We make up a weekly medium-term trade list based on CFTC reports and technical analysis. The table below provides a description of the technical condition of the market on the most popular financial instruments, as well as information on the large speculators’ actions according to the last COT reports and the previous period. If you want to use CFTC reports in your trading practice, you should understand that for an objective assessment of the situation it’s not enough to know the data of the last report. The dynamic is more important, in other words, comparing the statistics of large speculators’ actions in the current period with the previous one, so we publish both values in the table.British Pound (GBPUSD) The Daily trend is bearish, the impulse wave develops. A pullback selling opportunity will appear after its completion and a full-fledged correction formation on the Daily timeframe. Short positions will remain relevant until the market is below the nearest resistance level on the Daily timeframe, the highs of October 13-16. COT net position indicator reversed, large speculators are selling and the professionals’ opinion corresponds to the market technical picture.GBPUSD. Technical analysis and COT net position indicator.Japanese Yen (USDJPY) The Daily trend is bullish (for USDJPY), another correction came to an end last week, the impulse wave develops. A pullback selling opportunity will appear after its completion and a full-fledged correction formation. USDJPY long positions will remain relevant until the market is above the nearset support level on the Daily timeframe, the lows of October 13-16. Large speculators are selling Yen and the professionals’ opinion corresponds to the market technical picture.JPYUSD. Technical analysis and COT net position indicator.Australian Dollar (AUDUSD) The trend is bullish. The market is around the support level on the Daily timeframe, the lows of October 17-18. A pullback buying opportunity from this level will most likely appear within next week or it will be broken, the trend will change and a breakout selling opportunity will be formed. Anyway this asset may be interesting for medium-term trading. COT net position indicator continues to decline and the large speculators‘ opinion doesn’t correspond to the market technical picture.AUDUSD. Technical analysis and COT net position indicator.New Zealand Dollar (NZDUSD) The trend is bearish, another correction came to an end last week, the impulse wave develops. A pullback selling opportunity will appear after its completion and a new correction formation on the Daily timeframe. Short positions will remain relevant until the market is below the resistance levels, the highs of October 13-18. COT net position indicator increased but didn’t reverse and the major players’ opinion corresponds to the market technical picture.NZDUSD. Technical analysis and COT net position indicator.Good luck in trading!