Our knowledge reveals merchants are actually net-short NZD/USD for the primary time since Jan 30, 2020 when NZD/USD traded close to 0.65.

David Graham

5 years ago

Variety of merchants net-short has decreased by 8.14% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

BULLISH

49.03%

50.97%

-24.00%
Each day

-28.64%
Weekly

0.64%
Each day

-8.14%
Weekly

-13.17%
Each day

-19.48%
Weekly

NZD/USD: Retail dealer knowledge reveals 49.03% of merchants are net-long with the ratio of merchants brief to lengthy…