USD/CAD Ratio: 2.09 Signal: Bearish
USDCAD - The ratio of long to short positions in the USDCAD stands at 2.09 as nearly 68% of traders are long. Yesterday, the ratio was at 2.00 as 67% of open positions were long. In detail, long positions are 2.7% lower than yesterday and 2.0% weaker since last week. Short positions are 6.8% lower than yesterday and 11.5% stronger since last week. Open interest is 4.1% weaker than yesterday and 0.4% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.