USD/CHF IG Client Sentiment: Our data shows traders are now at their most net-long USD/CHF since Jan 04 when USD/CHF traded near 0.93.

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Number of traders net-short has decreased by 31.91% from last week.

SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI
USD/CHF BEARISH 85.94% 14.06%

13.54% Daily

12.45% Weekly

-26.15% Daily

-31.91% Weekly

5.56% Daily

3.02% Weekly

USD/CHF: Retail trader data shows 85.94% of traders are net-long with the ratio of traders long to short at 6.11 to 1. Our data shows traders are now at their most net-long USD/CHF since Jan 04 when USD/CHF traded near 0.93. The number of traders net-long is 13.54% higher than yesterday and 12.45% higher from last week, while the number of traders net-short is 26.15% lower than yesterday and 31.91% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests USD/CHF prices may continue to fall.

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CHF-bearish contrarian trading bias.





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