News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bullish
Wall Street
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bullish
GBP/USD
Mixed
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Currency exchange rates are impacted by several factors. Are different world leaders a contributing factor? Find out here: https://t.co/4jsORznRTE https://t.co/5nHxtlZ7nn
  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here: https://t.co/IsnpfJhp91 https://t.co/lqpXwWjVFt
  • Looking for a new way to trade reversals? One of the most used reversal candle patterns is known as the Harami. Like most candlestick formation patterns, the Harami tells a story about sentiment in the market. Get better with trading reversals here: https://t.co/rfwUWJfbz9 https://t.co/CrpXuYgfRO
  • MACD who? The Moving Average Convergence Divergence (MACD) is a technical indicator which simply measures the relationship of exponential moving averages (EMA). Find out how you can incorporate MACD into your trading strategy here: https://t.co/ZNs4Qi8ieG https://t.co/VzEbQn8blk
  • Brush up your knowledge on trade-wars with this tool from DailyFX research briefly outlining trade-war history dating back to the early 1900s here: https://t.co/bZEFtp8kFe https://t.co/ETF52Q2sLz
  • Did you know a Doji candlestick signals market indecision and the potential for a change in direction. What are the top five types of Doji candlesticks? Find out https://t.co/c51s3IBcEu https://t.co/AXZxK8Abrh
  • Global stock markets may see turbulent volatility if darkening clouds over Washington’s relations with Beijing turn into a geopolitical storm. Which assets will be the lifeboat? Find out here:https://t.co/RkFI6qAyik https://t.co/9Ppa4d48Ql
  • The Dow Jones and S&P 500 outlook appears bleak in the near term as retail traders increase their upside exposure. At the same time, these indices confirmed bearish technical warning signs. Get your market update from @ddubrovskyFX here:https://t.co/fKCHELbOxo https://t.co/e0liqVDzw6
  • The Japanese Yen may fall against its major peers, but there is room for a near-term climb that wouldn’t necessarily overturn a bearish technical bias. USD/JPY is eyeing support. Get your market update from @ddubrovskyFX here:https://t.co/AEnQCXnwAL https://t.co/tuq7DDF3jE
  • Protests in Colombia may continue to pressure the Peso, but surging commodity prices and a weaker Greenback could curb USD/COP gains. Get your market update here:https://t.co/vcVH75xuKI https://t.co/kEvbsagB4a
US Dollar Longs Soar, EUR/USD Shorts Exposed, CAD Bulls Remain - COT Report

US Dollar Longs Soar, EUR/USD Shorts Exposed, CAD Bulls Remain - COT Report

Justin McQueen, Analyst

COT Report – USD, GBP & EUR Analysis

The Predictive Power of the COT Report

How to Read the CFTC Report

Please add a description for the image.

Source: CFTC, DailyFX (Covers up to Feb 25th, released Feb 28th)

US Dollar Longs Soar, EUR/USD Shorts Exposed, CAD Bulls Remain - COT Report

In the most recent CFTC report, investors had piled into the US Dollar with net longs growing $6.6bln against G10 currencies. However, keep in mind that this data covers up to February 25th, therefore, given the subsequent price action in the greenback as the equity rout persisted, it is likely that much of these longs had been liquidated.

Speculators continued to sell the Euro with overall net shorts hitting its highest level since the back end of 2016 after a $3.1bln increase. Although, speculators are likely to have been caught wrong-footed following the Euro’s largest weekly gain since July 2017. This had come amid a sizeable unwind in Euro-funded carry trades (particularly against high yielding EM currencies), alongside a pullback in the US Dollar.

Canadian Dollar and Sterling bulls remain resilient with net longs picking up by $29mln and $511mln respectively. However, with the latter expected to come in the crossfire of tense negotiations between the UK and EU, which start today, we see that risks will continue to remain tilted to the downside.

Investors had been increasingly bearish on the Japanese Yen with net shorts doubling to $6.4bln after a $3.3bln increase. However, much like the Euro, sentiment for the Yen had dramatically improved with strength in the currency likely to have been exacerbated by the unwinding of short bets.

Please add a description for the image.

US Dollar

Please add a description for the image.

EUR/USD

Please add a description for the image.Please add a description for the image.

GBP/USD

Please add a description for the image.Please add a description for the image.

USD/JPY

Please add a description for the image.Please add a description for the image.

USD/CHF

Please add a description for the image.Please add a description for the image.

USD/CAD

Please add a description for the image.US Dollar Longs Soar, EUR/USD Shorts Exposed, CAD Bulls Remain - COT Report

AUD/USD

Please add a description for the image.Please add a description for the image.

NZD/USD

Please add a description for the image.Please add a description for the image.

For a more in-depth analysis on FX, check out the FX Forecast

--- Written by Justin McQueen, Market Analyst

Follow Justin on Twitter @JMcQueenFX

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

DISCLOSURES