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WB: Euro Forecast Modestly Bullish Against USD
 
EURUSD – The ratio of long to short positions in the EURUSD stands at -1.22 as nearly 55% of traders are short. Yesterday, the ratio was at -1.11 as 53% of open positions were short. In detail, long positions are 2.1% lower than yesterday and 2.2% stronger since last week. Short positions are 7.5% higher than yesterday and 13.8% stronger since last week. Open interest is 3.0% stronger than yesterday and 4.1% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.



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