FX Positioning: EUR long and short positions at historical highs

CFTC positioning data for the week ending 27 September showed that both long and short positions on EUR remain at historical highs, while the net positioning is at 5-year low. In case if large speculative traders decide to liquidate long positions, it may create a substantial selling pressure on EURUSD. Net positions on XAU continue to weaken but have not yet reach an extreme level according to COT index. AUD and JPY getting more oversold again.  

Watch the weekly video with our analysis of the latest COT report.