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
Oil - US Crude
Bearish
Wall Street
Mixed
Gold
Bearish
GBP/USD
Bullish
USD/JPY
Bearish
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.40%, while traders in US 500 are at opposite extremes with 78.11%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/BjVYnfsHXz
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Gold: 0.62% Silver: 0.36% Oil - US Crude: -1.52% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/llYX3VfKF3
  • $EURGBP: A close above the high end of the zone cancels the last bearish signal and could trigger a rally towards 0.9015. Get your EUR/GBP technical analysis from @malkudsi here: https://t.co/vrZ2LODXky https://t.co/h1ksnzHtlO
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.14% 🇯🇵JPY: -0.03% 🇳🇿NZD: -0.04% 🇪🇺EUR: -0.23% 🇬🇧GBP: -0.28% 🇦🇺AUD: -0.39% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/XaAYYsiHDf
  • $EURGBP: los avances encuentran resistencia ante la reunión monetaria del #BCE #PEPP #trading https://t.co/qgCAFZm8xO
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: FTSE 100: -0.57% US 500: -0.61% Wall Street: -0.63% France 40: -0.76% Germany 30: -0.79% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/587ISZaa3R
  • BoE's Executive Director Hauser says negative rates won't happen in the near-term even if it decided it is right thing to do $GBP
  • 🇬🇷 GDP Growth Rate QoQ Actual: -1.6% Previous: -0.7% https://www.dailyfx.com/economic-calendar#2020-06-04
  • 🇬🇷 GDP Growth Rate YoY Actual: -0.9% Previous: 1% https://www.dailyfx.com/economic-calendar#2020-06-04
  • Heads Up:🇬🇷 GDP Growth Rate QoQ due at 09:00 GMT (15min) Previous: -0.7% https://www.dailyfx.com/economic-calendar#2020-06-04
EUR/USD: Weekly Long Positions Climb 13%

EUR/USD: Weekly Long Positions Climb 13%

2018-11-06 19:30:00
Jake Schoenleb,
Share:
EUR/USD: Weekly Long Positions Climb 13%

63% of Retail Traders are Net-Long

EURUSD: Retail trader data shows 63.1% of traders are net-long with the ratio of traders long to short at 1.71 to 1. In fact, traders have remained net-long since Oct 01 when EURUSD traded near 1.16344; price has moved 2.1% lower since then. The number of traders net-long is 13.5% higher than yesterday and 0.2% higher from last week, while the number of traders net-short is 4.4% higher than yesterday and 1.9% higher from last week.

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

Mixed Bias Lurks Over EUR/USD

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests EURUSD prices may continue to fall. Positioning is more net-long than yesterday but less net-long from last week. The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.

Having trouble developing your strategy? Here’s the #1 mistake that traders make.

--- 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.