USDCHF – Our forex trading signals are effectively flat the USDCHF as sharp shifts in sentiment have made forecasts unclear.The ratio of long to short positions in the USDCHF stands at 3.21 as nearly 76% of traders are long. Yesterday, the ratio was at 2.70 as 73% of open positions were long. In detail, long positions are 5.4% higher than yesterday and 11.4% weaker since last week. Short positions are 11.2% lower than yesterday and 12.3% weaker since last week. Open interest is 0.9% stronger than yesterday and 82.0% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.
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