Number of traders net-short has increased by 13.36% from last week.

SYMBOL	TRADING BIAS	NET-LONG%	NET-SHORT%	CHANGE IN LONGS	CHANGE IN SHORTS	CHANGE IN OI
EUR/USD	BULLISH	48.57%	51.43%	-19.55% Daily -15.37% Weekly	18.69% Daily 13.36% Weekly	-3.57% Daily -2.69% Weekly

EUR/USD Bullish Data provided by of clients are net long. of clients are net short.

Change in	Longs	Shorts	OI
Daily	-16%	17%	-2%
Weekly	-13%	10%	-3%

What could changes and extremes in retail trading signal for the market? EUR/USD: Retail trader data shows 48.57% of traders are net-long with the ratio of traders short to long at 1.06 to 1. In fact, traders have remained net-short since Mar 21 when EUR/USD traded near 1.09, price has moved 0.27% lower since then. The number of traders net-long is 19.55% lower than yesterday and 15.37% lower from last week, while the number of traders net-short is 18.69% higher than yesterday and 13.36% 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 Mar 21, 2024 when EUR/USD traded near 1.09. 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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