FOREX Analysis: Australian Speculative Traders at Record Long Position

Latest CFTC Release dated December 04, 2012:

***COT indicator is now available for Marketscope 2.0

Week (Data for Tuesdays)	52 week Percentile / Comment (if applicable)
US Dollar	22
Euro	100
British Pound	96
Australian Dollar	100-speculatives at a record long position
Japanese Yen	0 – positioning at most extreme level since 2007 Yen Low (USDJPY high)
Canadian Dollar	71
Swiss Franc	100-COT Index flips from short to long
Gold	69
Silver	98
Copper	75- COT Index flips from short to long
Crude	59

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 – White

Volume – Red Histogram

US Dollar

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_usd.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Euro

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_eur.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

British Pound

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_gbp.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Australian Dollar

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_aud.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Japanese Yen

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_jpy.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Canadian Dollar

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_cad.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Swiss Franc

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_chf.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Gold

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_gold.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Silver

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_silver.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Copper

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_copper.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

Crude

FOREX_Analysis_Australian_Speculative_Traders_at_Record_Long_Position_body_crude.png, FOREX Analysis: Australian Speculative Traders at Record Long Position

Chart prepared by Jamie Saettele, CMT

To contact Jamie e-mail jsaettele@dailyfx.com. Follow me on Twitter @JamieSaettele

Subscribe to Jamie Saettele's distribution list in order to receive actionable FX trading strategy delivered to your inbox once a day.

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.
Learn forex trading with a free practice account and trading charts from FXCM.