InvestMacro

By CountingPips.com – Receive our weekly COT Reports by Email

10-Year Note Non-Commercial Speculator Positions:

Large speculators sharply pushed bullish net positions in the 10-Year Note futures markets higher this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of 10-Year Note futures, traded by large speculators and hedge funds, totaled a net position of 345,172 contracts in the data reported through Tuesday June 20th. This was a weekly advance of 71,203 contracts from the previous week which had a total of 273,969 net contracts.

Speculative 10-year note positions have rebounded strongly in the past two weeks and by over at total of +130,000 contracts after falling sharply on May 30th (-104,336 contracts) and June 6th (-46,099 contracts). Overall spec positions are now at the highest level in a month and back over the +300,000 contract mark for the second time in five weeks.

10-Year Note Commercial Positions:

The commercial traders position, categorized by the CFTC as hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -200,875 contracts on the week. This was a weekly drop of -84,582 contracts from the total net of -116,293 contracts reported the previous week.

IEF ETF:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the 7-10 Year Treasury Bond ETF (IEF) closed at approximately $107.68 which was a boost of $0.40 from the previous close of $107.28, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article by CountingPips.com – Weekly COT Report

By CountingPips.com – Receive our weekly COT Reports by Email

Silver Non-Commercial Speculator Positions:

Large speculators cut back on their net positions in the Silver futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of Silver futures, traded by large speculators and hedge funds, totaled a net position of 46,681 contracts in the data reported through Tuesday June 20th. This was a weekly lowering of -13,977 contracts from the previous week which had a total of 60,658 net contracts.

Silver speculative positions have now fallen for two straight weeks and to the lowest level in five weeks.

Silver Commercial Positions:

The commercial traders position, categorized by the CFTC as hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -58,834 contracts on the week. This was a weekly increase of 13,079 contracts from the total net of -71,913 contracts reported the previous week.

SLV ETF:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the SLV ishares ETF, which tracks the price of silver, closed at approximately $15.59 which was a decrease of $-0.36 from the previous close of $15.95, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article by CountingPips.com – Weekly COT Report

By CountingPips.com – Receive our weekly COT Reports by Email

S&P500 Non-Commercial Speculator Positions:

Large speculators boosted their net positions in the S&P500 futures markets this week and turned their overall positions back into a bullish net standing, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial futures contracts of S&P500 futures, traded by large speculators and hedge funds, totaled a net position of 1,746 contracts in the data reported through Tuesday June 20th. This was a weekly increase of 7,212 contracts from the previous week which had a total of -5,466 net contracts.

The large SP500 speculators have raised their bets for three straight weeks and have now brought the net position into bullish territory for the first time since April 25th (a span of seven weeks in bearish territory).

S&P500 Commercial Positions:

The commercial traders position, categorized by the CFTC as hedgers or traders engaged in buying and selling for business purposes, totaled a net position of -8,380 contracts on the week. This was a weekly loss of -8,639 contracts from the total net of 259 contracts reported the previous week.

SPY ETF:

Over the same weekly reporting time-frame, from Tuesday to Tuesday, the SPY ETF, which tracks the price of S&P500 Index, closed at approximately $243.01 which was a fall of $-0.35 from the previous close of $243.36, according to unofficial market data.

*COT Report: The COT data, released weekly to the public each Friday, is updated through the most recent Tuesday (data is 3 days old) and shows a quick view of how large speculators or non-commercials (for-profit traders) as well as the commercial traders (hedgers & traders for business purposes) were positioned in the futures markets. The CFTC categorizes trader positions according to commercial hedgers (traders who use futures contracts for hedging as part of the business), non-commercials (large traders who speculate to realize trading profits) and nonreportable traders (usually small traders/speculators). Find CFTC criteria here: (http://www.cftc.gov/MarketReports/CommitmentsofTraders/ExplanatoryNotes/index.htm).

Article by CountingPips.com – Weekly COT Report

Article By RoboForex.com

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen ran into one another below Kumo Cloud, they may intersect and form “Golden Cross” (1). Ichimoku Cloud is closed (2), Chinkou Lagging Span is close to the chart, and the price is near the cloud’s downside border. Short-term forecast: we can expect resistance from Senkou Span A and support from D Senkou Span B.

GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected near Kumo’s upside border and formed “Golden Cross” (1). Ichimoku Cloud is going up (2), Chinkou Lagging Span is above the chart, and the price is above the lines. Short-term forecast: we can expect support from Tenkan-Sen, and growth of the price.

XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are intersecting below Kumo Cloud and forming “Golden Cross” (1); Tenkan-Sen is directed to the upside. Ichimoku Cloud is still moving downwards (2), Chinkou Lagging Span is on the chart, and the price is on D Tenkan-Sen. Short‑term forecast: we can expect resistance from Senkou Span A, support from Tenkan-Sen, and attempts of the price to fix inside the cloud.

RoboForex Analytical Department

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

By Gabriel Ojimadu, Alpari

Article By RoboForex.com

EUR USD, “Euro vs US Dollar”

The EUR/USD pair is still consolidating and right now is forming the ascending structure to reach 1.1180. Later, in our opinion, the market may fall towards the downside border of the range. After breaking it, the price may reach 1.1065 and then start another correction with the target at 1.1190.

GBP USD, “Great Britain Pound vs US Dollar”

The GBP/USD pair is still forming the fifth descending wave with the target at 1.2567 and right now is consolidating below 1.2719. The main scenario implies that the price may and then continue falling inside the downtrend to reach the above-mentioned target. After that, the instrument may be corrected towards 1.2808.

