EUR/USD: the data shows 48.04% of traders are net-long with the ratio of traders short to long at 1.08 to 1. In fact, traders have remained net-short since May 06 when EUR/USD traded near 1.08, price has moved 1.12% higher since then. The number of traders net-long is 18.80% lower than yesterday and 30.12% lower from last week, while the number of traders net-short is 32.06% higher than yesterday and 10.47% higher from last week.
I typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests EUR/USD prices may continue to rise.
The data shows traders are now net-short EUR/USD for the first time since May 06, 2020 when EUR/USD traded near 1.08. 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.
إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.
اترك رسالتك الآن