USD/CAD: Ratio: 1.89
Signal: Bearish
Currency Last Week Present % Long % Change in Positions Outstanding Signal USDCAD + 2.31 +1.89 65% -1.53% Bearish
USDCAD - The ratio of long to short positions in the USDCAD stands at 2.00 as nearly 67% of traders are long. Yesterday, the ratio was at 1.74 as 63% of open positions were long. In detail, long positions are 6.9% higher than yesterday and 1.8% weaker since last week. Short positions are 7.1% lower than yesterday and 1.9% stronger since last week. Open interest is 1.8% stronger than yesterday and 12.8% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.