[B]USDCAD – [/B]Our forex trading signals are on aggregate short the US Dollar against the Canadian Dollar, as fairly one-sided forex crowd positioning suggests further losses are likely. The ratio of long to short positions in the USDCAD stands at 1.61 as nearly 62% of traders are long. Yesterday, the ratio was at 1.30 as 57% of open positions were long. In detail, long positions are 2.2% lower than yesterday and 21.0% weaker since last week. Short positions are 20.8% lower than yesterday and 0.0% weaker since last week. Open interest is 10.3% weaker than yesterday and 76.2% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.