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COT 01/14

Monday, 14 January 2008 17:14:38 GMT

Written by Jamie Saettele,Technical Currency Strategist

Signal: Bullish

cot011408eur

EUR: The % of total commercial positions that are long measured through a 52 week percentile is at 86 and the % of total speculative positions that are long measured through a 52 week percentile is at 4.  The 52 week index appears to have bottomed at 0 and had turned up and is now at 4.  Conditions are bullish for the Euro.

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