Month: January 2014

By CountingPips.com

Weekly CFTC Net Speculator Report

10 Year Treasuries: Large futures market traders slightly raised their overall bearish positions in the 10-year treasury note futures last 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 the 10-year treasury notes, traded by large speculators and hedge funds, totaled a net position of -58,391 contracts in the data reported for January 21st. This was a change of -7,601 contracts from the previous week’s total of -50,790 net contracts that was recorded on January 14th. The -50,790 contract level, on January 14th, had marked the lowest bearish standing since October 1st when the net contracts totaled -28,536.

Over the same reporting time-frame, from Tuesday January 14th to Tuesday January 21st, the yield on the 10-Year treasury note declined from 2.88 to a yield of 2.85, according to data from the United States Treasury Department.

Last 6 Weeks of Large Trader Non-Commercial Positions

*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.com – Forex Trading Apps

By CountingPips.com

Weekly CFTC Net Speculator Report

VIX Futures Contracts: Large traders and speculators cut back on their total net bearish positions in the VIX futures market last week after increasing bearish positions for the previous three weeks, according to the latest data from the Commodity Futures Trading Commission (CFTC) released on Friday. The VIX non-commercial contracts, traded by large speculators and hedge funds, totaled a net position of -64,306 contracts in the data reported for January 21st. This was a change of +7,190  contracts from the previous week’s total of -71,496 net contracts on January 14th. Speculators had previously raised bearish positions for three straight weeks to the most bearish level since December 10th.

The VIX index, also known as the fear index, rose from 12.28 on Tuesday January 14th to 12.87 on Tuesday January 21st, according to the Chicago Board Options Exchange (CBOE) Volatility Index.

Last 6 Weeks of Large Trader Positions

*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.com – Forex Apps & Analysis

2014.01.24 13:30 6:30AM ET | EURUSD Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair today. Price action is currently trading above the daily pivot point at the 1.37329 price level, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.37329 while the low of day has reached to 1.36619. The pair earlier today opened the Asian trading session above the daily pivot and has trended higher today with prices pushing through the 1.3700 barrier.

Daily Pivot Point: 1.36409
— S1 – 1.35843
— S2 – 1.34729
— S3 – 1.34163
— R1 – 1.37523
— R2 – 1.38089
— R3 – 1.39203

Weekly Pivot Points: EURUSD

Prices are currently trading over the weekly pivot point and above the R1 resistance line at time of writing. The EURUSD has been on an overall bullish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 1.35847
— S1 – 1.34708
— S2 – 1.34023
— S3 – 1.32884
— R1 – 1.36532
— R2 – 1.37671
— R3 – 1.38356

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.

2014.01.24 13:30 6:30AM ET | USDJPY Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading sharply below the daily pivot point at the 102.128 price level, according to data at 6:30 AM ET. The USDJPY high for the day has been 103.576 while the low of day has reached to the 102.103 level. The pair earlier today opened the Asian trading session slightly below the daily pivot and has trended lower and through the 103.00 major level.

Daily Pivot Point: 103.685
— S1 – 102.536
— S2 – 101.816
— S3 – 100.667
— R1 – 104.405
— R2 – 105.554
— R3 – 106.274

Weekly Pivot Points: USDJPY

Prices are currently trading under the weekly pivot point and below the S1 support area at time of writing. The USDJPY has been on a bearish trend this week after opening the trading week above the weekly pivot.

Weekly Pivot Point: 104.015
— S1 – 103.116
— S2 – 101.948
— S3 – 101.049
— R1 – 105.183
— R2 – 106.082
— R3 – 107.250

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.

2014.01.24 13:30 6:30AM ET | GBPUSD Currency Pair

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 1.65975 price level and has fallen under the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.66671 while the low of day has reached to 1.65969. The pair earlier today opened the Asian trading session above the daily pivot and has trended lower as the day has progressed.

