Number of traders net-short has decreased by 20.04% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIAU
Number of traders net-short has decreased by 20.04% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| AUD/USD | BEARISH | 50.07% | 49.93% |
11.90% Daily 14.35% Weekly |
-10.38% Daily -20.04% Weekly |
-0.45% Daily -5.87% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | 9% | -10% | -2% |
| Weekly | 11% | -18% | -6% |
AUD/USD: Retail trader data shows 50.07% of traders are net-long with the ratio of traders long to short at 1.00 to 1. In fact, traders have remained net-long since Jul 03 when AUD/USD traded near 0.67, price has moved 0.45% higher since then. The number of traders net-long is 11.90% higher than yesterday and 14.35% higher from last week, while the number of traders net-short is 10.38% lower than yesterday and 20.04% lower from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests AUD/USD prices may continue to fall.
Our data shows traders are now net-long AUD/USD for the first time since Jul 03, 2024 when AUD/USD traded near 0.67. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bearish contrarian trading bias.
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