This week, speculators added 4.3K new long positions and 3.1K short positions to their portfolios. They were 47K net short, which was lower than 48K in the previous trading week. The same dynamic continues, smart money buys EUR Futures on declining prices while the Open Interest rises. This is clear bullish sentiment and should indicate higher prices are to come in the nearest future.
The post C.O.T REPORT – WEEK 3. Speculators buy EUR despite lower prices appeared first on HumbleTraders.