Number of merchants net-short has decreased by 29.28% from final week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
USD/CHF |
BEARISH |
82.49% |
17.51% |
15.08%
29.40% |
-15.79%
-29.28% |
8.14%
12.98% |
USD/CHF: Retail dealer information exhibits 82.49% of merchants are net-long with the ratio of merchants lengthy to brief at 4.71 to 1. Our information exhibits merchants are actually at their most net-long USD/CHF since Jun 10 when USD/CHF traded close to 0.89. The variety of merchants net-long is 15.08% larger than yesterday and 29.40% larger from final week, whereas the variety of merchants net-short is 15.79% decrease than yesterday and 29.28% decrease from final week.
We sometimes take a contrarian view to crowd sentiment, and the very fact merchants are net-long suggests USD/CHF costs might proceed to fall.
Traders are additional net-long than yesterday and final week, and the mix of present sentiment and up to date adjustments provides us a stronger USD/CHF-bearish contrarian buying and selling bias.
aspect contained in the aspect. This might be not what you meant to do!
Load your software’s JavaScript bundle contained in the aspect as an alternative.
