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CHF and JPY at Bullish Extremes

Monday, 19 November 2007 18:19:54 GMT

Written by Jamie Saettele, Technical Currency Strategist

COMM %    84

SPEC %    24

52 COTINDEX   25

 13  COTINDEX 33

                     

11-19-2007cot3

EUR: The % of total commercial positions that are long measured through a 52 week percentile is at 84 and the % of total speculative positions that are long measured through a 52 week percentile is at 24.  Positioning continues to favor euro gains until both groups are extreme.



    

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