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

Jamie Saettele, CMT

Tue, Jan 22, 2013, 12:22 PM

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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