1PM UPDATE
quote ratio %long signal
EURUSD 1.34645 -1.03 49% Bullish
GBPUSD 1.99222 1.18 54% Bearish
USDCAD 1.07620 2.26 69% Bearish
USDCHF 1.21895 2.16 68% Bearish
USDJPY 117.278 2.62 72% Bearish
USDJPY - The ratio of long to short positions in the USDJPY stands at 2.62 as nearly 72% of traders are long. Yesterday, the ratio was at 2.59 as 72% of open positions were long. In detail, long positions are 1.8% lower than yesterday and 39.4% stronger since last week. Short positions are 2.9% lower than yesterday and 28.5% weaker since last week. Open interest is 2.1% weaker than yesterday and 12.5% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.
EURUSD - The ratio of long to short positions in the EURUSD stands at -1.03 as nearly 51% of traders are short. Yesterday, the ratio was at -1.09 as 52% of open positions were short. In detail, long positions are 2.4% lower than yesterday and 51.2% stronger since last week. Short positions are 8.0% lower than yesterday and 25.0% weaker since last week. Open interest is 5.4% weaker than yesterday and 1.6% below its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.
GBPUSD - The ratio of long to short positions in the GBPUSD stands at 1.18 as nearly 54% of traders are long. Yesterday, the ratio was at -1.25 as 56% of open positions were short. In detail, long positions are 20.2% higher than yesterday and 51.9% stronger since last week. Short positions are 18.9% lower than yesterday and 48.5% weaker since last week. Open interest is 1.5% weaker than yesterday and 21.3% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD losses.
USDCAD - The ratio of long to short positions in the USDCAD stands at 2.26 as nearly 69% of traders are long. Yesterday, the ratio was at 3.28 as 77% of open positions were long. In detail, long positions are 14.1% lower than yesterday and 26.7% weaker since last week. Short positions are 24.8% higher than yesterday and 51.3% stronger since last week. Open interest is 5.0% weaker than yesterday and 3.8% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
USDCHF - The ratio of long to short positions in the USDCHF stands at 2.16 as nearly 68% of traders are long. Yesterday, the ratio was at 4.07 as 80% of open positions were long. In detail, long positions are 24.5% lower than yesterday and 36.3% weaker since last week. Short positions are 42.3% higher than yesterday and 76.2% stronger since last week. Open interest is 11.3% weaker than yesterday and 17.7% below its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
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