USDJPY Forex Trading Pivot Point Levels: Pair remains below 102

2014.05.15 12:30 6:30AM ET | USDJPY Currency Pair

SC USDJPY 2014.05.15

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 101.894 price level and below the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.108 while the low of day has reached to 101.653. The pair earlier today opened the Asian trading session below the daily pivot and has trended slightly higher overall so far today.

Daily Pivot Point: 101.953
— S1 – 101.634
— S2 – 101.391
— S3 – 101.072
— R1 – 102.196
— R2 – 102.515
— R3 – 102.758


Weekly Pivot Points: USDJPY

SC USDJPY 2014.05.15

Prices are currently trading just over the weekly pivot point at time of writing. The USDJPY has been on an overall sideways trading path this week after opening the trading week virtually at the weekly pivot.

Weekly Pivot Point: 101.842
— S1 – 101.430
— S2 – 101.011
— S3 – 100.599
— R1 – 102.261
— R2 – 102.673
— R3 – 103.092


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: Pair touches below 1.3750

2014.05.13 12:30 6:30AM ET | EURUSD Currency Pair

SC EURUSD 2014.05.13

Here are the current 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 1.37510 price level, according to data at 6:30 AM ET. The EURUSD high for the day has been 1.37708 while the low of day has reached to 1.37390. The pair earlier today opened the Asian trading session a touch below the daily pivot and trended mostly sideways before dropping to the lows of the day below 1.3740 today.

Daily Pivot Point: 1.37597
— S1 – 1.37453
— S2 – 1.37345
— S3 – 1.37201
— R1 – 1.37705
— R2 – 1.37849
— R3 – 1.37957


Weekly Pivot Points: EURUSD

SC EURUSD 2014.05.13

On the weekly pivots, 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.

Weekly Pivot Point: 1.38313
— S1 – 1.36695
— S2 – 1.35829
— S3 – 1.34211
— R1 – 1.39179
— R2 – 1.40797
— R3 – 1.41663


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: Cable dips to 1.6850

2014.05.13 12:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.05.13

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 1.68560 price level and under the daily pivot point, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.68823 while the low of day has reached to 1.68402. The pair earlier today opened the Asian trading session slightly below the daily pivot and has trended modestly lower over the day.

Daily Pivot Point: 1.68700
— S1 – 1.68377
— S2 – 1.68091
— S3 – 1.67768
— R1 – 1.68986
— R2 – 1.69309
— R3 – 1.69595


Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.05.13

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

Weekly Pivot Point: 1.68905
— S1 – 1.67858
— S2 – 1.67263
— S3 – 1.66216
— R1 – 1.69500
— R2 – 1.70547
— R3 – 1.71142


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.

 

 

 

 

USDJPY Forex Trading Pivot Point Levels: Pair advances above 102

2014.05.13 12:30 6:30AM ET | USDJPY Currency Pair

SC USDJPY 2014.05.13

Here are the current Pivot Points Levels with Support (S) and Resistance (R) for the USDJPY currency pair today. Price action is currently trading at the 102.264 price level and over the daily pivot point, according to data at 6:30 AM ET. The USDJPY high for the day has been 102.357 while the low of day has been reached at 102.105. The pair earlier today opened the Asian trading session above the daily pivot and has trended higher to above the R1 resistance level into the North American morning session.

Daily Pivot Point: 102.023
— S1 – 101.873
— S2 – 101.641
— S3 – 101.491
— R1 – 102.255
— R2 – 102.405
— R3 – 102.637


Weekly Pivot Points: USDJPY

SC USDJPY 2014.05.13

On the weekly pivots, prices are currently trading over the weekly pivot point and right at the weekly R1 resistance level at time of writing. The USDJPY has been on an overall bullish trend early this week after opening the trading week slightly above the weekly pivot.

Weekly Pivot Point: 101.842
— S1 – 101.430
— S2 – 101.011
— S3 – 100.599
— R1 – 102.261
— R2 – 102.673
— R3 – 103.092


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.

 

 

 

 

Currency Speculators added to Dollar short bets, USD marks new 2014 low level

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 added to their bearish bets of the US dollar last week and brought the overall USD position to the lowest level of the year.

Non-commercial large futures traders, including hedge funds and large International Monetary Market speculators, had an overall US dollar short position totaling -$2.03 billion as of Tuesday May 6th, according to the latest data from the CFTC and calculations by Reuters. This was a weekly change of -$1.344 billion from the -$0.686 billion total short position that was registered on April 29th, 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.

The USD position has now been on the bearish side for the past four weeks after having crossed over into bearish territory on April 15th. The current level is the most bearish level in the dollar since October 29th 2013 when the bearish position equaled -$3.15 billion.

