USDCHF – The ratio of long to short positions in the USDCHF stands at 1.10 as nearly 52% of traders are long. Yesterday, the ratio was at 1.10 as 52% of open positions were long. In detail, long positions are 41.9% higher than yesterday and 16.7% stronger since last week. Short positions are 40.9% higher than yesterday and 54.6% weaker since last week. Open interest is 41.4% stronger than yesterday and 48.0% below its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses. Our forex trading signals previously went short the USD/CHF for sizeable profits, but the strategies now hold a weaker bias.
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