AUD/USD Client Positioning

Number of traders net-short has decreased by 43.48% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI


AUD/USD

BEARISH

65.70%

34.30%

-2.22%
Daily

36.03%
Weekly

-23.63%
Daily

-43.48%
Weekly

-10.79%
Daily

-8.24%
Weekly

AUD/USD: Retail trader data shows 65.70% of traders are net-long with the ratio of traders long to short at 1.92 to 1. Our data shows traders are now at their most net-long AUD/USD since Jun 04 when AUD/USD traded near 0.77. The number of traders net-long is 2.22% lower than yesterday and 36.03% higher from last week, while the number of traders net-short is 23.63% lower than yesterday and 43.48% 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.

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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