GBPUSD Forex Trading Pivot Point Levels for 2014.04.09

2014.04.09 12:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.04.09

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 1.67321 price level and over the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.67519 while the low of day has been reached at 1.67229. The pair earlier today opened the Asian trading session well above the daily pivot and has trended lower today with resistance being found at the 1.6750 level.

Daily Pivot Point: 1.67005
— S1 – 1.66477
— S2 – 1.65496
— S3 – 1.64968
— R1 – 1.67986
— R2 – 1.68514
— R3 – 1.69495


Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.04.09

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

Weekly Pivot Point: 1.65997
— S1 – 1.65166
— S2 – 1.64650
— S3 – 1.63819
— R1 – 1.66513
— R2 – 1.67344
— R3 – 1.67860


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 2014.04.09

2014.04.09 12:30 6:30AM ET | USDCHF Currency Pair

SC USDCHF 2014.04.09

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 0.88425 price level, according to data at 6:30 AM ET. The USDCHF high for the day has been 0.88450 while the low of day has reached to 0.88265. The pair earlier today opened the Asian trading session below the daily pivot and has trended slightly higher today with resistance being seen at the pivot point.

Daily Pivot Point: 0.88449
— S1 – 0.88113
— S2 – 0.87914
— S3 – 0.87578
— R1 – 0.88648
— R2 – 0.88984
— R3 – 0.89183


Weekly Pivot Points: USDCHF

SC USDCHF 2014.04.09

Prices are currently trading under the weekly pivot point and just above the S1 support level 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: 0.88932
— S1 – 0.88347
— S2 – 0.87549
— S3 – 0.86964
— R1 – 0.89730
— R2 – 0.90315
— R3 – 0.91113


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.

 

 

Gold Speculators pared bullish positions for a second straight week as Gold falls below $1,300.00

By CountingPips.com

Weekly CFTC Net Speculator Report

GOLD: Large futures market traders decreased their overall bullish bets in gold futures last week for a second consecutive week after bullish bets peaked on March 18th, 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 Comex gold futures, traded by large speculators and hedge funds, totaled a net position of 100,145 contracts in the data reported through April 1st. This was a change of -17,172 contracts from the previous week’s total of 117,317 net contracts on March 25th.

Gold large speculator net positions have now declined for two consecutive weeks after reaching a 13-month high level on March 18th with a total bullish position of 136,814 contracts.

Over the weekly reporting time-frame, from Tuesday March 25th to Tuesday April 1st, the gold price fell from approximately $1,311.00 to $1,279.60 per ounce, according to gold futures price data from the MarketWatch.

Last 6 Weeks of Large Trader Non-Commercial Positions

Date Open Interest Long Specs Short Specs Net Non-Commercials Weekly Change Gold Spot Price
02/25/2014 387503 169870 60406 109464 24833 1342.70
03/04/2014 393266 171404 56238 115166 5702 1337.90
03/11/2014 415340 170482 51592 118890 3724 1346.70
03/18/2014 420626 183324 46510 136814 17924 1359.00
03/25/2014 398264 169083 51766 117317 -19497 1311.00
04/01/2014 363451 158152 58007 100145 -17172 1279.60

*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 Apps

 

 

Crude Oil Speculators bullish positions edged up last week in latest COT data

By CountingPips.com

Weekly CFTC Net Speculator Report

CRUDE OIL: Large futures market traders edged up their overall bullish bets in crude oil futures last week for a second straight 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 crude oil futures, primarily traded by large speculators and hedge funds, totaled a net position of 391,783 contracts in the data reported for April 1st. This was a change of just +609 contracts for the week. The previous week had registered a total of 391,174 net contracts in the data through March 25th.

