SSI Details:
EURUSD - The ratio of long to short positions in the EURUSD stands at -1.48 as nearly 60% of traders are short. Yesterday, the ratio was at -1.44 as 59% of open positions were short. In detail, long positions are 1.9% higher than yesterday and 5.8% weaker since last week. Short positions are 4.3% higher than yesterday and 0.9% stronger since last week. Open interest is 3.3% stronger than yesterday and 7.0% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.
GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.07 as nearly 52% of traders are short. Yesterday, the ratio was at -1.06 as 52% of open positions were short. In detail, long positions are 1.6% higher than yesterday and 29.9% weaker since last week. Short positions are 2.2% higher than yesterday and 36.7% stronger since last week. Open interest is 1.9% stronger than yesterday and 13.4% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.
GBPJPY - The ratio of long to short positions in the GBPJPY stands at 2.13 as nearly 68% of traders are long. Yesterday, the ratio was at 2.42 as 71% of open positions were long. In detail, long positions are 0.9% lower than yesterday and 6.2% stronger since last week. Short positions are 12.3% higher than yesterday and 21.7% stronger since last week. Open interest is 3.0% stronger than yesterday and 14.1% above its monthly average. The SSI is a contrarian indicator and signals more GBPJPY losses.
USDJPY - The ratio of long to short positions in the USDJPY stands at 5.66 as nearly 85% of traders are long. Yesterday, the ratio was at 5.47 as 85% of open positions were long. In detail, long positions are 1.7% higher than yesterday and 13.8% stronger since last week. Short positions are 1.7% lower than yesterday and 2.9% stronger since last week. Open interest is 1.2% stronger than yesterday and 0.2% below its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.
USDCHF - The ratio of long to short positions in the USDCHF stands at 1.15 as nearly 53% of traders are long. Yesterday, the ratio was at 1.07 as 52% of open positions were long. In detail, long positions are 16.0% higher than yesterday and 25.8% stronger since last week. Short positions are 8.2% higher than yesterday and 0.1% stronger since last week. Open interest is 12.3% stronger than yesterday and 4.7% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
USDCAD - The ratio of long to short positions in the USDCAD stands at 1.02 as nearly 50% of traders are long. Yesterday, the ratio was at 1.06 as 52% of open positions were long. In detail, long positions are 0.6% lower than yesterday and 47.3% stronger since last week. Short positions are 3.9% higher than yesterday and 8.6% weaker since last week. Open interest is 1.6% stronger than yesterday and 0.4% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
AUDUSD - The ratio of long to short positions in the AUDUSD stands at -1.59 as nearly 61% of traders are short. Yesterday, the ratio was at -1.70 as 63% of open positions were short. In detail, long positions are 9.0% higher than yesterday and 16.5% weaker since last week. Short positions are 2.0% higher than yesterday and 72.6% stronger since last week. Open interest is 4.6% stronger than yesterday and 19.0% above its monthly average. The SSI is a contrarian indicator and signals more AUDUSD gains.
NZDUSD - The ratio of long to short positions in the NZDUSD stands at -1.22 as nearly 55% of traders are short. Yesterday, the ratio was at -1.26 as 56% of open positions were short. In detail, long positions are 6.8% lower than yesterday and 30.1% weaker since last week. Short positions are 9.7% lower than yesterday and 27.4% stronger since last week. Open interest is 8.4% weaker than yesterday and 9.9% below its monthly average. The SSI is a contrarian indicator and signals more NZDUSD gains.