USD/CHF Ratio: 1.35
Signal: Bearish
| Currency | Last Week | Present* | % Long | % Change in Positions Outstanding | Signal |
| USD/CHF | 1.42 | 1.35 | 57% | -1.81% | Bearish |
USDCHF – The SSI reading for USDCHF has held relatively stable since the beginning of the year. A 1.35 reading compares to the 1.42 print from a week ago and 1.55 figure from a week ago. As we would expect, the steady positioning coincides to little change open interest. From yesterday, open interest is 1.4% weaker and is 1.7% below its monthly average. Looking further into the ratio’s details, long positions are 7.1% lower than yesterday and 7.1% weaker than a week ago. Short positions have grown 7.5% from Wednesday and are 6.1% stronger than last week.
