Aussie Dollar, Euro, and Natural Gas Show Extremes: What's Next?

The latest Commitment of Traders (COT) data from September 25th reveals some interesting extremes in various markets, including the Australian Dollar, Euro, and Natural Gas.

Large Speculators are net short on the Aussie at a whopping -46,814 contracts after a shift of -7,908, with prices falling by 1.38%. Meanwhile, commercial traders have reached an absolute top of their 26-week range with a 100% COT Index reading.

This historically precedes a sharp short-squeeze in the coming weeks, indicating potential bullish reversals for the Australian Dollar.