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.


Australian Dollar at Potential Turning Point

Australian Dollar at Potential Turning Point

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

AUDUSD - The ratio of long to short positions in the AUDUSD stands at -1.14 as 47% of traders are long. Yesterday the ratio was -1.18; 46% of open positions were long. Long positions are 3.4% lower than yesterday and 2.1% above levels seen last week. Short positions are 6.4% lower than yesterday and 18.1% above levels seen last week. Open interest is 5.0% lower than yesterday and 9.0% above its monthly average. We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are short gives signal that the AUDUSD may continue higher.

Yet we would ideally see a stronger shift towards crowd selling before getting long the AUDUSD.

See next currency section:NZDUSD - New Zealand Dollar Rally Looks in Danger

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

Australian Dollar at Potential Turning Point

Automate our SSI-based trading strategies via Mirror Trader free of charge

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at http://www.twitter.com/DRodriguezFX