Euro SSI Points To Further Loses For A Third Straight Week
- EURUSD - Euro SSI Points To Further Loses For A Third Straight Week
- GBPUSD - Positioning Flips As GBPUSD Looks For Direction On A Break Of 1.96
- USDJPY - Traders Split On USDJPY As Pair Consolidates
- USDCHF - USDCHF SSI Cooling But Still A Strong Sign For Bulls
- USDCAD - Range Still Rules USDCAD, SSI Direction Remains Weak
Historical Charts of Speculative Positioning
EURUSD
The consensus is still out on whether the EURUSD is seeing the beginnings of a major reversal, but the Speculative Sentiment Index has now entered its third week with a net positive reading. On the other hand, while we hadn’t even seen a net positive reading since the final quarter of 2006 until recently, the positioning report is still very mild. With a ratio of 1.10, only 52% of the retail traders polled are long…..
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Friday, May 9th, 2008 at 8:24 am
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