FOREX Analysis: Yen Speculative Positioning Consistent with Reversal

Jamie Saettele, CMT
November 7, 2012

Latest CFTC Release dated October 30, 2012:

Week (Data for Tuesdays)

52 week Percentile / Comment (if applicable)

US Dollar

6

Euro

92

British Pound

88

Australian Dollar

61

Japanese Yen

14 – speculators short position is consistent with turns towards Yen strength since 2010

Canadian Dollar

86

Swiss Franc

98

Gold

80

Silver

92

Copper

55 – speculators flip to short

Crude

61

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 – Black

COTDiff – Black

Volume on bottom

US Dollar

Yen_Speculative_Positioning_Consistent_with_Reversal_body_usd.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal
View photos
Yen_Speculative_Positioning_Consistent_with_Reversal_body_usd.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal

Chart prepared by Jamie Saettele, CMT

Euro

Yen_Speculative_Positioning_Consistent_with_Reversal_body_eur.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal
View photos
Yen_Speculative_Positioning_Consistent_with_Reversal_body_eur.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal

Chart prepared by Jamie Saettele, CMT

British Pound

Yen_Speculative_Positioning_Consistent_with_Reversal_body_gbp.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal
View photos
Yen_Speculative_Positioning_Consistent_with_Reversal_body_gbp.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal

Chart prepared by Jamie Saettele, CMT

Australian Dollar

Yen_Speculative_Positioning_Consistent_with_Reversal_body_aud.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal
View photos
Yen_Speculative_Positioning_Consistent_with_Reversal_body_aud.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal

Chart prepared by Jamie Saettele, CMT

Japanese Yen

Yen_Speculative_Positioning_Consistent_with_Reversal_body_yen.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal
View photos
Yen_Speculative_Positioning_Consistent_with_Reversal_body_yen.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal

Chart prepared by Jamie Saettele, CMT

Canadian Dollar

Yen_Speculative_Positioning_Consistent_with_Reversal_body_cad.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal
View photos
Yen_Speculative_Positioning_Consistent_with_Reversal_body_cad.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal

Chart prepared by Jamie Saettele, CMT

Swiss Franc

Yen_Speculative_Positioning_Consistent_with_Reversal_body_chf.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal
View photos
Yen_Speculative_Positioning_Consistent_with_Reversal_body_chf.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal

Chart prepared by Jamie Saettele, CMT

Gold

Yen_Speculative_Positioning_Consistent_with_Reversal_body_gold.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal
View photos
Yen_Speculative_Positioning_Consistent_with_Reversal_body_gold.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal

Chart prepared by Jamie Saettele, CMT

Silver

Yen_Speculative_Positioning_Consistent_with_Reversal_body_silver.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal
View photos
Yen_Speculative_Positioning_Consistent_with_Reversal_body_silver.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal

Chart prepared by Jamie Saettele, CMT

Copper

Yen_Speculative_Positioning_Consistent_with_Reversal_body_copper.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal
View photos
Yen_Speculative_Positioning_Consistent_with_Reversal_body_copper.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal

Chart prepared by Jamie Saettele, CMT

Crude

Yen_Speculative_Positioning_Consistent_with_Reversal_body_crude.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal
View photos
Yen_Speculative_Positioning_Consistent_with_Reversal_body_crude.png, FOREX Analysis: Yen Speculative Positioning Consistent with Reversal

Chart prepared by Jamie Saettele, CMT

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