For the week, speculators increased their bets in favor the euro, Japanese yen and the New Zealand dollar while there were weekly declines for the Canadian dollar, British pound sterling, Swiss franc, Australian dollar and the Mexican peso.

cot-standings

Notable changes:

  • Euro positions rose to the highest level since April 1st although the data was recorded before the ECB rate decision on Thursday – where the ECB hinted at possible easing policy in June
  • Japanese Yen net positions fell to the lowest bearish level of 2014 (lowest level since October 15, 2013)
  • Australian dollar net positions fell for a 2nd week following a streak of 7 straight weekly increases & remain on bullish side for 5th week
  • British pound sterling positions declined for a 3rd week

 

* 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:

eurofx

Last Six Weeks data for EuroFX futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
04/01/2014 260075 101849 68611 33238 -6396
04/08/2014 261439 92635 69335 23300 -9938
04/15/2014 270722 106252 78564 27688 4388
04/22/2014 266259 101204 75430 25774 -1914
04/29/2014 271515 102285 76551 25734 -40
05/06/2014 277013 110673 78122 32551 6817



British Pound Sterling:

gbp

Last Six Weeks data for Pound Sterling futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
04/01/2014 211437 75969 42397 33572 3848
04/08/2014 226667 91642 45165 46477 12905
04/15/2014 226688 87472 36874 50598 4121
04/22/2014 237055 89692 41892 47800 -2798
04/29/2014 236030 85913 41679 44234 -3566
05/06/2014 241264 83794 43148 40646 -3588



Japanese Yen:

jpy

Last Six Weeks data for Yen Futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
04/01/2014 188464 22162 110800 -88638 -19751
04/08/2014 181814 13340 100802 -87462 1176
04/15/2014 164843 14351 83067 -68716 18746
04/22/2014 165674 16564 83807 -67243 1473
04/29/2014 168820 13846 84198 -70352 -3109
05/06/2014 167093 20381 81109 -60728 9624



Swiss Franc:

chf

Last Six Weeks data for Franc futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
04/01/2014 47228 24800 10569 14231 -588
04/08/2014 44752 19275 7940 11335 -2896
04/15/2014 48976 23905 9839 14066 2731
04/22/2014 46888 21732 7709 14023 -43
04/29/2014 47424 21960 8257 13703 -320
05/06/2014 55538 25102 11918 13184 -519



Canadian Dollar:

cad

Last Six Weeks data for Canadian dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
04/01/2014 117966 27549 64543 -36994 -3779
04/08/2014 120336 28704 63011 -34307 2687
04/15/2014 119525 28288 63714 -35426 -1119
04/22/2014 118707 27529 62984 -35455 -29
04/29/2014 123589 30093 60388 -30295 5160
05/06/2014 122287 28044 59644 -31600 -1305



Australian Dollar:

aud

Last Six Weeks data for Australian dollar futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
04/01/2014 93999 35398 40278 -4880 15647
04/08/2014 96887 37630 34320 3310 8190
04/15/2014 98933 40463 32366 8097 4787
04/22/2014 107696 49540 33170 16370 8273
04/29/2014 109934 50019 39313 10706 -5664
05/06/2014 104936 44805 36168 8637 -2069



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
04/01/2014 32313 25765 7285 18480 267
04/08/2014 32898 26521 6755 19766 1286
04/15/2014 33100 26671 6824 19847 81
04/22/2014 32579 26056 5881 20175 328
04/29/2014 29858 22979 4499 18480 -1695
05/06/2014 33025 25027 4334 20693 2213



Mexican Peso:

mxn

Last Six Weeks data for Mexican Peso futures

Date Open Interest Long Specs Short Specs Large Specs Net Weekly Change
04/01/2014 145270 49893 28109 21784 23438
04/08/2014 130331 70371 13870 56501 34717
04/15/2014 131412 71038 16801 54237 -2264
04/22/2014 128932 68329 14818 53511 -726
04/29/2014 128100 68073 18455 49618 -3893
05/06/2014 146455 67663 19779 47884 -1734



*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 added to bearish positions as yield declines

By CountingPips.com

Weekly CFTC Net Speculator Report




10-Year

Large Speculators net bearish positions rise to a total of -129,409 contracts

10 Year Treasuries: Large futures market traders and speculators added to their overall bearish bets in the 10-year treasury note futures last week following two weeks of declining bearish bets, 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 -129,409 contracts in the data reported for May 6th. This was a change of -14,984 contracts from the previous week’s total of -114,425 net contracts that was recorded on April 29th.

The 10-Year Note non-commercial net bearish positions had declined for two consecutive weeks and to the lowest level since April 1st before last week’s rise in bearish positions.

Over the weekly reporting time-frame, from Tuesday April 29th to Tuesday May 6th, the yield on the 10-Year treasury note decreased from 2.71 to a yield of 2.61, 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
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
04/22/2014 2493544 349474 495339 -145865 16413 2.73
04/29/2014 2528687 332918 447343 -114425 31440 2.71
05/06/2014 2618485 340698 470107 -129409 -14984 2.61



*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).




