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.

Free Trading Guides
EUR/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Bitcoin
Mixed
More View more
Real Time News
  • RT @business: The “giant risk event" that is the 2020 election makes hedging a good bet, according to TD Securities https://t.co/mAzcRlaqJQ
  • The Bank of Canada’s recent dovish-shift seemingly remains the driving force behind the Canadian Dollar’s weakness. Get your market update from @PeterHanksFX here:https://t.co/0LOTOD35xq https://t.co/7euiMTLTV4
  • RT @business: Inside the PBOC’s struggle to balance China’s growth and debt https://t.co/IIIWgFeLNZ
  • $USDCHF Daily Pivot Points: S3: 0.99 S2: 0.9903 S1: 0.9905 R1: 0.9908 R2: 0.991 R3: 0.9914 https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • @ZabelinDimitri I wonder the spurious correlation between carbon emissions and sovereign yields 🤔 cc: @tracyalloway
  • $USDJPY Daily Pivot Points: S3: 108.37 S2: 108.43 S1: 108.46 R1: 108.52 R2: 108.56 R3: 108.62 https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • Trundlers and blockers...early exit to the pavilion https://t.co/SMXfmTLvp7
  • Heads up, traders: #FOMC minutes will be released with along with the ECB🇪🇺 and Swedish🇸🇪 financial stability reports💸 over the next 24 hours. What's your take on the market reaction after the minutes are published?
  • $GBPUSD Daily Pivot Points: S3: 1.2912 S2: 1.2918 S1: 1.2921 R1: 1.2927 R2: 1.293 R3: 1.2936 https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • Huh, the #Riksbank dumped its holdings of Australian and Canadian bonds on the basis that their carbon emissions are too high.
EUR/USD: Traders Hope for a Bounce Despite 2018 Lows

EUR/USD: Traders Hope for a Bounce Despite 2018 Lows

2018-08-13 15:30:00
Jake Schoenleb,
Share:
EUR/USD: Traders Hope for a Bounce Despite 2018 Lows

Long & Short Positions Decrease This Week

EURUSD: Retail trader data shows 60.3% of traders are net-long with the ratio of traders long to short at 1.52 to 1. In fact, traders have remained net-long since Aug 01 when EURUSD traded near 1.16629; price has moved 2.1% lower since then. The number of traders net-long is 0.1% higher than yesterday and 9.8% lower from last week, while the number of traders net-short is 2.8% higher than yesterday and 5.1% lower from last week.

To gain more insight to how we use sentiment to power our trading, join us for our weekly Trading Sentiment webinar.

EUR/USD Sentiment Induces a Bullish Bias

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests EURUSD prices may continue to fall. Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current EURUSD price trend may soon reverse higher despite the fact traders remain net-long.

--- Written by Jake Schoenleb, DailyFX Research

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

DISCLOSURES

News & Analysis at your fingertips.