EUR/USD Client Positioning

Number of traders net-short has decreased by 23.72% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI


EUR/USD

BEARISH

64.34%

35.66%

12.97%
Daily

25.60%
Weekly

-21.73%
Daily

-23.72%
Weekly

-2.46%
Daily

2.07%
Weekly

EUR/USD: Retail trader data shows 64.34% of traders are net-long with the ratio of traders long to short at 1.80 to 1. Our data shows traders are now at their most net-long EUR/USD since Jul 22 when EUR/USD traded near 1.18. The number of traders net-long is 12.97% higher than yesterday and 25.60% higher from last week, while the number of traders net-short is 21.73% lower than yesterday and 23.72% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests EUR/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 EUR/USD-bearish contrarian trading bias.

Advertisement

Source

Share this now: