Number of traders net-short has increased by 21.59% from last week.SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OIAU
Number of traders net-short has increased by 21.59% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| AUD/USD | BULLISH | 49.63% | 50.37% |
-25.90% Daily -21.69% Weekly |
31.08% Daily 21.59% Weekly |
-5.12% Daily -4.58% Weekly |
| Change in | Longs | Shorts | OI |
| Daily | -25% | 23% | -7% |
| Weekly | -20% | 19% | -4% |
AUD/USD: Retail trader data shows 49.63% of traders are net-long with the ratio of traders short to long at 1.02 to 1. In fact, traders have remained net-short since Jan 03 when AUD/USD traded near 0.67, price has moved 1.89% lower since then. The number of traders net-long is 25.90% lower than yesterday and 21.69% lower from last week, while the number of traders net-short is 31.08% higher than yesterday and 21.59% higher from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests AUD/USD prices may continue to rise.
Our data shows traders are now net-short AUD/USD for the first time since Jan 03, 2024 when AUD/USD traded near 0.67. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/USD-bullish contrarian trading bias.
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