Over the weekly reporting time-frame, from Tuesday March 25th to Tuesday April 1st, the crude oil price modestly increased from $99.19 to $99.61 per barrel, according to Nymex futures crude oil price data from investing.com. Brent crude prices declined from $106.92 to $105.26 per barrel from Tuesday March 25th to Tuesday April 1st, 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
02/25/2014 1643886 514502 98064 416438 -3 101.83
03/04/2014 1687807 521727 95909 425818 9380 103.33
03/11/2014 1697240 511076 104244 406832 -18986 100.03
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

*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 Apps

 

 

 

Large Currency Speculators raised US Dollar bullish positions for 1st time in 8 weeks

By CountingPips.com

cot-values

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 raised their overall US dollar bullish bets last week for the first time in eight weeks.

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, had an overall US dollar long position totaling $3.26 billion as of Tuesday April 1st, according to the latest data from the CFTC and calculations by Reuters. This was a weekly change of +$2.02 billion from the $1.24 billion total bullish position that was registered on March 25th, according to Reuters that totals the US dollar contracts against the combined contracts of the euro, British pound, Japanese yen, Australian dollar, Canadian dollar and the Swiss franc.

cot-standings

Individual Currencies – Large Speculator Weekly changes:

The non-commercial net positions for each of the individual currencies directly against the US dollar showed weekly gains for the British pound sterling, Australian dollar, New Zealand dollar and the Mexican peso while there were weekly declines for the euro, Japanese yen, Swiss franc and the Canadian dollar. See charts & data below.

Notable changes:

Euro large speculator positions fell last week for a second straight week to a net total of +33,238 contracts after rising to approximately a 5-month high of +52,991 contracts on March 18th. The data showed that long euro positions fell by -5,065 contracts while short positions rose by +1,331 contracts for a net change of -6,396 for euro contracts on the week.

Large moves for the week were registered in the Japanese yen positions which saw a weekly increase in bearish positions (-19,751) while there were notable weekly increases for the Australian dollar positions (+15,647) and the Mexican peso positions (+23,438).

* 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.




Charts: Large Speculators Weekly Positions vs Currency Spot Price

EuroFX:

eur

Last Six Weeks data for EuroFX futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/25/2014 296924 93003 79103 13900 5301
03/04/2014 304308 103868 80416 23452 9552
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



British Pound Sterling:

gbp

Last Six Weeks data for Pound Sterling futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/25/2014 257037 74558 45756 28802 6479
03/04/2014 254013 71021 41416 29605 803
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



Japanese Yen:

jpy

Last Six Weeks data for Yen Futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/25/2014 203743 14727 99817 -85090 -5306
03/04/2014 205886 20407 100116 -79709 5381
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



Swiss Franc:

chf

Last Six Weeks data for Franc futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/25/2014 55157 19396 19038 358 3186
03/04/2014 60532 21818 19650 2168 1810
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



Canadian Dollar:

cad

Last Six Weeks data for Canadian dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/25/2014 141519 24865 83456 -58591 6409
03/04/2014 147033 23306 84402 -61096 -2505
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



Australian Dollar:

aud

Last Six Weeks data for Australian dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/25/2014 98643 10299 49290 -38991 5407
03/04/2014 105792 12262 53370 -41108 -2117
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



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
02/25/2014 22142 16529 5547 10982 2076
03/04/2014 25616 19346 5914 13432 2450
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



Mexican Peso:

mxn

Last Six Weeks data for Mexican Peso futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
02/25/2014 128542 9971 31540 -21569 1743
03/04/2014 126885 8230 28980 -20750 819
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



*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.




Article by CountingPips.comForex Apps & News

US 10-Year Treasury Note Speculators increased bearish positions last week for 2nd straight week

By CountingPips.com

Weekly CFTC Net Speculator Report




10year

Large Speculators bearish positions increase to a total of -68,776 contracts

10 Year Treasuries: Large futures market traders raised their overall bearish bets in the 10-year treasury note futures last week for a second consecutive week and to their highest level in the past three weeks, 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 -68,776 contracts in the data reported for April 1st. This was a change of -7,011 contracts from the previous week’s total of -61,765 net contracts that was recorded on March 25th.

