Currency pair
Quote
Ratio L/S
% Long
Signal
EURUSD
1.40829
-3.19
24%
Bullish
GBPUSD
2.00891
1.03
51%
Bearish
USDJPY
114.375
1.82
65%
Bearish
USDCHF
1.17108
3.12
76%
Bearish
USDCAD
1.00165
5.36
84%
Bearish
EURUSD - The ratio of long to short positions in the EURUSD stands at -3.19 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 10.8% lower than yesterday and 20.4% weaker since last week. Short positions are 7.2% higher than yesterday and 3.4% stronger since last week. Open interest is 2.3% stronger than yesterday and 6.2% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.
GBPUSD - The ratio of long to short positions in the GBPUSD stands at 1.03 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 4.6% lower than yesterday and 8.0% weaker since last week. Short positions are 9.8% higher than yesterday and 22.8% stronger since last week. Open interest is 2.0% stronger than yesterday and 16.2% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD losses.
USDJPY - The ratio of long to short positions in the USDJPY stands at 1.83 as nearly 65% of traders are long. Yesterday, the ratio was at 1.56 as 61% of open positions were long. In detail, long positions are 1.3% higher than yesterday and 14.7% stronger since last week. Short positions are 13.6% lower than yesterday and 55.1% stronger since last week. Open interest is 4.6% weaker than yesterday and 11.1% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.
USDCHF - The ratio of long to short positions in the USDCHF stands at 3.12 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 7.9% higher than yesterday and 45.0% stronger since last week. Short positions are 0.6% higher than yesterday and 15.9% stronger since last week. Open interest is 6.0% stronger than yesterday and 5.1% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
USDCAD - The ratio of long to short positions in the USDCAD stands at 5.36 as nearly 84% of traders are long. Yesterday, the ratio was at 4.58 as 82% of open positions were long. In detail, long positions are 8.4% higher than yesterday and 3.4% weaker since last week. Short positions are 7.5% lower than yesterday and 8.3% weaker since last week. Open interest is 5.5% stronger than yesterday and 11.7% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
Source: FXCM Dealing Desk
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