Crude Oil Speculators added to bullish positions for 5th straight week

By CountingPips.com

Weekly CFTC Net Speculator Report

Crude

CRUDE OIL: Large futures market traders and speculators slightly increased their overall bullish bets in crude oil futures for a fifth straight week and to the highest level since March 4th last week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday.

The non-commercial contracts of crude oil futures, primarily traded by large speculators and hedge funds, totaled a net position of +410,125 contracts in the data reported for April 22nd. This was a change of just +574 contracts for the week. The previous week had seen a total of +409,551 net contracts in the data through April 15th.

The total level of +410,125 bullish positions brings crude oil positions to the highest standing since March 4th when total net positions reached +425,818 contracts.

Over the weekly reporting time-frame, from Tuesday April 15th to Tuesday April 22nd, the crude oil price declined from $103.78 to $101.92 per barrel, according to Nymex futures price data from investing.com. Brent crude prices, meanwhile, edged up from $109.20 to $109.44 per barrel from Tuesday April 15th to Tuesday April 22nd, also according to prices from investing.com.

Last 6 Weeks of Large Trader Non-Commercial Positions

Date Open Interest Long Specs Short Specs Net Non-Commercials Weekly Change Oil Price
03/18/2014 1623266 492620 108335 384285 -22547 98.88
03/25/2014 1604566 498080 106906 391174 6889 99.19
04/01/2014 1644507 502389 110606 391783 609 99.61
04/08/2014 1655472 512035 112248 399787 8004 102.33
04/15/2014 1674276 523490 113939 409551 9764 103.78
04/22/2014 1619737 517023 106898 410125 574 101.92

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading 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.comForex Trading News

 

 

 

EURUSD Forex Trading Pivot Point Levels for 2014.04.24

2014.04.24 12:30 6:30AM ET | EURUSD Currency Pair

SC EURUSD 2014.04.24

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair today. Price action is currently trading at the 1.38228 price level and just over the daily pivot point, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.38417 while the low of day has reached to 1.38112. The pair earlier today opened the Asian trading session below the daily pivot and has trended slightly higher so far today.

Daily Pivot Point: 1.38230
— S1 – 1.37922
— S2 – 1.37688
— S3 – 1.37380
— R1 – 1.38464
— R2 – 1.38772
— R3 – 1.39006


Weekly Pivot Points: EURUSD

SC EURUSD 2014.04.24

Prices are currently trading just slightly above the weekly pivot point at time of writing. The EURUSD has been on an overall slightly bullish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 1.38189
— S1 – 1.37737
— S2 – 1.37439
— S3 – 1.36987
— R1 – 1.38487
— R2 – 1.38939
— R3 – 1.39237


By CountingPips.comForex Trading Apps & Currency Trade Tools

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.

 

 

 

USDCHF Forex Trading Pivot Point Levels for 2014.04.24

2014.04.24 12:30 6:30AM ET | USDCHF Currency Pair

SC USDCHF 2014.04.24

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair today. Price action is currently trading at the 0.88271 price level and under the daily pivot point, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.88345 while the low of day has reached to 0.88128. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower over the course of the day.

Daily Pivot Point: 0.88300
— S1 – 0.88081
— S2 – 0.87841
— S3 – 0.87622
— R1 – 0.88540
— R2 – 0.88759
— R3 – 0.88999


Weekly Pivot Points: USDCHF

SC USDCHF 2014.04.24

Prices are currently trading over the weekly pivot point at time of writing. The USDCHF has been on an overall sideways trend this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 0.88096
— S1 – 0.87838
— S2 – 0.87378
— S3 – 0.87120
— R1 – 0.88556
— R2 – 0.88814
— R3 – 0.89274


By CountingPips.com – Forex Trading Apps & Currency Trade Tools

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.

 

 

 

 

GBPUSD Forex Trading Pivot Point Levels for 2014.04.24

2014.04.24 12:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.04.24

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading at the 1.67925 price level and right at the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.68051 while the low of day has reached to 1.67728. The pair earlier today opened the Asian trading session below the daily pivot and has trended higher into the North American morning session.

