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Thread: Trader Sentiment and Positioning

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#155 (permalink)

09-14-2007, 09:44 AM

Antonio Sousa Antonio Sousa is offline

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FXCM SSI - Trading Signals

EURUSD 1.38703 -2.23 31% Bullish
GBPUSD 2.00965 1.17 54% Bearish
USDJPY 114.612 1.72 63% Bearish
USDCHF 1.18705 2.79 74% Bearish
USDCAD 1.03067 4.92 83% Bearish

The ratio of long to short positions in the EURUSD stands at -2.23 as nearly 69% of traders are short. Yesterday, the ratio was at -2.45 as 71% of open positions were short. In detail, long positions are 8.3% higher than yesterday and 27.3% stronger since last week. Short positions are 1.5% lower than yesterday and 22.3% stronger since last week. Open interest is 1.3% stronger than yesterday and 12.4% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.

Source: FXCM Dealing desk

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