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VIX Futures Speculators increased bearish positions last week to highest level since January

By CountingPips.com

Weekly CFTC Net Speculator VIX Report




vix


VIX Futures Contracts: Large traders and speculators raised their overall bearish bets in the VIX futures market last week for a second straight week and for the sixth time out of the last seven weeks, 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 -63,466 contracts in the data reported for May 6th. This was a change of -17,980 contracts from the previous week’s total of -45,486 net contracts that was registered on April 29th.

The second straight increase in bearish positions brings overall net contracts to the highest bearish level since January 28th when net positions stood at a level of -65,504 contracts.

Meanwhile, the VIX index over the same reporting time-frame last week edged higher for a 2nd week from a 13.71 reading on Tuesday April 29th to a 13.80 reading on Tuesday May 6th, 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
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
04/22/2014 362130 106598 140655 -34057 1889 13.19
04/29/2014 365215 110843 156329 -45486 -11429 13.71
05/06/2014 391848 104252 167718 -63466 -17980 13.80

*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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Crude Oil Speculators pared bullish positions for 2nd week to lowest level since Feb.

By CountingPips.com

Weekly CFTC Net Speculator Crude Oil Report

CrudeOil

CRUDE OIL: Large futures market traders and speculators cut their overall bullish bets in crude oil futures last week for a second straight week and to the lowest level since February, 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, declined to a total net position of +383,093 contracts in the data reported for May 6th. This was a change of -19,234 contracts from the previous week’s total of +402,327 net contracts for the data reported through April 29th.

Last week’s decline was the second straight weekly retreat in bullish positions and brought the overall bullish standing to the lowest level since February 11th when net positions totaled +382,334 contracts.

Over the same weekly reporting time-frame, from Tuesday April 29th to Tuesday May 6th, the crude oil price fell from $100.58 to $99.81 per barrel, according to Nymex futures price data from investing.com. Brent crude prices, meanwhile, also showed a decline from $108.86 to $107.12 per barrel from Tuesday April 29th to Tuesday May 6th, 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
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
04/29/2014 1651521 522018 119691 402327 -7798 100.58
05/06/2014 1638412 492901 109808 383093 -19234 99.81

*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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Gold Speculators raised bullish bets for 3rd straight week, highest level in 5 weeks

By CountingPips.com

Weekly CFTC Net Speculator Gold Report

gold

GOLD: Large futures market traders and speculators raised bullish bets in the gold futures market last week for a third consecutive week and to the highest level in over a month, 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 +97,956 contracts in the data reported through May 6th. This was a change of +12,729 contracts from the previous week’s total of +85,227 net contracts on April 29th.

The gold non-commercial net positions rose by the highest weekly amount since March 18th last week and the overall net speculator positions are at the highest weekly standing since April 1st when net positions equaled +100,145 contracts.

Over the weekly reporting time-frame, from Tuesday April 29th to Tuesday May 6th, the gold price climbed from $1,296.20 to $1,307.60 per ounce, according to gold futures price data from investing.com.

 

Last 6 Weeks of Large Trader Non-Commercial Positions

Date Open Interest Long Specs Short Specs Net Non-Commercials Weekly Change Gold Price
04/01/2014 363451 158152 58007 100145 -17172 1279.60
04/08/2014 365400 149693 61094 88599 -11546 1310.10
04/15/2014 369577 147432 68140 79292 -9307 1302.90
04/22/2014 372593 146880 65047 81833 2541 1284.90
04/29/2014 378092 147769 62542 85227 3394 1296.20
05/06/2014 404700 160982 63026 97956 12729 1307.60

*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).

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GBPUSD Forex Trading Pivot Point Levels for 2014.05.08

2014.05.08 12:30 6:30AM ET | GBPUSD Currency Pair

SC GBPUSD 2014.05.08

Here are the Pivot Points Levels with Support (S) and Resistance (R) for the GBPUSD currency pair today. Price action is currently trading right at the daily pivot point at the 1.69581 price level, according to data at 6:30 AM ET. The GBPUSD high for the day has been 1.69666 while the low of day has reached to 1.69425. The pair earlier today opened the Asian trading session below the daily pivot and has trended higher to the daily pivot area into the North American morning session.

Daily Pivot Point: 1.69621
— S1 – 1.69390
— S2 – 1.69272
— S3 – 1.69041
— R1 – 1.69739
— R2 – 1.69970
— R3 – 1.70088


Weekly Pivot Points: GBPUSD

SC GBPUSD 2014.05.08

Prices are currently trading over the weekly pivot point and between the R1 and R2 resistance levels at time of writing. The GBPUSD has been on an overall bullish trend this week after opening the trading week modestly above the weekly pivot.

Weekly Pivot Point: 1.68535
— S1 – 1.67890
— S2 – 1.67118
— S3 – 1.66473
— R1 – 1.69307
— R2 – 1.69952
— R3 – 1.70724


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.