Analyzing Market Sentiments and Position Shifts in the Latest COT Report

Latest Commitments of Traders (COT) report, April 16, 2024 (16th report of the year) the cut-off date.

COT direction table (Non Commercials and Leveraged Funds with Sync)The below currencies saw an addition or cut among both (net non-commercials and net leveraged funds).

  • This is the 2nd consecutive report in which shorts positions were added to the Swiss Franc, Japanese Yen, Canadian Dollar.
  • Long Positions were cut in the British Pound, USOil and Gold.
  • Long Positions were added in the Silver.
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    Below is the stacked barchart for the Non Commercials.

    1. Commodities have net long positions
    2. USD, EUR, and GBP are on the mixed side
    3. Antipodeans and US10Y are leaning towards the shorts side

    Below is the stacked barchart for the Leveraged Funds.Source:
    https://www.cftc.gov/MarketReports/CommitmentsofTraders/HistoricalCompressed/index.htm
    Forex Source