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This a report which shows commercial and non-commercial trader position on a certain currency pair from Chicago Mercantile Exchange (CME). This is a weekly report that helps a trader to gauge the market for the long-term position or how the market could react in the upcoming week. Here non-commericial traders mean retail traders (more reference can be found here), commercial trader means institutional traders.
Institutional traders always trade with large money in large volume. Hence their position holding matters for retail traders. If commercial long cross over the non-commericial long that definitely indicates market will now go into a bullish zone. If commercial short cross below the non-commercial shorts that indicates market will not now go into a bearish zone. Increasing open interest also indicates power in the trend.
In this example above, we can see that commercial long line (light green) goes above non-commercial long line (deep green) for Euro future contracts. Which indicate a possible change in trend mostly bullish trend cause large traders are buying this euro. The line crossed on 29th April, so we will next look at the chart of EURUSD.
See with the chart of eurodollar, the market climbed up after 29th April date & market keep riding for next one week. Very good trading opportunities for position & day traders.
This chart data get updated on every Sunday with CME data release.