SSI contrarian indicator for today (19:50 GMT):
EURUSD - The ratio of long to short positions in the EURUSD stands at -1.92 as nearly 66% of traders are short. Yesterday, the ratio was at -1.34 as 57% of open positions were short. In detail, long positions are 14.9% lower than yesterday and 24.8% weaker since last week. Short positions are 21.8% higher than yesterday and 26.9% stronger since last week. Open interest is 6.1% stronger than yesterday and 1.6% below 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 -3.11 as nearly 76% of traders are short. Yesterday, the ratio was at 1.18 as 54% of open positions were long. In detail, long positions are 52.8% lower than yesterday and 8.2% weaker since last week. Short positions are 73.8% higher than yesterday and 64.8% stronger since last week. Open interest is 5.1% stronger than yesterday and 7.0% above its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.
EURUSD - The ratio of long to short positions in the EURUSD stands at -1.92 as nearly 66% of traders are short. Yesterday, the ratio was at -1.34 as 57% of open positions were short. In detail, long positions are 14.9% lower than yesterday and 24.8% weaker since last week. Short positions are 21.8% higher than yesterday and 26.9% stronger since last week. Open interest is 6.1% stronger than yesterday and 1.6% below 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 -3.11 as nearly 76% of traders are short. Yesterday, the ratio was at 1.18 as 54% of open positions were long. In detail, long positions are 52.8% lower than yesterday and 8.2% weaker since last week. Short positions are 73.8% higher than yesterday and 64.8% stronger since last week. Open interest is 5.1% stronger than yesterday and 7.0% above its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains.