futures market on December 3rd for a fifth consecutive week, according to the Commodity Futures Trading Commission (CFTC) data released on Friday. The VIX non-commercial contracts, consisting of large speculators and hedge funds, totaled a net position of -62,050 contracts in the data reported for December 3rd. This was a change of -2,026 contracts from the previous week’s total of -60,024 net contracts that was registered on November 26th. Over the same time-frame, the VIX index score increased  from 12.81 on Tuesday November 26th to 14.55 on Tuesday December 3rd, 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 News & Analysis

2013.12.06 | NZDUSD Market Analysis

NZDUSD Trends & Fibonacci Retracement Levels

The NZDUSD currency pair has been falling in forex market trading today with the NZDUSD registering a high of 0.82299 and reaching to a low of 0.81756 on the day. Trends data shows the pair is currently in a short-term uptrend (although consolidating) with prices trading over the 21-period linear moving average. Over the longer term trend, the pair continues to be in an uptrend as seen on the daily chart by the 90-day Linear Regression Channels below. The pair has found resistance at the 38.2% fibonacci retracement level at 0.8226 while the moving average area has been seen as support over that past week.

NZDUSD Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 36.5 pips
30-day current trend is BEARISH / Trend strength of -134.4 pips
60-day current trend is BEARISH / Trend strength of -107.2 pips
90-day current trend is BULLISH / Trend strength of 431.5 pips
180-day current trend is BEARISH / Trend strength of -25.0 pips

Fibonacci Retracement Levels: Past 100 Days

— 0.000 – 0.85410
— 0.236 – 0.83464
— 0.382 – 0.82260
— 0.500 – 0.81286
— 0.618 – 0.80313
— 0.764 – 0.79109
— 1.000 – 0.77163

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.

2013.12.06 | USDJPY Market Analysis

USDJPY Trends & Fibonacci Retracement Levels

The USDJPY currency pair has been rising in forex market trading today before the release of the US nonfarm payrolls report with the USDJPY registering a high of 102.208 and reaching to a low of 101.623 on the day. Trends data shows the pair has turned over into a short-term downtrend with prices trading under the 21-period linear moving average. Over the longer term trend, the pair continues to be in an uptrend as seen on the daily chart by the 90-day Linear Regression Channels below. Prices have found near-term support at the 23.6% fibonacci retracement level at 101.58 with the 102.50 level providing an immediate resistance barrier above.

USDJPY Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 91.4 pips
30-day current trend is BULLISH / Trend strength of 553.4 pips
60-day current trend is BULLISH / Trend strength of 399.8 pips
90-day current trend is BULLISH / Trend strength of 326.1 pips
180-day current trend is BULLISH / Trend strength of 110.3 pips

Fibonacci Retracement Levels: Past 100 Days

— 0.000 – 103.370
— 0.236 – 101.583
— 0.382 – 100.478
— 0.500 – 99.585
— 0.618 – 98.691
— 0.764 – 97.586
— 1.000 – 95.799

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.

2013.12.06 | USDCAD Market Analysis

USDCAD Trends & Fibonacci Retracement Levels

The USDCAD currency pair has been rising modestly in forex market trading today with the USDCAD registering a high of 1.06652 and reaching to a low of 1.06417 on the day. Trends data shows the pair is currently in a short-term uptrend with prices trading over the 21-period linear moving average. Over the longer term trend, the pair continues to be in an uptrend as seen on the daily chart by the 90-day Linear Regression Channels below.

USDCAD Trends Data: Linear Regression Indicator

10-day current trend is BULLISH / Trend strength of 177.4 pips
30-day current trend is BULLISH / Trend strength of 241.6 pips
60-day current trend is BULLISH / Trend strength of 356.8 pips
90-day current trend is BULLISH / Trend strength of 179.0 pips
180-day current trend is BULLISH / Trend strength of 332.1 pips

Fibonacci Retracement Levels: Past 100 Days

— 0.000 – 1.07058
— 0.236 – 1.05819
— 0.382 – 1.05053
— 0.500 – 1.04433
— 0.618 – 1.03814
— 0.764 – 1.03047
— 1.000 – 1.01808

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.

2013.12.06 13:30 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 above the daily pivot point at the 102.102 price level, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.208 while the low of day reached to 101.623. The pair earlier today opened the Asian trading session below the daily pivot and has trended higher over the course of the day finding resistance below the R1 level.

Daily Pivot Point: 101.942
— S1 – 101.451
— S2 – 101.125
— S3 – 100.634
— R1 – 102.268
— R2 – 102.759
— R3 – 103.085

Weekly Pivot Points: USDJPY

Prices are currently trading just above the weekly pivot point at time of writing. The USDJPY has been on an overall bearish trend this week after opening the trading week higher than the weekly pivot and reaching above the R1 resistance level before coming back to the pivot.

Weekly Pivot Point: 102.042
— S1 – 101.483
— S2 – 100.572
— S3 – 100.013
— R1 – 102.953
— R2 – 103.512
— R3 – 104.423

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.

2013.12.06 13:30 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 above the daily pivot point at the 1.36695 price level, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.36741 while the low of day reached to 1.36499. The pair earlier today opened the Asian trading session higher than the daily pivot and has trended sideways over the course of the day after advancing past the R2 resistance level yesterday.

Daily Pivot Point: 1.36285
— S1 – 1.35805
— S2 – 1.34944
— S3 – 1.34464
— R1 – 1.37146
— R2 – 1.37626
— R3 – 1.38487

Weekly Pivot Points: EURUSD

Prices are currently trading over the weekly pivot point and the R1 level on last trading day of this week. The EURUSD has been on an overall bullish trend this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 1.35664
— S1 – 1.35118
— S2 – 1.34348
— S3 – 1.33802
— R1 – 1.36434
— R2 – 1.36980
— R3 – 1.37750

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.

2013.12.06 13:30 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 under the daily pivot point for a third day in a row at the 0.89563 price level, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.89775 while the low of day reached to 0.89524. The pair earlier today opened the Asian trading session below the daily pivot and has trended lower over the course of the day dropping below the major 0.9000 trading level.

Daily Pivot Point: 0.89904
— S1 – 0.89315
— S2 – 0.88971
— S3 – 0.88382
— R1 – 0.90248
— R2 – 0.90837
— R3 – 0.91181

Weekly Pivot Points: USDCHF

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

Weekly Pivot Point: 0.90691
— S1 – 0.90078
— S2 – 0.89572
— S3 – 0.88959
— R1 – 0.91197
— R2 – 0.91810
— R3 – 0.92316

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.

2013.12.06 13:30 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 over the daily pivot point at the 1.63641 price level, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.63695 while the low of day reached to 1.63176. The pair earlier today opened the Asian trading session below the daily pivot and has trended higher over the course of the day after registering a declining day yesterday.

Daily Pivot Point: 1.63452
— S1 – 1.62878
— S2 – 1.62419
— S3 – 1.61845
— R1 – 1.63911
— R2 – 1.64485
— R3 – 1.64944

Weekly Pivot Points: GBPUSD

Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on an overall sideways trend this week after opening the trading week higher than the weekly and monthly pivots.

Weekly Pivot Point: 1.62918
— S1 – 1.62003
— S2 – 1.60407
— S3 – 1.59492
— R1 – 1.64514
— R2 – 1.65429
— R3 – 1.67025

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.