The Commitment of Traders net speculative positions report from the CFTC as of Tuesday 19 December 2017
- JPY -114k vs -114k prior
- EUR +86k vs +114k prior
- GBP +20k vs +11k prior
- AUD -13k vs +41k prior
- NZD -17k vs -13k prior
- CAD +46k vs +42k prior
- CHF -17k vs -29k prior
Lots going on last week as all the longs that added to the euro the prior week reversed. 20k longs went on to the 12th Dec and 27k came off this week. AUDUSD has gone into a complete reverse going from long to short.We’ve saying that with the pair trading around the 0.75/0.76 level, a lot of longs from the start of the build must be offside. Perhaps there’s some holiday squaring going on, who knows but that’s a 53k turnaround.
AUDUSD CFTC positioning we 19 12 2017
Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
Philosophy: “Don’t be a Dick for a tick”
Read how Ryan got into trading here
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Hey Ryan,
Season Greetings, turkey carving.
I posted on the other side, was thinking the EURJPY is getting over crowded, she isn’t showing much follow through even in thin liquidity.
If you were look at it as a bear, how would you imagine it play out?
Cheers m8
Hi Thrive
Happy Xmas to you too. Sorry for the late reply as I’ve been taking some time off.
I’m loathed to read much into these holiday markets as you never know whether the moves are real or exaggerated due to thinner liquidity. 135.00 looks to be the big line in the sand right now so that should be the yard stick. If I was shorting it I’d lean on that but with a fairly tight stop, and I’d be wary of too many quick returns to test the level.
Going into 2018, I’m looking for the yen to show signs of strengthening. I’ll have a post up about that soon.
Cheers Ryan, looking forward.
Looks like they just flush it.
Dont they go to any water hole these days? Come on! Last day 2017.