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EURUSD - The ratio of long to short positions in the EURUSD stands at -1.10 as nearly 52% of traders are short.

Thursday, 20 December 2007 09:39:30 GMT

Written by Antonio Sousa, Quantitative Strategies Analyst

EUR/USD Ratio: -1.10

Signal: Bullish

EURUSD - The ratio of long to short positions in the EURUSD stands at -1.10 as nearly 52% of traders are short. Yesterday, the ratio was at -1.10 as 52% of open positions were short. In detail, long positions are 0.7% higher than yesterday and 8.8% weaker since last week. Short positions are 0.5% higher than yesterday and 14.1% weaker since last week. Open interest is 0.6% stronger than yesterday and 4.4% below its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.

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