Technical data

Our data shows that traders are now net short in USD/CHF for the first time since June 16, 2022, when USD/CHF was trading near 0.97.

The number of net-short traders increased by 22.84% compared to last week.

SYMBOL

TRADE BIAS

NET-LONG %

NET-SHORT%

CHANGE OF LENGTHS

SHORTS CHANGE

IO CHANGE

USD/CHF

BULLISH

49.27%

50.73%

-10.98%
Daily

-36.31%
Weekly

18.05%
Daily

22.84%
Weekly

1.71%
Daily

-15.72%
Weekly

USD/CHF: Retail trader data shows that 49.27% ​​of traders are net long with a short to long trader ratio of 1.03 to 1. In fact, traders have been net short since June 16, when USD/CHF was trading near 0.97, the price is up 0.91% since then. The number of net long traders is 10.98% lower than yesterday and 36.31% lower than last week, while the number of net short traders is 18.05% higher than yesterday. yesterday and 22.84% higher than last week.

We generally take a view contrary to the sentiment of the crowds, and the fact that traders are net short suggests that USD/CHF prices may continue to rise.

Our data shows that traders are now net short in USD/CHF for the first time since June 16, 2022, when USD/CHF was trading near 0.97. Traders are even sharper than yesterday and last week, and the combination of current sentiment and recent shifts gives us a stronger USD/CHF bullish contrarian trading bias.

element inside the

element. That’s probably not what you wanted to do! Upload your application’s JavaScript bundle to the item instead.