USD CHF, “US Dollar vs Swiss Franc”

The USD/CHF pair has completed the descending structure towards the downside border of the range, but is still consolidating around 0.9724. The main scenario implies that the price may continue growing to reach 0.9785. Later, in our opinion, the market may fall towards 0.9744 and then move upwards with the local target at 0.9850.

USD JPY, “US Dollar vs Japanese Yen”

The USD/JPY pair is falling to reach 110.78. And that’s just a half of the wave. The local target at 109.89. this decline may be considered as the start of the fifth wave towards 106.50.

AUD USD, “Australian Dollar vs US Dollar”

Being under pressure, the AUD/USD pair is moving upwards. Possibly, the price may test 0.7566 from below and then fall towards the local target at 0.7508. Later, in our opinion, the market may grow to reach 0.7566 and then start another decline with the target at 0.7500.

USD RUB, “US Dollar vs Russian Ruble”

The USD/RUB pair has formed the consolidation range above 59.60. We think, today the price may break it downwards and reach 58.96. After that, the instrument may grow towards 59.60.

XAU USD, “Gold vs US Dollar”

Gold is forming another ascending structure to reach 1255.68. Later, in our opinion, the market may fall towards the local target at 1237.31.

BRENT

Brent is forming the ascending impulse towards 46.11. After that, the instrument may fall to reach 45.60, thus forming another consolidation range. The main scenario implies that the price may break this range upwards. the first upside target is at 48.85.

RoboForex Analytical Department

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Article By RoboForex.com

EUR USD, “Euro vs. US Dollar”

At the H4 chart of EUR USD, bullish Harami pattern indicated an ascending movement. The Window in the middle provided support. Three Line Break chart shows a bearish direction; Heiken Ashi candlesticks confirm the ascending movement.

At the H1 chart of EUR USD, bearish Harami pattern indicates a descending correction. The downside Window provided support. Three Line Break chart and Heiken Ashi candlesticks confirm a bearish direction.

USD JPY, “US Dollar vs. Japanese Yen”

At the H4 chart of USD JPY, bullish High Wave pattern indicates an ascending movement. The upside Window is a resistance level. Three Line Break chart and Heiken Ashi candlesticks confirm a bullish direction.

RoboForex Analytical Department

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

Article By RoboForex.com

GBP USD, “Great Britain Pound vs US Dollar”

GBP USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Dead Cross” (1). Ichimoku Cloud is heading down (2), Chinkou Lagging Span is below the chart, and the price is between Tenkan-Sen and Kijun-Sen. Short-term forecast: we can expect resistance from D Senkou Span B, and decline of the price.

GBP USD, Time Frame H1. Indicator signals: Tenkan-Sen and Kijun-Sen intersected below Kumo Cloud and formed “Golden Cross” (1), but right now they are getting closer again. Ichimoku Cloud is going up (2), Chinkou Lagging Span is very close to the chart, and the price is inside Kumo. Short-term forecast: we can expect resistance from Tenkan-Sen and support from the cloud’s downside border.

XAU USD, “Gold vs US Dollar”

XAU USD, Time Frame H4. Indicator signals: Tenkan-Sen and Kijun-Sen are close to each other, they may intersect and form “Golden Cross” (1). Ichimoku Cloud is still moving downwards (2), Chinkou Lagging Span is on the chart, and the price is on Kijun-Sen. Short‑term forecast: we can expect support from D Senkou Span A and resistance from the cloud’s downside border.

RoboForex Analytical Department

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.

By Gabriel Ojimadu, Alpari

Article By RoboForex.com

EUR USD, “Euro vs US Dollar”

It looks like after completing the diagonal triangle in the wave [5] of c, the EUR/USD pair finished the wave [a] or [w]. Possibly, the wave (i) is taking the form of the wedge. To confirm a new decline, the market has to complete the above mentioned pattern.

More detailed structure is shown on the H1 chart. It’s highly likely that the pair finished the third wave in the wave (i) and right now is being corrected. Later, the price may form the bearish wave v of (i).

GBP USD, “Great Britain Pound vs US Dollar”

It’s highly likely that after completing the zigzag in the wave (4), the GBP/USD pair started falling in the wave (5). As a result, after finishing the correction, the price may continue moving downwards in the wave [iii] of 3 of (5).

As we can see at the H1 chart, after completing the diagonal triangle in the wave [c] of 2 several days ago and then the impulse in the wave [i] of 3, yesterday the pair finished the wave [ii] of 3. Later, after finishing the correction, the market may resume moving downwards in the wave (iii).

USD JPY, “US Dollar vs Japanese Yen”

It’s highly likely that after finishing the ascending impulse in the wave (i), the USD/JPY pair completed the wave (ii) at the end of the last week. Consequently, in the future the market may continue growing in the wave (iii).

At the H1 chart, the price completed the ascending in the wave [1] and then started a new correction. The pair may yet continue forming the wave [2], which may later be followed by a new growth.

AUD USD, “Australian Dollar vs US Dollar”

Probably, the AUD/USD pair completed the wave (y) and the entire double zigzag[ii]. To confirm a new decline, the price has to form the bearish impulse in the wave (i) of [iii].

At the H1 chart, the pair finished the impulse in the wave c of (y) and right now is falling in the wave (i), which may continue during the next several days.

RoboForex Analytical Department

Article By RoboForex.com

Attention!
Forecasts presented in this section only reflect the author’s private opinion and should not be considered as guidance for trading. RoboForex LP bears no responsibility for trading results based on trading recommendations described in these analytical reviews.