EUR/USD short positions up 15.6% since yesterday
The Speculative Sentiment Index (SSI) is a contrarian indicator and the fact traders are selling EUR/USD is a bullish signal for the pair. Note in the image above how the price action of the EUR/USD candles tends to mirror the histogram of short positioning in the pair.
The Speculative Sentiment Index (SSI) is a contrarian indicator and the fact traders are selling EUR/USD is a bullish signal for the pair. Note in the image above how the price action of the EUR/USD candles tends to mirror the histogram of short positioning in the pair.