Number of traders net-short has decreased by 4.51% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIUSD
Number of traders net-short has decreased by 4.51% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| USD/CHF | BULLISH | 54.42% | 45.58% |
-18.78% Daily -17.67% Weekly |
-2.43% Daily -4.51% Weekly |
-12.06% Daily -12.15% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | -19% | 4% | -10% |
| Weekly | -17% | 8% | -7% |
USD/CHF: Retail trader data shows 54.42% of traders are net-long with the ratio of traders long to short at 1.19 to 1. Our data shows traders are now at their least net-long USD/CHF since Sep 26 when USD/CHF traded near 0.92. The number of traders net-long is 18.78% lower than yesterday and 17.67% lower from last week, while the number of traders net-short is 2.43% lower than yesterday and 4.51% lower from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests USD/CHF prices may continue to fall.
Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current USD/CHF price trend may soon reverse higher despite the fact traders remain net-long.
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