Number of traders net-short has increased by 104.65% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORT
Number of traders net-short has increased by 104.65% from last week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
USD/CHF |
BULLISH |
48.48% |
51.52% |
3.24%
-14.64% |
16.71%
104.65% |
9.77%
22.00% |
USD/CHF: Retail trader data shows 48.48% of traders are net-long with the ratio of traders short to long at 1.06 to 1. Our data shows traders are now at their least net-long USD/CHF since Aug 13 when USD/CHF traded near 0.92. The number of traders net-long is 3.24% higher than yesterday and 14.64% lower from last week, while the number of traders net-short is 16.71% higher than yesterday and 104.65% higher from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests USD/CHF prices may continue to rise.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bullish contrarian trading bias.
element inside the
element. This is probably not what you meant to do!Load your application’s JavaScript bundle inside the element instead.
www.dailyfx.com