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COT 01/14

Monday, 14 January 2008 17:08:55 GMT

Written by Jamie Saettele,Technical Currency Strategist

Signal: Bullish

cot011408chf

 

CHF: The % of total commercial positions that are long measured through a 52 week percentile is at 24 and the % of total speculative positions that are long measured through a 52 week percentile is 69.  The most recent extreme registered on the 52 week index was a bullish one but the most recent extreme registered on the 13 week index was a bearish one.  With momentum towards CHF strength intact, remain bullish on CHF until further notice (bearish USDCHF).

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