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Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Jamie Saettele, CMT, Sr. Technical Strategist

Latest CFTC Release dated January 15, 2013:

Week (Data for Tuesdays)

52 week Percentile / Comment (if applicable)

US Dollar

29

Euro

100 – specs flip to long

British Pound

86

Australian Dollar

96

Japanese Yen

14

Canadian Dollar

80

Swiss Franc

94

Gold

47

Silver

63

Copper

96

Crude

78

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 (COT Index) – White

US Dollar

Forex_Analysis_Euro_COT_Positioning_Flips_for_the_3rd_Time_in_4_Weeks_body_usd.png, Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Chart prepared by Jamie Saettele, CMT

Euro

Forex_Analysis_Euro_COT_Positioning_Flips_for_the_3rd_Time_in_4_Weeks_body_eur.png, Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Chart prepared by Jamie Saettele, CMT

British Pound

Forex_Analysis_Euro_COT_Positioning_Flips_for_the_3rd_Time_in_4_Weeks_body_GBP.png, Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Chart prepared by Jamie Saettele, CMT

Australian Dollar

Forex_Analysis_Euro_COT_Positioning_Flips_for_the_3rd_Time_in_4_Weeks_body_AUD.png, Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Chart prepared by Jamie Saettele, CMT

Japanese Yen

Forex_Analysis_Euro_COT_Positioning_Flips_for_the_3rd_Time_in_4_Weeks_body_JPY.png, Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Chart prepared by Jamie Saettele, CMT

Canadian Dollar

Forex_Analysis_Euro_COT_Positioning_Flips_for_the_3rd_Time_in_4_Weeks_body_cad.png, Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Chart prepared by Jamie Saettele, CMT

Swiss Franc

Forex_Analysis_Euro_COT_Positioning_Flips_for_the_3rd_Time_in_4_Weeks_body_chf.png, Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Chart prepared by Jamie Saettele, CMT

Gold

Forex_Analysis_Euro_COT_Positioning_Flips_for_the_3rd_Time_in_4_Weeks_body_gold.png, Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Chart prepared by Jamie Saettele, CMT

Silver

Forex_Analysis_Euro_COT_Positioning_Flips_for_the_3rd_Time_in_4_Weeks_body_silver.png, Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Chart prepared by Jamie Saettele, CMT

Copper

Forex_Analysis_Euro_COT_Positioning_Flips_for_the_3rd_Time_in_4_Weeks_body_copper.png, Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Chart prepared by Jamie Saettele, CMT

Crude

Forex_Analysis_Euro_COT_Positioning_Flips_for_the_3rd_Time_in_4_Weeks_body_crude.png, Forex Analysis: Euro COT Positioning Flips for the 3rd Time in 4 Weeks

Chart prepared by Jamie Saettele, CMT

--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com

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

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Jamie is the author of Sentiment in the Forex Market.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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