Number of traders net-short has increased by 37.36% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
|
Daily Weekly |
Daily Weekly |
Daily Weekly |
USD/CAD : In fact, traders have remained net-short since Feb 15 when USD / CAD traded near 1.35, price has moved 0.25% higher since then. The number of traders net-long is 12.80% lower than yesterday and 16.74% lower from last week, while the number of traders net-short is 5.34% higher than yesterday and 37.36% higher from last week.
Our data shows traders are now net-short USD/CAD for the first time since Feb 15, 2024 14:00 GMT when USD/CAD traded near 1.35. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading bias.