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Nearly 65 percent of Retail Traders Are Long USDCAD Nearly 65 percent of Retail Traders Are Long USDCAD
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Old 11-16-2007, 06:20 PM
DailyFx's Avatar
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Default Nearly 65 percent of Retail Traders Are Long USDCAD
Quote Ratio %long Signal USDCAD 0.97073 2.0067% Bearish




USDCAD - The ratio of long to short positions in the USDCAD stands at 2.00 as nearly 67% of traders are long. Yesterday, the ratio was at 1.74 as 63% of open positions were long. In detail, long positions are 6.9% higher than yesterday and 1.8% weaker since last week. Short positions are 7.1% lower than yesterday and 1.9% stronger since last week. Open interest is 1.8% stronger than yesterday and 12.8% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
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