I was looking at some COT charts and would like to share some thoughts here.

The comments are pretty straight forward and the charts have more comments on it(all charts from barchart.com).

COT for euro still shows some potential for an up move, as commercials positioning is still long and there wasn't a big sell of inventory during these up move, as shown by the OI.

Here is the chart for euro:

Aussie and Canadian dollar are in extreme positions and looking back in history, it is positioned to, at least, a correction, as we can see in the charts.

Well, to tell the truth, the markets are pretty stretched everywhere, calling for healthy corrections.

Here are the charts.

For Aussie:

 And Canadian:

And here I add the crude oil(CL) chart as it relates to Canadian dollar and also is showing some extreme positioning.

Here it is:

Let's see what the markets trow to us next week.

It is kind of a nervous time as the world is facing political transitions in US and China, tensions between Israel with Iran and China with Japan, Islamic world also.

Let's keep calm, thinking twice before say anything and respect others.

Have a nice week!