[B]USD/CHF Ratio: -1.32
Trading Signal: Bullish[/B]
[B]Forex Positioning in the US Dollar/ Swiss Franc[/B]
[B]Currency[/B] [B]Last Week[/B] [B]Present*[/B] [B]% Long[/B] [B]% Change in Positions Outstanding[/B] [B]Signal[/B] [B]USDCHF[/B] -1.22 -1.32 43% -20.79% Bullish
[B]USDCHF –[/B] The ratio of long to short positions in the USDCHF stands at -1.31 as nearly 57% of traders are short. Yesterday, the ratio was at -1.55 as 61% of open positions were short. In detail, long positions are 11.1% higher than yesterday and 11.6% weaker since last week. Short positions are 6.4% lower than yesterday and 26.5% weaker since last week. Open interest is 0.5% stronger than yesterday and 14.3% below its monthly average. The SSI is a contrarian indicator and signals more USDCHF gains. Keep up to date on the Swiss Franc in our currency rooms.