Number of traders net-short has increased by 1.13% from last 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 |
Change in | Longs | Shorts | OI |
Daily | -27% | 16% | -10% |
Weekly | -14% | 1% | -7% |
EUR/USD: Retail trader data shows 48.95% of traders are net-long with the ratio of traders short to long at 1.04 to 1. In fact, traders have remained net-short since Nov 07 when EUR/USD traded near 1.07, price has moved 1.09% higher since then. The number of traders net-long is 27.45% lower than yesterday and 13.69% lower from last week, while the number of traders net-short is 16.11% higher than yesterday and 1.13% higher from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests EUR/USD prices may continue to rise.
Our data shows traders are now net-short EUR/USD for the first time since Nov 07, 2023 11:00 GMT when EUR/USD traded near 1.07. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.
ارسال نظر شما
مجموع نظرات : 0 در انتظار بررسی : 0 انتشار یافته : ۰