Euro Forecast Remains Unclear Ahead of NFPs
EURUSD – The ratio of long to short positions in the EURUSD stands at -1.09 as nearly 52% of traders are short. Yesterday, the ratio was at -1.45 as 59% of open positions were short. In detail, long positions are 24.1% higher than yesterday and 20.4% stronger since last week. Short positions are 6.7% lower than yesterday and 27.0% stronger since last week. Open interest is 5.9% stronger than yesterday and 21.8% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.
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