Thursday, September 17, 2020

Commitment of Traders as of 08 September 2020

 

Commitment of Traders as of 08 September 2020

 
COT Report                  Ave
As of 08Sep20 
         Long          Short
CAD 55.05% 44.95%
CHF 54.03% 45.97%
GBP 51.06% 48.94%
JPY 54.49% 45.51%
EUR 58.20% 41.80%
NZD 54.38% 45.62%
AUD 54.57% 45.43%
USD 48.91% 51.09%
XAG 59.09% 40.91%
XAU 61.29% 38.71%

 EUR/USD


 AUD/USD

GBP/USD

NZD/USD


USD/JPY


XAU/USD



 All currencies are up except of U.S. from September 2-8, 2020, and reported on the 11th of September 2020, Friday.

The Commodity Futures Trading Commission is the one who gathers all information and regulates the trading for both currencies and commodities in the U.S. They usually release data every Friday which includes the latest data from previous Tuesdays. The Commodity Exchange Act regulates the trading of commodity futures in the United States. Passed in 1936, it has been amended several times since then. The CEA establishes the statutory framework under which the CFTC operates. Under this Act, the CFTC has the authority to establish regulations that are published in title 17 of the Code of Federal Regulations.

Commitment of Traders gives us also a blueprint where will market may lead. So what I did is, I usually download data every Saturday due to time difference between U.S. time and Philippine time, and add the long and short positions of non-commercial, commercial, and nonreportable positions. Then I convert those into percentages.
 
We'll see this week trading how many pips increase on your favorite Forex pairs from September 14-18, 2020. Happy trading!   

Disclaimer: Trading currency and commodity futures are risky. Trade at your own risk.

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