USD/CHF ratio: 1.30
Trading Forecast: Bearish

USDCHF –The ratio of long to short positions in the USDCHF stands at -1.09 as nearly 52% of traders are short. Yesterday, the ratio was at 1.32 as 57% of open positions were long. In detail, long positions are 31.0% lower than yesterday and 10.2% weaker since last week. Short positions are 1.4% lower than yesterday and 30.6% stronger since last week. Open interest is 18.2% weaker than yesterday and 11.6% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF gains. The SSI is a contrarian indicator and signals more USDCHF losses. Our forex trading signals are accordingly short the USD/CHF.