Over the weekly reporting time-frame, from Tuesday March 25th to Tuesday April 1st, the yield on the 10-Year treasury note rose for a second straight week and from 2.75 to a yield of 2.77, 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
02/25/2014 2513746 333437 346404 -12967 44177 2.7
03/04/2014 2407282 312136 413506 -101370 -88403 2.7
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



*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 Apps

 

 

 

USDJPY Forex Trading Pivot Point Levels for 2014.04.03

2014.04.03 12:30 6:30AM ET | USDJPY Currency Pair

SC USDJPY 2014.04.03

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading over the daily pivot point at the 103.955 price level, according to data at 6:30 AM ET. The USDJPY high for the day has been 104.062 while the low of day has declined to 103.802. The pair earlier today opened the Asian trading session slightly above the daily pivot and has trended modestly higher over the course of the day with resistance being seen at the R1 resistance area around 104.00 major level.

Daily Pivot Point: 103.789
— S1 – 103.653
— S2 – 103.440
— S3 – 103.304
— R1 – 104.002
— R2 – 104.138
— R3 – 104.351


Weekly Pivot Points: USDJPY

SC USDJPY 2014.04.03

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

Weekly Pivot Point: 102.497
— S1 – 102.026
— S2 – 101.240
— S3 – 100.769
— R1 – 103.283
— R2 – 103.754
— R3 – 104.540

 


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 2014.04.03

2014.04.03 12:30 6:30AM ET | EURUSD Currency Pair

SC EURUSD 2014.04.03

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the EURUSD currency pair today. Price action is currently trading under the daily pivot point at the 1.37648 price level, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.37712 while the low of day has fallen to 1.37540. The pair earlier today opened the Asian trading session below the daily pivot and has trended sideways so far into the US morning session.

Daily Pivot Point: 1.37793
— S1 – 1.37389
— S2 – 1.37120
— S3 – 1.36716
— R1 – 1.38062
— R2 – 1.38466
— R3 – 1.38735


Weekly Pivot Points: EURUSD

SC EURUSD 2014.04.03

Prices are currently trading under the weekly pivot point at time of writing. The EURUSD has been on an overall sideways trend this week after opening the trading week below the weekly pivot and finding resistance at the monthly pivot point at 1.3813 (MP).

Weekly Pivot Point: 1.37766
— S1 – 1.36780
— S2 – 1.36054
— S3 – 1.35068
— R1 – 1.38492
— R2 – 1.39478
— R3 – 1.40204

 


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.

 

 

 

Crude Oil Speculators increased bullish positions after 2 down weeks in COT data

By CountingPips.com

Weekly CFTC Net Speculator Report

CRUDE OIL: Large futures market traders added to their overall bullish bets in crude oil futures last week following two straight weeks of decline, 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 crude oil futures, primarily traded by large speculators and hedge funds, totaled a net position of 391,174 contracts in the data reported for March 25th. This was a change of +6,889 contracts from the previous week’s total of 384,285 net contracts that was recorded on March 18th.

Net large speculator positions on March 4th had reached their highest level in at least a year with a total bullish net position of 425,818 contracts before retreating the next few weeks.

Over the weekly reporting time-frame, from Tuesday March 18th to Tuesday March 25th, the crude oil price rose slightly from approximately $98.88 to $99.19 per ounce, according to Nymex crude oil price data from the MarketWatch.

Last 6 Weeks of Large Trader Non-Commercial Positions

Date Open Interest Long Specs Short Specs Net Non-Commercials Weekly Change Oil Price
02/18/2014 1650294 512044 95603 416441 34107 102.1
02/25/2014 1643886 514502 98064 416438 -3 101.83
4/3/2014 1687807 521727 95909 425818 9380 103.33
11/3/2014 1697240 511076 104244 406832 -18986 100.03
03/18/2014 1623266 492620 108335 384285 -22547 98.88
03/25/2014 1604566 498080 106906 391174 6889 99.19

 

*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 Apps