Daily Pivot Point: 1.66114
— S1 – 1.65803
— S2 – 1.65247
— S3 – 1.64936
— R1 – 1.66670
— R2 – 1.66981
— R3 – 1.67537

Weekly Pivot Points: GBPUSD

Prices are currently trading  sharply over the weekly pivot point and just under the R2 resistance level at time of writing. The GBPUSD has been on a strong bullish trend this week after opening the trading week virtually on top of  the weekly pivot.

Weekly Pivot Point: 1.64123
— S1 – 1.63177
— S2 – 1.62135
— S3 – 1.61189
— R1 – 1.65165
— R2 – 1.66111
— R3 – 1.67153

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.

2014.01.24 13:30 6:30AM ET | USDCHF Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDCHF currency pair today. Price action is currently trading under the daily pivot point at the 0.89046 price level, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.89906 while the low of day reached to 0.89032. The pair earlier today opened the Asian trading session below the daily pivot and has continued to trend sharply lower for a second day in a row and leaving the major 0.9000 level behind.

Daily Pivot Point: 0.90227
— S1 – 0.89123
— S2 – 0.88524
— S3 – 0.87420
— R1 – 0.90826
— R2 – 0.91930
— R3 – 0.92529

Weekly Pivot Points: USDCHF

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

Weekly Pivot Point: 0.90661
— S1 – 0.90130
— S2 – 0.89322
— S3 – 0.88791
— R1 – 0.91469
— R2 – 0.92000
— R3 – 0.92808

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.

French Finance Minister Pierre Moscovici spoke to the WSJ’s Stephen Fidler at The World Economic Forum in Davos, Switzerland, about France’s reform plans, and why it must compare itself to Germany. Photo: Getty Images

Sometimes, it’s nice to have a shiny new car sitting in your garage, knowing that you own it. At others, it’s preferable to pay a modest amount for it each month knowing that, in two or three years, it will be taken away and is no longer your problem. The latter is what we know as leasing, and it’s one part of a ‘creative financing’ route that Tesla CEO Elon Musk believes people will increasingly turn to in future–as the most consumer-friendly option currently available.

2014.01.23 13:30 6:30AM ET | EURUSD Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair today. Price action is currently trading sharply over the daily pivot point at the 1.36360 price level, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.36460 while the low of day has reached to 1.35296. The pair earlier today opened the Asian trading session below the daily pivot and has trended sharply higher as better than expected manufacturing PMI data was released from the Eurozone.

French, German and the overall Eurozone all had better than expected purchasing manager’s index manufacturing data today and has boosted the euro in trading against the dollar this morning. Prices are currently trading above the R3 resistance level and over the 1.3600 threshold.

Daily Pivot Point: 1.35544
— S1 – 1.35260
— S2 – 1.35055
— S3 – 1.34771
— R1 – 1.35749
— R2 – 1.36033
— R3 – 1.36238

Weekly Pivot Points: EURUSD

Prices are currently trading over the weekly pivot point at time of writing. The EURUSD is now on an overall bullish trend this week after opening the trading week below the weekly pivot.

Weekly Pivot Point: 1.35847
— S1 – 1.34708
— S2 – 1.34023
— S3 – 1.32884
— R1 – 1.36532
— R2 – 1.37671
— R3 – 1.38356

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.

2014.01.23 13:30 6:30AM ET | USDJPY Currency Pair

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading at the 104.294 price level and under the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 104.834 while the low of day has reached to 104.199. The pair earlier today opened the Asian trading session higher than the daily pivot and has trended lower over the course of the day with action being found at the main pivot currently.

Daily Pivot Point: 104.345
— S1 – 104.122
— S2 – 103.740
— S3 – 103.517
— R1 – 104.727
— R2 – 104.950
— R3 – 105.332

Weekly Pivot Points: USDJPY

Prices are currently trading over the weekly pivot point at time of writing. The USDJPY has been on a modest bullish trend this week after opening the trading week slightly above the weekly pivot.

Weekly Pivot Point: 104.015
— S1 – 103.116
— S2 – 101.948
— S3 – 101.049
— R1 – 105.183
— R2 – 106.082
— R3 – 107.250

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.