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FOREX Analysis: Australian Speculative Traders at Record Long Position

By , Sr. Technical Strategist
10 December 2012 13:47 GMT

Latest CFTC Release dated December 04, 2012:

***COT indicator is now available for Marketscope 2.0

Week (Data for Tuesdays)

52 week Percentile / Comment (if applicable)

US Dollar

22

Euro

100

British Pound

96

Australian Dollar

100-speculatives at a record long position

Japanese Yen

0 – positioning at most extreme level since 2007 Yen Low (USDJPY high)

Canadian Dollar

71

Swiss Franc

100-COT Index flips from short to long

Gold

69

Silver

98

Copper

75- COT Index flips from short to long

Crude

59

The COT Index is the difference between net speculative positioning and net commercial positioning measured. A light blue colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bullish) with speculators selling and commercials buying. A light red colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bearish) with speculators buying and commercials selling. Crosses above and below 0 are in bold. Non commercials tend to be on the wrong side at the turn and commercials the correct side. Use of the index is covered closely in detail in my book.

Charts

Non Commercials (speculators) – Red

Commercials – Blue

Small Speculators – White

COTDiff – White

Volume – Red Histogram

US Dollar

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_usd.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Euro

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_eur.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

British Pound

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_gbp.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Australian Dollar

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_aud.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Japanese Yen

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_jpy.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Canadian Dollar

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_cad.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Swiss Franc

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_chf.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Gold

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_gold.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Silver

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_silver.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Copper

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_copper.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Crude

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_crude.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

To contact Jamie e-mail jsaettele@dailyfx.com. Follow me on Twitter @JamieSaettele

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Jamie is the author of Sentiment in the Forex Market.

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10 December 2012 13:47 GMT