Technical Analysis

CFTC commitment of traders: JPY short jump to highest level since Feb 2018



CFTC commitment of traders: JPY short jump to highest level since Feb 2018





















Commitment of traders report for the week ending October 2, 2018

  • EUR short -7K vs 4K long last week.  Position shifts to short from long. Change of 11K
  • GBP short 59K vs 67K short last week. Shorts trimmed by 8K
  • JPY short -114K vs 85K short last week. Shorts increased 29K
  • CHF short 13K vs 16K short last week. Shorts trimmed 3K
  • CAD short 19k vs 20k short last week. Shorts trimmed by 1K
  • AUD short 72k vs 72k short last week. Unchanged
  • NZD short 31K vs 32K short last week. Shorts trimmed by 1K
  • Prior week’s report 

Highlights:

  • Euro position shifted from small short to small long.  
  • GBP shorts trimmed by 8K. Two week’s ago shorts was the largest short position since May 2017
  • All currencies are short (USD long)
  • AUD shorts remained unchanged but relatively lumpy at short 72K. The AUDUSD reached the lowest level since February 2016. The short position is the largest since March 2015
  • JPY shorts are the highest since February 2018.  The USDJPY reached the highest level since November this week (backed off today). So spec shorts are winning.


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