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Currency pair
Quote
Ratio L/S
% Long
Signal
EURUSD
1.40766
-2.51
28%
Bullish
GBPUSD
2.02041
-1.09
48%
Bullish
USDJPY
115.586
1.50
60%
Bearish
USDCHF
1.17302
2.48
71%
Bearish
USDCAD
1.00015
4.79
83%
Bearish
EURUSD - The ratio of long to short positions in the EURUSD stands at -2.51 as nearly 72% of traders are short. Yesterday, the ratio was at -2.89 as 74% of open positions were short. In detail, long positions are 16.4% higher than yesterday and 4.2% stronger since last week. Short positions are 1.3% higher than yesterday and 6.5% stronger since last week. Open interest is 5.2% stronger than yesterday and 11.6% 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 -1.09 as nearly 52% of traders are short. Yesterday, the ratio was at 1.18 as 54% of open positions were long. In detail, long positions are 5.7% lower than yesterday and 9.1% weaker since last week. Short positions are 21.8% higher than yesterday and 36.2% stronger since last week. Open interest is 6.9% stronger than yesterday and 12.3% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.
USDJPY - The ratio of long to short positions in the USDJPY stands at 1.50 as nearly 60% of traders are long. Yesterday, the ratio was at 1.56 as 61% of open positions were long. In detail, long positions are 0.2% lower than yesterday and 13.1% stronger since last week. Short positions are 4.0% higher than yesterday and 86.7% stronger since last week. Open interest is 1.4% stronger than yesterday and 17.7% 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 2.48 as nearly 71% of traders are long. Yesterday, the ratio was at 2.91 as 74% of open positions were long. In detail, long positions are 7.7% higher than yesterday and 44.7% stronger since last week. Short positions are 26.3% higher than yesterday and 45.5% stronger since last week. Open interest is 12.4% stronger than yesterday and 11.1% 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 4.79 as nearly 83% of traders are long. Yesterday, the ratio was at 5.39 as 84% of open positions were long. In detail, long positions are 1.8% lower than yesterday and 5.8% weaker since last week. Short positions are 10.6% higher than yesterday and 2.1% weaker since last week. Open interest is 0.2% stronger than yesterday and 10.7% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
Source: FXCM Dealing Desk
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