[B]USD/CHF Ratio: 1.12
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[B]Signal: Bearish[/B]
[B]Currency Last Week %Long %Change in Positions Outstanding[/B]
[B]USD/CHF 1.70 53% 13.44%[/B]
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USDCHF - The ratio of long to short positions in the USDCHF stands at 1.15 as nearly 53% of traders are long. Yesterday, the ratio was at 1.48 as 60% of open positions were long. In detail, long positions are 13.1% lower than yesterday and 34.1% weaker since last week. Short positions are 12.2% higher than yesterday and 34.5% stronger since last week. Open interest is 2.9% weaker than yesterday and 2.1% below its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
[B]Written by David Rodriguez, Currency Analyst for DailyFx.com[/B]