The ratio of long to short positions in the EURUSD stands at -1.62 as nearly 62% of traders are short, according to the FXCM SSI which measures the positioning of thousands of retail traders. Last week, the ratio was at -1.28 as 56% of open positions were short. Retail traders have been selling the EURUSD and short positions are up by 18.1% since last week. The SSI is a contrarian indicator and signals more EURUSD gains.
The ratio of long to short positions in the GBPUSD stands at -1.93 as nearly 66% of traders are short, according to the FXCM SSI which measures the positioning of thousands of retail traders. Last week, the ratio was at -2.12 as 68% of open positions were short. Retail traders have been buying the GBPUSD and long positions are up by 33.3% since last week. The SSI is a contrarian indicator and signals more GBPUSD gains.
The ratio of long to short positions in the AUDUSD stands at -1.22 as nearly 55% of traders are short, according to the FXCM SSI which measures the positioning of thousands of retail traders. Last week, the ratio was at -1.01 as 50% of open positions were short. Retail traders have been selling the AUDUSD and short positions are up by 15.3% since last week. The SSI is a contrarian indicator and signals more AUDUSD gains.
The ratio of long to short positions in the NZDUSD stands at 1.16 as nearly 54% of traders are long, according to the FXCM SSI which measures the positioning of thousands of retail traders. Last week, the ratio was at 1.35 as 57% of open positions were long. Retail traders have been selling the NZDUSD and short positions are up by 2.7% since last week. The SSI is a contrarian indicator and signals more NZDUSD losses.