EURUSD – Our forex trading signals have gone aggressively short the Euro against the US Dollar, as a sharp shift in crowd sentiment suggests further EURUSD losses are likely. The ratio of long to short positions in the EURUSD stands at 1.31 as nearly 57% of traders are long. In detail, long positions are 1.4% higher than yesterday and an impressive 61.4% higher since last week. Short positions are 10.9% higher than yesterday and 8.6% weaker since last week. Traders had previously remained net-short as the Euro rallied to 1.4300, but the aggressive flip to net-long suggests further pullback is likely.
