FXCM

SSI Positioning for Australian Dollar

Friday August 1, 12:43 PM

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AUD/USD Ratio: 2.25
Signal: Bearish



AUDUSD - The ratio of long to short positions in the AUDUSD stands at 2.25 as nearly 69% of traders are long. Yesterday, the ratio was at 2.22 as 69% of open positions were long. In detail, long positions are 3.0% higher than yesterday and 13.9% stronger since last week. Short positions are 1.6% higher than yesterday and 6.0% weaker since last week. Open interest is 2.5% stronger than yesterday and 13.0% above its monthly average. The SSI is a contrarian indicator and signals more AUDUSD losses.



Source:John Kicklighter, Currency Analyst strategist@dailyfx.com

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