Number of traders net-short has decreased by 10.36% from last week.

SYMBOL	TRADING BIAS	NET-LONG%	NET-SHORT%	CHANGE IN LONGS	CHANGE IN SHORTS	CHANGE IN OI
EUR/USD	BEARISH	51.09%	48.91%	33.72% Daily 10.17% Weekly	-24.49% Daily -10.36% Weekly	-2.89% Daily -0.92% Weekly

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

Change in	Longs	Shorts	OI
Daily	34%	-24%	-3%
Weekly	10%	-10%	-1%

What could changes and extremes in retail trading signal for the market? EUR/USD: Retail trader data shows 51.09% of traders are net-long with the ratio of traders long to short at 1.04 to 1. In fact, traders have remained net-long since May 09 when EUR/USD traded near 1.08, price has moved 0.24% higher since then. The number of traders net-long is 33.72% higher than yesterday and 10.17% higher from last week, while the number of traders net-short is 24.49% lower than yesterday and 10.36% lower from last week.

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

Our data shows traders are now net-long EUR/USD for the first time since May 09, 2024 when EUR/USD traded near 1.08. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/USD-bearish contrarian trading bias.

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