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Abstract:Analyse current trader sentiment and discover who is going long and short, the percentage change over time, and whether market signals are bullish or bearish.
Retail trader data shows 25.76% of EUR/USD traders are net-long with the ratio of traders short to long at 2.88 to 1.The number of traders net-long is 12.88% higher than yesterday and 17.56% lower from last week, while the number of traders net-short is 0.68% higher than yesterday and 19.41% 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. Positioning is less net-short than yesterday but more net-short from last week. The combination of current sentiment and recent changes gives us a
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.