FOREX ALERTS >>
DailyFX Plus Login

chf ssi

Article

Forex Traders Unsure of Forecasts for Swiss Franc
Tuesday, 02 September 2008 14:30:32 GMT  |  Antonio Sousa, Chief Strategist
Delicious
Facebook

USD/CHF Ratio: -1.22
Signal: Bullish

USDCHF –The ratio of long to short positions in the USDCHF stands at -1.22 as nearly 55% of traders are short. However, since last week, retail has been buying the USDCHF (long positions are up by 13.9%). When retail is short but reduces its exposure, the long term direction remains bullish but the market might have some downside in the short term.

SSI5_8-28

More Articles

Feedback Form