Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account
DailyFX Home / Forex Technical Analysis / Speculative Sentiment Index

SSI: The Speculative Sentiment Index

Symbol LastWeek Present %Long Change:
Open Interest
Signals Chart Links

The SSI is reported Every Thursday at DailyFX.com and twice every trading day inside DailyFX PLUS.


AUD/USD Still Biased Lower as Crowd Retains Longs

AUD/USD Still Biased Lower as Crowd Retains Longs

AUDUSD - The ratio of long to short positions in the AUDUSD stands at 2.51 as 72% of traders are long. We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the AUDUSD may continue lower. The trading crowd has grown further net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further bearish trading bias.

How do we interpret the SSI? Watch an FXCM Expo Presentation that explains the SSI.

--- Written by Christopher Vecchio, Currency Strategist

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

To be added to Christopher’s e-mail distribution list, please fill out this form



Latest Topics in the DailyFX Forums

GBP and JPY Pairs
by JerryPan
Today at 04:15
GBP and JPY Pairs
by Martin Kay
Today at 03:56
Elliott Wave Trading Discussi...
by brad_1199
Today at 01:14
Elliott Wave Trading Discussi...
by apipintime
Yesterday at 22:59

Resources