Daily Pivot Point: 1.67920
— S1 – 1.67490
— S2 – 1.67181
— S3 – 1.66751
— R1 – 1.68229
— R2 – 1.68659
— R3 – 1.68968


Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.04.24

Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on an overall sideways trend this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 1.67577
— S1 – 1.66746
— S2 – 1.65717
— S3 – 1.64886
— R1 – 1.68606
— R2 – 1.69437
— R3 – 1.70466


By CountingPips.com – Forex Trading Apps & Currency Trade Tools

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.

 

 

 

 

 

EURUSD Forex Trading Pivot Point Levels for 2014.04.22

2014.04.22 12:30 6:30AM ET | EURUSD Currency Pair

SC EURUSD 2014.04.22

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair today. Price action is currently trading at the 1.38045 price level and over the daily pivot point, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.38100 while the low of day has reached to 1.37841. The pair earlier today opened the Asian trading session below the daily pivot and has trended higher so far today.

Daily Pivot Point: 1.38027
— S1 – 1.37756
— S2 – 1.37591
— S3 – 1.37320
— R1 – 1.38192
— R2 – 1.38463
— R3 – 1.38628


Weekly Pivot Points: EURUSD

SC EURUSD 2014.04.22

Prices are currently trading under the weekly pivot point at time of writing. The EURUSD has been on an overall bearish trend early in this week after opening the trading week slightly below the weekly pivot.

Weekly Pivot Point: 1.38189
— S1 – 1.37737
— S2 – 1.37439
— S3 – 1.36987
— R1 – 1.38487
— R2 – 1.38939
— R3 – 1.39237


By CountingPips.comForex Trading Apps & Currency Trade Tools

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.

 

 

 

GBPUSD Forex Trading Pivot Point Levels for 2014.04.22

2014.04.22 12:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.04.22

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading at the 1.68224 price level and over the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.68235 while the low of day has reached to 1.67849. The pair earlier today opened the Asian trading session below the daily pivot and has trended sharply higher to over the R1 resistance level currently.

Daily Pivot Point: 1.67935
— S1 – 1.67692
— S2 – 1.67489
— S3 – 1.67246
— R1 – 1.68138
— R2 – 1.68381
— R3 – 1.68584


Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.04.22

Prices are currently trading over the weekly pivot point at time of writing. The GBPUSD has been on an overall bullish trend ear;u this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 1.67577
— S1 – 1.66746
— S2 – 1.65717
— S3 – 1.64886
— R1 – 1.68606
— R2 – 1.69437
— R3 – 1.70466


By CountingPips.comForex Trading Apps & Currency Trade Tools

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.

 

 

 

USDCHF Forex Trading Pivot Point Levels for 2014.04.22

2014.04.22 12:30 6:30AM ET | USDCHF Currency Pair

SC USDCHF 2014.04.22

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair today. Price action is currently trading at the 0.88431 price level and over the daily pivot point, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.88556 while the low of day has reached to 0.88374. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower into the US trading session.

Daily Pivot Point: 0.88393
— S1 – 0.88271
— S2 – 0.88059
— S3 – 0.87937
— R1 – 0.88605
— R2 – 0.88727
— R3 – 0.88939


Weekly Pivot Points: USDCHF

SC USDCHF 2014.04.22

Prices are currently trading over the weekly pivot point at time of writing with prices finding resistance at the R1 resistance level. The USDCHF has been on an overall bullish trend so far this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 0.88096
— S1 – 0.87838
— S2 – 0.87378
— S3 – 0.87120
— R1 – 0.88556
— R2 – 0.88814
— R3 – 0.89274


By CountingPips.com – Forex Trading Apps & Currency Trade Tools

Disclaimer: Foreign Currency trading and trading on margin carries a high level of risk and volatility and can result in loss of part or all of your investment. All information and opinions contained do not constitute investment advice and accuracy of prices, charts, calculations cannot be guaranteed.

 

 

 

 

Forex COT Speculators raised bets in favor of Major Currencies against US Dollar last week

By CountingPips.com

cot-standings

The latest data for the weekly Commitments of Traders (COT) report, released by the Commodity Futures Trading Commission (CFTC) on Friday, showed that large traders and speculators increased their bets in favor of the other major currencies against the US dollar last week with the Australian dollar and British pound sterling continuing to show multi-week gains.

