USD/CAD ratio: 1.11
Trading Forecast: Bearish

USDCAD – The ratio of long to short positions in the USDCAD stands at 1.11 as nearly 53% of traders are long. Yesterday, the ratio was at 1.11 as 53% of open positions were long. In detail, long positions are 1.2% higher than yesterday and 23.6% stronger since last week. Short positions are 0.4% higher than yesterday and 20.8% stronger since last week. Open interest is 0.8% stronger than yesterday and 11.7% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses. The SSI is a contrarian indicator and signals more USDCAD gains. Tell us and other traders what you think in our forex forum.