• Sep 04 - Forex Traders Remain Bearish, Signal Rallies
• Sep 02 - Forex Traders Unsure of Forecasts for Swiss Franc
• Aug 21 - Forex Traders Remain Bearish, Signal Rallies
• Aug 14 - Trading Signals Prove Accurate with FXCM SSI
• Aug 11 - Trading Signals Prove Accurate with FXCM SSI
• Aug 01 - USDCHF SSI Holds Net Negative After Marking A Major Channel Break
• Jul 17 - USDCHF Longs Rise Despite The Failure Of A Triple Bottom
• Jul 11 - Support Leads USDCHF Towards Parity, Open Interest Plunging
• Jul 03 - USDCHF Open Interest Surges 30% As Positioning Flips To Longs
• Jun 26 - SSI Suggests The Window For An Upside USDCHF Breakout Is Closing
• Jun 19 - A Shift In Positioning Revives USDCHF Breakout Potential
• Jun 12 - USDCHF Positioning Hovers Near Parity As Range Holds
• Jun 05 - USDCHF SSI Holds Near Parity As Pair Falters At Resistance
• May 29 - Traders Increasing Their Shorts As USDCHF Approaches Resistance
• May 22 - USDCHF SSI Drops From Extreme To Parity As Trend Falters
• May 15 - USDCHF Ratio Eases Suggesting Upside Potential Fading
• May 08 - USDCHF SSI Cooling But Still A Strong Sign For Bulls
• May 01 - Bullish SSI Signal Intensifies For USDCHF
• Apr 24 - Negative USDCHF SSI Holding Extremes With Pair’s Rally
• Apr 17 - Net Short Positioning Builds, Boosting Upside Potential

USDCHF – While most of the majors have fallen into ranges, none of the pairs have been contained by congestive price action quiet as long as the USDCAD. Working on its eighth month of restrained rallies and rebuffed selloffs, retail positioning behind the pair is still relatively muted as the speculative community struggles to call turning points in an otherwise choppy range. Recently, there has been a notable trend behind a growing, positive bias in sentiment since the flip after June 10th's reversal. This week, the sentiment ratio rose to a 2.13 reading from 1.79 with nearly 68% of the pool holding long positions. We have seen retail traders consistently fight the trend; and quickly cut positions when price action finally reverses in their direction; and it looks like traders are doing the same thing this time around. In detail, long positions are a modest 0.3% higher since yesterday and a sharp 21.1% higher on the week. On the other side of the trade, shorts rose 0.5% and contracted 23% from last week’s levels. On the whole, net interest grew a meager 4.1% and was 2.1% below the monthly average.