Number of traders net-short has decreased by 21.63% from last week.

SYMBOL	TRADING BIAS	NET-LONG%	NET-SHORT%	CHANGE IN LONGS	CHANGE IN SHORTS	CHANGE IN OI
EUR/USD	BEARISH	50.71%	49.29%	7.80% Daily 6.61% Weekly	-15.54% Daily -21.63% Weekly	-5.12% Daily -9.47% Weekly

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

Change in	Longs	Shorts	OI
Daily	6%	-12%	-4%
Weekly	9%	-16%	-6%

What could changes and extremes in retail trading signal for the market? EUR/USD: Retail trader data shows 50.71% of traders are net-long with the ratio of traders long to short at 1.03 to 1. In fact, traders have remained net-long since Jul 03 when EUR/USD traded near 1.08, price has moved 0.02% lower since then. The number of traders net-long is 7.80% higher than yesterday and 6.61% higher from last week, while the number of traders net-short is 15.54% lower than yesterday and 21.63% 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 Jul 03, 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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