EUR/USD Client Positioning

Number of traders net-short has increased by 18.97% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI


EUR/USD

BULLISH

49.85%

50.15%

-12.22%
Daily

-27.11%
Weekly

-1.43%
Daily

18.97%
Weekly

-7.12%
Daily

-9.53%
Weekly

EUR/USD: Retail trader data shows 49.85% of traders are net-long with the ratio of traders short to long at 1.01 to 1. In fact, traders have remained net-short since Feb 23 when EUR/USD traded near 1.13, price has moved 8.63% lower since then. The number of traders net-long is 12.22% lower than yesterday and 27.11% lower from last week, while the number of traders net-short is 1.43% lower than yesterday and 18.97% higher from last week.

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

Our data shows traders are now net-short EUR/USD for the first time since Feb 23, 2022 when EUR/USD traded near 1.13. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bullish contrarian trading bias.





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