FOREX Analysis: Yen Positioning Still at Reversal Levels

Latest CFTC Release dated November 13, 2012:

***COT indicator is now available for Marketscope 2.0

Week (Data for Tuesdays)	52 week Percentile / Comment (if applicable)
US Dollar	16
Euro	82
British Pound	76
Australian Dollar	80
Japanese Yen	20 - speculators short position is consistent with turns towards Yen strength since 2010
Canadian Dollar	78
Swiss Franc	78
Gold	80
Silver	88
Copper	43
Crude	35

The COT Index is the difference between net speculative positioning and net commercial positioning measured. A light blue colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bullish) with speculators selling and commercials buying. A light red colored bar indicates that the difference in positioning is the greatest it has been in 52 weeks (bearish) with speculators buying and commercials selling. Crosses above and below 0 are in bold. Non commercials tend to be on the wrong side at the turn and commercials the correct side. Use of the index is covered closely in detail in my book.

Charts

Non Commercials (speculators) - Red

Commercials - Blue

Small Speculators - Black

COTDiff - Black

Volume on bottom

US Dollar

Chart prepared by Jamie Saettele, CMT

Euro

Chart prepared by Jamie Saettele, CMT

British Pound

Chart prepared by Jamie Saettele, CMT

Australian Dollar

Chart prepared by Jamie Saettele, CMT

Japanese Yen

Chart prepared by Jamie Saettele, CMT

Canadian Dollar

Chart prepared by Jamie Saettele, CMT

Swiss Franc

Chart prepared by Jamie Saettele, CMT

Gold

Chart prepared by Jamie Saettele, CMT

Silver

Chart prepared by Jamie Saettele, CMT

Copper

Chart prepared by Jamie Saettele, CMT

Crude

Chart prepared by Jamie Saettele, CMT

To contact Jamie e-mail jsaettele@dailyfx.com. Follow me on Twitter @JamieSaettele

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Jamie is the author of Sentiment in the Forex Market.