Our knowledge reveals merchants at the moment are net-short EUR/USD for the primary time since Aug 30, 2023 when EUR/USD traded close to 1.09.

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Number of merchants net-short has elevated by 40.48% from final week.

EUR/USD BULLISH 49.70% 50.30%

-11.28% Daily

-27.05% Weekly

10.41% Daily

40.48% Weekly

-1.55% Daily

-3.78% Weekly

of purchasers are internet lengthy.

of purchasers are internet quick.

Change in Longs Shorts OI
Daily -19% 25% 0%
Weekly -27% 41% -2%

EUR/USD: Retail dealer knowledge reveals 49.70% of merchants are net-long with the ratio of merchants quick to lengthy at 1.01 to 1. In truth, merchants have remained net-short since Aug 30 when EUR/USD traded close to 1.09, value has moved 1.73% decrease since then. The variety of merchants net-long is 11.28% decrease than yesterday and 27.05% decrease from final week, whereas the variety of merchants net-short is 10.41% greater than yesterday and 40.48% greater from final week.

We sometimes take a contrarian view to crowd sentiment, and the actual fact merchants are net-short suggests EUR/USD costs might proceed to rise.

Our knowledge reveals merchants at the moment are net-short EUR/USD for the primary time since Aug 30, 2023 when EUR/USD traded close to 1.09. Traders are additional net-short than yesterday and final week, and the mix of present sentiment and up to date modifications offers us a stronger EUR/USD-bullish contrarian buying and selling bias.

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