00 GMT when EUR/USD traded near 1.10.

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Number of merchants net-short has decreased by 8.66% from final week.

SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI
EUR/USD BEARISH 52.61% 47.39%

40.80% Daily

23.02% Weekly

-17.24% Daily

-8.66% Weekly

5.68% Daily

5.65% Weekly




of purchasers are web lengthy.




of purchasers are web quick.

Change in Longs Shorts OI
Daily 40% -13% 9%
Weekly 48% -11% 12%

EUR/USD: Retail dealer knowledge exhibits 52.61% of merchants are net-long with the ratio of merchants lengthy to quick at 1.11 to 1. In reality, merchants have remained net-long since May 02 when EUR/USD traded near 1.10, value has moved 0.45% decrease since then. The variety of merchants net-long is 40.80% larger than yesterday and 23.02% larger from final week, whereas the variety of merchants net-short is 17.24% decrease than yesterday and eight.66% decrease from final week.

We sometimes take a contrarian view to crowd sentiment, and the actual fact merchants are net-long suggests EUR/USD costs could proceed to fall.

Our knowledge exhibits merchants at the moment are net-long EUR/USD for the primary time since May 02, 2023 02:00 GMT when EUR/USD traded near 1.10. Traders are additional net-long than yesterday and final week, and the mixture of present sentiment and up to date adjustments provides us a stronger EUR/USD-bearish contrarian buying and selling bias.





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