Our data shows traders are now net-short EUR/USD for the first time since Jun 16, 2021 when EUR/USD traded near 1.20.

  


EUR/USD Client Positioning

Number of traders net-short has increased by 30.87% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI


EUR/USD

BULLISH

48.51%

51.49%

-1.14%
Daily

-18.59%
Weekly

20.49%
Daily

30.87%
Weekly

8.93%
Daily

1.08%
Weekly

EUR/USD: Retail trader data shows 48.51% of traders are net-long with the ratio of traders short to long at 1.06 to 1. In fact, traders have remained net-short since Jun 16 when EUR/USD traded near 1.20, price has moved 0.55% lower since then. The number of traders net-long is 1.14% lower than yesterday and 18.59% lower from last week, while the number of traders net-short is 20.49% higher than yesterday and 30.87% 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 Jun 16, 2021 when EUR/USD traded near 1.20. 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.





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