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
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
Bullish
Gold
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
Bullish
Bitcoin
Bearish
More View more
Real Time News
  • Forex Update: As of 03:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.14% 🇦🇺AUD: 0.11% 🇨🇦CAD: 0.09% 🇬🇧GBP: 0.00% 🇨🇭CHF: -0.01% 🇯🇵JPY: -0.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/GhLoASjGfG
  • China reportedly mulling cash injections and mergers to aide local airlines adversely impacted by the #coronavirus outbreak -BBG
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.04%, while traders in France 40 are at opposite extremes with 81.26%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/A25EJZ6YHA
  • RT @Trinhnomics: #Headline: Chinese companies say they can't afford workers right now. So if companies don't pay workers (reduce input cos…
  • The $USD may reclaim some of its lost territory against the Swedish Krona and Norwegian Krone ahead of the release of the #FOMC minutes and Iran election. Get your market update from @ZabelinDimitri here: https://t.co/KjkR8mJu8s https://t.co/E3Sw7xO8Nh
  • Asia Pacific Equities Update: Nikkei 225 (+0.61%), Shanghai Composite (-0.05%), ASX 200 (+0.18%), KOSPI (+0.06%) [delayed] -BBG
  • If you missed this week's session on IG Client Sentiment where I discussed the outlook for $USDCAD, $EURUSD and $GBPJPY, check out the recording on YouTube below and stay tuned for a write-up later today! - https://t.co/EMDwJz3bzO
  • The #JapaneseYen continues to struggle against the #USDollar but there seems little appetite to push #USDJPY much beyond a range which has tended to reassert itself since late last year. #EURJPY https://www.dailyfx.com/forex/technical/home/analysis/usd-jpy/2020/02/19/Japanese-Yen-Holds-US-Dollar-Close-to-Key-Range-Top.html?utm_source=Twitter&utm_medium=Cottle&utm_campaign=twr
  • RT @YuanTalks: #China confirmed 1749 new cases of coronavirus, taking the total number of confirmed cases to 74,185 as of Tue, and the numb…
  • The $NZD may default back to the dominant downtrend against its US counterpart after a seemingly spirited recovery has ground to a halt. Get your market update from @IlyaSpivak here:https://t.co/LX4J53SnHQ https://t.co/O1ST0E4tQE
Canadian Dollar Forecast Calls for Pullbacks

Canadian Dollar Forecast Calls for Pullbacks

2010-07-01 15:24:00
David Rodriguez, Head of Product
Share:

SSI 10-07-01_usdcad

USDCAD – The ratio of long to short positions in the USDCAD stands at -1.08 as nearly 52% of traders are short. Yesterday, the ratio was at -1.17 as 54% of open positions were short. In detail, long positions are 2.3% lower than yesterday and 20.5% weaker since last week. Short positions are 9.7% lower than yesterday and 1.6% weaker since last week. Open interest is 6.3% weaker than yesterday and 7.0% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD gains.

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

DISCLOSURES

News & Analysis at your fingertips.