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Swiss Franc Trading Bias Strongly Bullish on Sentiment
Friday, 18 September 2009 15:13:26 GMT  |  David Rodriguez, Quantitative Strategist
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USDCHF - The ratio of long to short positions in the USDCHF stands at 5.39 as nearly 84% of traders are long. Yesterday, the ratio was at 4.93 as 83% of open positions were long. In detail, long positions are 6.5% lower than yesterday and 16.7% stronger since last week. Short positions are 14.4% lower than yesterday and 16.2% stronger since last week. Open interest is 7.8% weaker than yesterday and 27.9% above its monthly average. The SSI is a contrarian indicator and signals more USDCHF losses.

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