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Thread: Trader Sentiment and Positioning
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Old 08-21-2007, 12:36 PM
Antonio Sousa Antonio Sousa is offline
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EURUSD Positioning Signals more range trade in the days ahead
According to our dealing data, current positioning in the EURUSD is very close to Parity.

The ratio of long to short positions in the EURUSD stands at -1.04 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 4.7% higher than yesterday and 16.5% weaker since last week. Short positions are 0.1% lower than yesterday and 20.8% weaker since last week. Open interest is 2.2% stronger than yesterday and 12.1% below its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.
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