USDCAD – The ratio of long to short positions in the USDCAD stands at 2.53 as nearly 72% of traders are long. Yesterday, the ratio was at 1.74 as 63% of open positions were long. In detail, long positions are 22.0% higher than yesterday and 20.2% stronger since last week. Short positions are 16.0% lower than yesterday and 19.9% weaker since last week. Open interest is 8.1% stronger than yesterday and 11.3% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
