AUD/USD Client Positioning

Number of traders net-short has decreased by 20.85% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI


AUD/USD

BEARISH

60.35%

39.65%

17.82%
Daily

15.26%
Weekly

-18.11%
Daily

-20.85%
Weekly

0.36%
Daily

-2.39%
Weekly

AUD/USD: Retail trader data shows 60.35% of traders are net-long with the ratio of traders long to short at 1.52 to 1. Our data shows traders are now at their most net-long AUD/USD since Mar 23 when AUD/USD traded near 0.76. The number of traders net-long is 17.82% higher than yesterday and 15.26% higher from last week, while the number of traders net-short is 18.11% lower than yesterday and 20.85% 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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