News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
France 40 IG Client Sentiment: Our data shows traders are now at their most net-long France 40 since Mar 04 when France 40 traded near 6,076.20.

France 40 IG Client Sentiment: Our data shows traders are now at their most net-long France 40 since Mar 04 when France 40 traded near 6,076.20.

Research, Research Team
France 40 Client Positioning

Number of traders net-short has decreased by 43.68% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

France 40

BEARISH

78.73%

21.27%

11.24% Daily

49.44% Weekly

-13.31% Daily

-43.68% Weekly

4.92% Daily

10.56% Weekly

France 40: Retail trader data shows 78.73% of traders are net-long with the ratio of traders long to short at 3.70 to 1. Our data shows traders are now at their most net-long France 40 since Mar 04 when France 40 traded near 6,076.20. The number of traders net-long is 11.24% higher than yesterday and 49.44% higher from last week, while the number of traders net-short is 13.31% lower than yesterday and 43.68% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests France 40 prices may continue to fall.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian trading bias.

Advertisement

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES