Currency Rate Ratio %long Signal EURUSD 1.3609 -1.94 34% Bullish GBPUSD 1.9972 -1.71 37% Bullish USDJPY 119.19 -1.37 42% Bullish USDCHF 1.2067 1.33 57% Bearish USDCAD 1.118 1.22 55% Bearish EURUSD - The ratio of longs to shorts is -1.94 as 65.9% of the currently open orders are short. Long orders are 9.1% lower than yesterday and 24.7% weaker since last week. Short orders are 4.6% lower than yesterday and 8.2% weaker since last week. Open interest is 6.2% weaker than yesterday and 12.2% below its monthly average. Looking ahead, the SSI signals EURUSD strength.
GBPUSD - The ratio of longs to shorts is -1.71 as 63.1% of the currently open orders are short. Long orders are 5.4% higher than yesterday and 26.7% weaker since last week. Short orders are 1.2% higher than yesterday and 8.0% weaker since last week. Open interest is 2.7% stronger than yesterday and 7.5% below its monthly average. Looking ahead, the SSI signals GBPUSD strength.
USDJPY - The ratio of longs to shorts is -1.36 as 57.7% of the currently open orders are short. Long orders are 1.5% higher than yesterday and 10.2% weaker since last week. Short orders are 3.0% higher than yesterday and 16.1% stronger since last week. Open interest is 2.3% stronger than yesterday and 7.0% below its monthly average. Looking ahead, the SSI signals USDJPY strength.
USDCHF - The ratio of longs to shorts is 1.33 as 57.1% of the currently open orders are long. Long orders are 1.9% lower than yesterday and 24.8% weaker since last week. Short orders are 2.3% lower than yesterday and 16.6% stronger since last week. Open interest is 2.1% weaker than yesterday and 7.5% below its monthly average. Looking ahead, the SSI signals USDCHF weakness.
USDCAD - The ratio of longs to shorts is 1.22 as 54.9% of the currently open orders are long. Long orders are 2.5% lower than yesterday and 7.4% stronger since last week. Short orders are 3.4% lower than yesterday and 29.2% stronger since last week. Open interest is 2.9% weaker than yesterday and 14.1% above its monthly average. Looking ahead, the SSI signals USDCAD weakness.