USD/CAD Ratio: 2.24
Signal: Bearish
| Currency | Last Week | Present* | % Long | % Change in Positions Outstanding | Signal |
| USDCAD | 2.09 | 2.24 | 69% | 3.47% | Bearish |
USDCAD - The ratio of long to short positions in the USDCAD stands at 2.25 as nearly 69% of traders are long. Yesterday, the ratio was at 2.29 as 70% of open positions were long. In detail, long positions are 2.0% lower than yesterday and 3.7% stronger since last week. Short positions are 0.2% lower than yesterday and 3.2% stronger since last week. Open interest is 1.4% weaker than yesterday and 1.4% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
