[B]USD/CHF Ratio: 1.60
[/B][B]Signal: Bearish[/B]
[B]Currency[/B] [B]Last Week[/B] [B]Present*[/B] [B]% Long[/B] [B]% Change in Positions Outstanding[/B] [B]Signal[/B] USD/CHF 1.45 [B]1.6[/B] 62% -1.33% Bearish
[B]USDCHF[/B] - The ratio of long to short positions in the USDCHF stands at 1.60 as nearly 62% of traders are long. Yesterday, the ratio was at 1.53 as 60% of open positions were long. In detail, long positions are 9.0% lower than yesterday and 14.8% stronger since last week. Short positions are 13.3% lower than yesterday and 19.6% weaker since last week. Open interest is 10.7% weaker than yesterday and 8.9% below its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.