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latest market-outlook

We take a look at some of the markets for this week. ... more

We take a look at the Swiss Franc for this week. ... more

We take a look at some of the markets for this week. ... more

As prices approach previous resistant levels, we could prices stall before continuing its decent.  Large institutional speculators seem content to increase their short positions. 

TECHNICAL ANALYSIS

  • Prices continue its weekly downward momentum with daily momentum showing signs of slowing and potentially reversing in the short term.
  • With previous resistant levels at 1.13 this could potentially turn into short term price support.

COMMITMENT OF TRADERS DATA (EUR)

  • ‘Non-commercial’ net positions have increased from net Short 55.1k contracts to net short 60.8k contracts, suggesting continued price weakness. 
  • Large speculators seem content to increase their short positions. 
  • Our CoT Index of 29% suggest that prices are heading towards or nearing the bullish extreme range but at this stage a reversal may be unlikely.  

Date LONG SHORT TOTAL  LONG SHORT NET
12 Period Average 156,424 186,184 342,608 46% 54% -29,761
Tuesday, 4 December 2018 144,859 205,635 350,494 41% 59% -60,776

Any information or advice contained on this website is general in nature only and does not constitute personal or investment advice. The information on this website does not take into account your personal circumstances, please do not trade or invest based solely on this information. These are our market outlook views and interpretations only.