EUR/USD Client Positioning

Number of traders net-short has increased by 1.76% from last week.

SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI
EUR/USDBULLISH36.64%63.36%

-15.53% Daily

-26.84% Weekly

-7.75% Daily

1.76% Weekly

-10.76% Daily

-10.99% Weekly

EUR/USD: Retail trader data shows 36.64% of traders are net-long with the ratio of traders short to long at 1.73 to 1. Our data shows traders are now at their least net-long EUR/USD since Feb 07 when EUR/USD traded near 1.14. The number of traders net-long is 15.53% lower than yesterday and 26.84% lower from last week, while the number of traders net-short is 7.75% lower than yesterday and 1.76% higher from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests EUR/USD prices may continue to rise.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.

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