Number of merchants net-short has elevated by 1.13% from final week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
| EUR/USD | BULLISH | 48.95% | 51.05% |
-27.45% Daily -13.69% Weekly |
16.11% Daily 1.13% Weekly |
-10.27% Daily -6.71% Weekly |
of purchasers are internet lengthy.
of purchasers are internet quick.
| Change in | Longs | Shorts | OI |
| Daily | -34% | 24% | -10% |
| Weekly | -29% | 22% | -7% |
EUR/USD: Retail dealer information reveals 48.95% of merchants are net-long with the ratio of merchants quick to lengthy at 1.04 to 1. In truth, merchants have remained net-short since Nov 07 when EUR/USD traded close to 1.07, value has moved 1.09% greater since then. The variety of merchants net-long is 27.45% decrease than yesterday and 13.69% decrease from final week, whereas the variety of merchants net-short is 16.11% greater than yesterday and 1.13% 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 could proceed to rise.
Our information reveals merchants at the moment are net-short EUR/USD for the primary time since Nov 07, 2023 11:00 GMT when EUR/USD traded close to 1.07. Traders are additional net-short than yesterday and final week, and the mixture of present sentiment and up to date modifications provides us a stronger EUR/USD-bullish contrarian buying and selling bias.
factor contained in the factor. This might be not what you meant to do!
Load your utility’s JavaScript bundle contained in the factor as a substitute.
