Number of traders net-short has increased by 34.45% from last week.

SYMBOL	TRADING BIAS	NET-LONG%	NET-SHORT%	CHANGE IN LONGS	CHANGE IN SHORTS	CHANGE IN OI
EUR/USD	BULLISH	49.62%	50.38%	-10.03% Daily -25.02% Weekly	26.47% Daily 34.45% Weekly	5.28% Daily -3.52% Weekly

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

Change in	Longs	Shorts	OI
Daily	-10%	26%	5%
Weekly	-25%	34%	-4%

What could changes and extremes in retail trading signal for the market? EUR/USD: Retail trader data shows 49.62% of traders are net-long with the ratio of traders short to long at 1.02 to 1. In fact, traders have remained net-short since Jun 13 when EUR/USD traded near 1.07, price has moved 0.15% higher since then. The number of traders net-long is 10.03% lower than yesterday and 25.02% lower from last week, while the number of traders net-short is 26.47% higher than yesterday and 34.45% 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 Jun 13, 2024 when EUR/USD traded near 1.07. 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.

Advertisement