DislikedG'day patience,
according to the SSI, the E/U short seems good to go, I still cant understand the SSI reading on U/Chf (it shows bearish move),my be all the retailers hope for SNB to intervene and make them rich in one second!!
I think U/Chf will go up even without the interventionIgnored
SSI: Retail USDCAD Short Positioning Surges 74% on a Failed Run on 1.02
Tuesday, 23 Mar 2010 18:02 GMT
Written by John Kicklighter
FXCM Speculative Sentiment Index (SSI) Statistics:
Intraday Highlight:
USDCAD - The ratio of long to short positions in the USDCAD stands at 1.49 as nearly 60% of traders are long. Yesterday, the ratio was at 2.59 as 72% of open positions were long. In detail, long positions are 1.0% lower than yesterday and 18.4% weaker since last week. Short positions are 72.9% higher than yesterday and 127.7% stronger since last week. Open interest is 19.6% stronger than yesterday and 29.2% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
SSI Details:
EURUSD - The ratio of long to short positions in the EURUSD stands at 1.27 as nearly 56% of traders are long. Yesterday, the ratio was at 1.16 as 54% of open positions were long. In detail, long positions are 8.3% higher than yesterday and 28.3% stronger since last week. Short positions are 0.8% lower than yesterday and 26.3% weaker since last week. Open interest is 4.1% stronger than yesterday and 1.3% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD losses.
GBPUSD - The ratio of long to short positions in the GBPUSD stands at 1.21 as nearly 55% of traders are long. Yesterday, the ratio was at 1.02 as 51% of open positions were long. In detail, long positions are 9.1% higher than yesterday and 27.9% stronger since last week. Short positions are 8.0% lower than yesterday and 25.5% weaker since last week. Open interest is 0.6% stronger than yesterday and 5.2% above its monthly average. The SSI is a contrarian indicator and signals more GBPUSD losses.
GBPJPY - The ratio of long to short positions in the GBPJPY stands at 1.48 as nearly 60% of traders are long. Yesterday, the ratio was at 1.51 as 60% of open positions were long. In detail, long positions are 0.5% higher than yesterday and 22.0% stronger since last week. Short positions are 2.7% higher than yesterday and 18.7% weaker since last week. Open interest is 1.4% stronger than yesterday and 9.5% 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 2.05 as nearly 67% of traders are long. Yesterday, the ratio was at 1.99 as 67% of open positions were long. In detail, long positions are 0.4% higher than yesterday and 3.4% stronger since last week. Short positions are 2.4% lower than yesterday and 4.3% weaker since last week. Open interest is 0.5% weaker than yesterday and 3.6% 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 4.28 as nearly 81% of traders are long. Yesterday, the ratio was at 3.69 as 79% of open positions were long. In detail, long positions are 3.3% higher than yesterday and 8.5% stronger since last week. Short positions are 11.1% lower than yesterday and 8.2% weaker since last week. Open interest is 0.2% stronger than yesterday and 37.2% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
AUDUSD - The ratio of long to short positions in the AUDUSD stands at -1.53 as nearly 60% of traders are short. Yesterday, the ratio was at -1.67 as 63% of open positions were short. In detail, long positions are 2.0% higher than yesterday and 15.3% stronger since last week. Short positions are 6.8% lower than yesterday and 0.4% weaker since last week. Open interest is 3.5% weaker than yesterday and 4.9% 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 1.16 as nearly 54% of traders are long. Yesterday, the ratio was at 1.07 as 52% of open positions were long. In detail, long positions are 12.5% higher than yesterday and 16.1% stronger since last week. Short positions are 3.9% higher than yesterday and 27.8% weaker since last week. Open interest is 8.3% stronger than yesterday and 4.0% below its monthly average. The SSI is a contrarian indicator and signals more NZDUSD losses.
Nothing worth having is easy.