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, increased their bets in favor of the euro, British pound sterling, Japanese yen, Swiss franc, Australian dollar and the New Zealand dollar last week, according to the CFTC data through April 15th. Meanwhile, there was weekly declines for the Canadian dollar and the Mexican peso.

Notable changes: Yen rises, AUD & GBP continue to gain

  • Japanese yen positions saw the biggest change for the week as positions for the yen increased by +18,746 contracts and brought the yen’s overall net bearish positions to the lowest level in approximately a month (-68,716 contracts).
  • Euro positions rose after three straight weeks of declines as the increase in bullish contracts (+13,617) outpaced the increase in bearish contracts (+9,229) last week.
  • British pound sterling net bullish positions gained for a 5th consecutive week and rose to their highest level since February 15th 2011 when bullish positions equaled +52,572 contracts.
  • Australian dollar contracts improved for a sixth consecutive week and increased the Aussie net bullish position to +8,097 contracts after making the cross from net bearish contracts to net bullish contracts on April 8th.

 

* All currency positions are in direct relation to the US dollar where, for example, a bet for the euro is a bet that the euro will rise versus the dollar while a bet against the euro will be a bet that the dollar will gain versus the euro. Please see charts and data below.




Weekly Charts: Large Speculators Weekly Positions vs Currency Spot Price

EuroFX:

eurfx

Last Six Weeks data for EuroFX futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
03/11/2014 322020 110103 73718 36385 12933
03/18/2014 264443 117819 64828 52991 16606
03/25/2014 262179 106914 67280 39634 -13357
04/01/2014 260075 101849 68611 33238 -6396
04/08/2014 261439 92635 69335 23300 -9938
04/15/2014 270722 106252 78564 27688 4388



British Pound Sterling:

gbp

Last Six Weeks data for Pound Sterling futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
03/11/2014 250867 64553 42554 21999 -7606
03/18/2014 208961 64141 38605 25536 3537
03/25/2014 202115 66751 37027 29724 4188
04/01/2014 211437 75969 42397 33572 3848
04/08/2014 226667 91642 45165 46477 12905
04/15/2014 226688 87472 36874 50598 4121



Japanese Yen:

jpy

Last Six Weeks data for Yen Futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
03/11/2014 242170 15726 115082 -99356 -19647
03/18/2014 156922 24144 85243 -61099 38257
03/25/2014 158280 17600 86487 -68887 -7788
04/01/2014 188464 22162 110800 -88638 -19751
04/08/2014 181814 13340 100802 -87462 1176
04/15/2014 164843 14351 83067 -68716 18746



Swiss Franc:

chf

Last Six Weeks data for Franc futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
03/11/2014 66889 23097 14140 8957 6789
03/18/2014 49391 25311 10195 15116 6159
03/25/2014 47353 25037 10218 14819 -297
04/01/2014 47228 24800 10569 14231 -588
04/08/2014 44752 19275 7940 11335 -2896
04/15/2014 48976 23905 9839 14066 2731



Canadian Dollar:

cad

Last Six Weeks data for Canadian dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
03/11/2014 153639 25180 77371 -52191 8905
03/18/2014 186782 27751 97556 -69805 -17614
03/25/2014 133246 40441 73656 -33215 36590
04/01/2014 117966 27549 64543 -36994 -3779
04/08/2014 120336 28704 63011 -34307 2687
04/15/2014 119525 28288 63714 -35426 -1119



Australian Dollar:

aud

Last Six Weeks data for Australian dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
03/11/2014 122241 8627 49477 -40850 258
03/18/2014 81737 21577 46040 -24463 16387
03/25/2014 84232 24387 44914 -20527 3936
04/01/2014 93999 35398 40278 -4880 15647
04/08/2014 96887 37630 34320 3310 8190
04/15/2014 98933 40463 32366 8097 4787



New Zealand Dollar:

nzd

Last Six Weeks data for New Zealand dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
03/11/2014 31905 21155 6706 14449 1017
03/18/2014 31463 24645 8894 15751 1302
03/25/2014 32748 26243 8030 18213 2462
04/01/2014 32313 25765 7285 18480 267
04/08/2014 32898 26521 6755 19766 1286
04/15/2014 33100 26671 6824 19847 81



Mexican Peso:

mxn

Last Six Weeks data for Mexican Peso futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
03/11/2014 166949 12739 20986 -8247 12503
03/18/2014 111057 19320 20590 -1270 6977
03/25/2014 115858 22769 24423 -1654 -384
04/01/2014 145270 49893 28109 21784 23438
04/08/2014 130331 70371 13870 56501 34717
04/15/2014 131412 71038 16801 54237 -2264



*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading 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).

The Commitment of Traders report is published every Friday by the Commodity Futures Trading Commission (CFTC) and shows futures positions data that was reported as of the previous Tuesday (3 days behind).

Each currency contract is a quote for that currency directly against the U.S. dollar, a net short amount of contracts means that more speculators are betting that currency to fall against the dollar and a net long position expect that currency to rise versus the dollar.

(The graphs overlay the forex spot closing price of each Tuesday when COT trader positions are reported for each corresponding spot currency pair.)

See more information and explanation on the weekly COT report from the CFTC website.




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US 10-Year Treasury Note Speculators increased bearish positions to 2014 high

By CountingPips.com

Weekly CFTC Net Speculator Report




10-Yr

Large Speculators bearish positions increase to a total of -162,278 contracts

10 Year Treasuries: Large futures market traders added to their overall bearish bets in the 10-year treasury note futures last week for a 4th week and to the highest bearish level of 2014, 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 the 10-year treasury notes, primarily traded by large speculators and hedge funds, totaled a net position of -162,278 contracts in the data reported for April 15th. This was a change of -7,104 contracts from the previous week’s total of -155,174 net contracts that was recorded on April 8th.

The current level in the 10-year note futures contracts marks the highest bearish level since December 31st when net bearish positions totaled -173,674 contracts.

Over the weekly reporting time-frame, from Tuesday April 8th to Tuesday April 15th, the yield on the 10-Year treasury note declined from 2.69 to a yield of 2.64, according to data from the United States Treasury Department.


Last 6 Weeks of Large Trader Non-Commercial Positions

Date Open Interest Long Specs Short Specs Net Large Specs Weekly Change 10 Year Yield
03/11/2014 2412737 301102 419312 -118210 -16840 2.77
03/18/2014 2441194 360226 415240 -55014 63196 2.68
03/25/2014 2490662 333722 395487 -61765 -6751 2.75
04/01/2014 2503964 346901 415677 -68776 -7011 2.77
04/08/2014 2572114 327159 482333 -155174 -86398 2.69
04/15/2014 2497347 344056 506334 -162278 -7104 2.64



*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading 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).




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VIX Futures Market Speculators raised bearish positions for 4th week

By CountingPips.com

Weekly CFTC Net Speculator Report




vix


VIX Futures Contracts: Large traders and speculators continued to raise overall bearish bets in the VIX futures market last week for a fourth consecutive week, according to the latest data from the Commodity Futures Trading Commission (CFTC) released on Friday.

The VIX non-commercial futures contracts, comprising of large speculator and hedge fund positions, totaled a net bearish position of -35,946 contracts in the data reported for April 15th. This was a change of -4,200 contracts from the previous week’s total of -31,746 net contracts that was registered on April 8th.

Large speculators bearish positions are currently at a new highest level since February 11th when overall positions stood at a level of -41,108 contracts.

The VIX index, meanwhile, rose last week for a second straight week from a 14.89 reading on Tuesday April 8th to a 15.61 reading on Tuesday April 15th, according to the Chicago Board Options Exchange (CBOE) Volatility Index.



Last 6 Weeks of Large Trader Positions

Date Open Interest Long Specs Short Specs Net Non-Commercials Weekly Change VIX Score
03/11/2014 355040 114455 121309 -6854 13592 14.80
03/18/2014 336625 107861 108924 -1063 5791 14.52
03/25/2014 335826 109110 116314 -7204 -6141 14.02
04/01/2014 357046 114839 145412 -30573 -23369 13.10
04/08/2014 359952 105096 136842 -31746 -1173 14.89
04/15/2014 368887 96296 132242 -35946 -4200 15.61

*COT Report: The weekly commitment of traders report summarizes the total trader positions for open contracts in the futures trading 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.comForex Apps & Analysis