CoT Profile Hints Something Very Important For FX Traders

The Commitment of Traders (CoT) data published by CFTC show positioning in EURO futures, where the two lines show Commercial vs Speculative positions.

What we see here is a clear pattern. I am sure you can see it as well.

Based on this, as well as the inflation picture in the Eurozone, we believe it is the peak in the EURUSD pair.

This has tremendous implications for the FX traders which they simply cannot overlook.

Stay tuned.

-Signalwyse Team