USD/CHF Client Positioning

Number of traders net-short has decreased by 33.81% from last week.

SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI
USD/CHFBEARISH83.33%16.67%

5.75% Daily

105.36% Weekly

-15.60% Daily

-33.81% Weekly

1.47% Daily

52.07% Weekly

USD/CHF: Retail trader data shows 83.33% of traders are net-long with the ratio of traders long to short at 5.00 to 1. Our data shows traders are now at their most net-long USD/CHF since Jan 14 when USD/CHF traded near 0.91. The number of traders net-long is 5.75% higher than yesterday and 105.36% higher from last week, while the number of traders net-short is 15.60% lower than yesterday and 33.81% lower from last week.

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

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