USD/CAD Ratio: 2.28
Signal: Bearish
| Currency | Last Week | Present* | % Long | % Change in Positions Outstanding | Signal |
| USDCAD | 1.90 | 2.28 | 69% | 3.54% | Bearish |
USDCAD – The ratio of long to short positions in the USDCAD stands at 2.27 as nearly 69% of traders are long. Yesterday, the ratio was at 2.18 as 69% of open positions were long. In detail, long positions are 3.8% higher than yesterday and 5.6% stronger since last week. Short positions are 0.5% lower than yesterday and 0.8% weaker since last week. Open interest is 2.4% stronger than yesterday and 0.8% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
