Skip to content
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
USD/CHF IG Client Sentiment: Our data shows traders are now net-short USD/CHF for the first time since Sep 09, 2022 when USD/CHF traded near 0.96.

USD/CHF IG Client Sentiment: Our data shows traders are now net-short USD/CHF for the first time since Sep 09, 2022 when USD/CHF traded near 0.96.

Research, Research Team
USD/CHF Client Positioning

Number of traders net-short has increased by 6.52% from last week.

SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI
USD/CHFBULLISH49.22%50.78%

-38.51% Daily

-34.03% Weekly

11.36% Daily

6.52% Weekly

-20.41% Daily

-18.22% Weekly

USD/CHF: Retail trader data shows 49.22% of traders are net-long with the ratio of traders short to long at 1.03 to 1. In fact, traders have remained net-short since Sep 09 when USD/CHF traded near 0.96, price has moved 1.93% higher since then. The number of traders net-long is 38.51% lower than yesterday and 34.03% lower from last week, while the number of traders net-short is 11.36% higher than yesterday and 6.52% higher from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests USD/CHF prices may continue to rise.

Our data shows traders are now net-short USD/CHF for the first time since Sep 09, 2022 when USD/CHF traded near 0.96. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bullish contrarian trading bias.

Advertisement

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

DISCLOSURES