Weekly COT Report: USD Longs Pared Back

C.F.T.C COT Data

  • USD aggregated net long positions decreases 13% to 32.9Bln
  • EUR net spec shorts decreases 20% to 12.8Bln
  • JPY short positioning decreases 14% to 9.1Bln
  • AUD net shorts decreases 2.2% to 3.7Bln

EURUSD Outlook – Bullish

  • Momentum at highs
  • Strength ticks higher, though still negative
  • Index ticks into highs
  • Order Flow Trader bullish

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GBPUSD Outlook – Bullish

  • Momentum ticks higher
  • Strength ticks higher, close to crossing positive
  • Index ticks into highs
  • Order Flow Trader bullish

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USDJPY Outlook – Bullish

  • Momentum just off highs
  • Strength just off highs
  • Index ticks lower from highs
  • Order Flow Trader bearish

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USDCHF Outlook – Bullish

  • Momentum at highs
  • Strength at highs
  • Index at highs
  • Order Flow Trader bearish

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AUDUSD Outlook – Bearish

  • Momentum moving lower
  • Strength moving lower
  • Index moving lower
  • Order Flow Trader bearish

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USDCAD Outlook – Bullish

  • Momentum even
  • Strength tick into highs
  • Index at highs
  • Order Flow Trader bearish

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