FXCM SSI: EURUSD Longs Fall 12 Percent As EURUSD Breaks 1.40

        quote
        ratio
        %long
        signal
           EURUSD
        1.40379
        -3.09
        24%
        Bullish
           GBPUSD
        2.00544
        1.06
        52%
        Bearish
           USDJPY
        115.551
        1.66
        62%
        Bearish
           USDCHF
        1.17352
        3.20
        76%
        Bearish
           USDCAD
        1.01232
        4.81
        83%
        Bearish

[B]EURUSD[/B] - The ratio of long to short positions in the EURUSD stands at -3.09 as nearly 76% of traders are short. Yesterday, the ratio was at -2.65 as 73% of open positions were short. In detail, long positions are 11.6% lower than yesterday and 21.1% weaker since last week. Short positions are 3.0% higher than yesterday and 0.7% weaker since last week. Open interest is 1.0% weaker than yesterday and 3.0% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.
[B]GBPUSD[/B] - The ratio of long to short positions in the GBPUSD stands at 1.06 as nearly 51% of traders are long. Yesterday, the ratio was at 1.18 as 54% of open positions were long. In detail, long positions are 0.5% higher than yesterday and 3.1% weaker since last week. Short positions are 12.2% higher than yesterday and 25.5% stronger since last week. Open interest is 5.9% stronger than yesterday and 13.1% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD losses.
[B]USDJPY[/B] - The ratio of long to short positions in the USDJPY stands at 1.66 as nearly 62% of traders are long. Yesterday, the ratio was at 1.56 as 61% of open positions were long. In detail, long positions are 2.2% lower than yesterday and 10.8% stronger since last week. Short positions are 8.0% lower than yesterday and 65.2% stronger since last week. Open interest is 4.5% weaker than yesterday and 11.2% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.
[B]USDCHF[/B] - The ratio of long to short positions in the USDCHF stands at 3.20 as nearly 76% of traders are long. Yesterday, the ratio was at 2.91 as 74% of open positions were long. In detail, long positions are 9.3% higher than yesterday and 46.8% stronger since last week. Short positions are 0.6% lower than yesterday and 14.4% stronger since last week. Open interest is 6.7% stronger than yesterday and 5.7% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
[B]USDCAD[/B] - The ratio of long to short positions in the USDCAD stands at 4.81 as nearly 83% of traders are long. Yesterday, the ratio was at 4.58 as 82% of open positions were long. In detail, long positions are 1.1% higher than yesterday and 9.9% weaker since last week. Short positions are 3.8% lower than yesterday and 4.6% weaker since last week. Open interest is 0.2% stronger than yesterday and 6.3% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
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