USD/CHF Ratio: -1.60
Signal: Bullish
| Currency | Last Week | Present* | % Long | % Change in Positions Outstanding | Signal |
| USDCHF | -1.52 | -1.60 | 38% | -10.05% | Bullish |
USDCHF – Our SSI currency trading signals forecasted that the USDCHF would gain as of the middle of July. The pair has since rallied over 400 pips—confirming the accuracy of the SSI’s contrarian trading signals. The ratio of long to short positions in the USDCHF currently stands at -1.60 as nearly 62% of traders are short. Since last week, short positions have actually gained 34.1 percent and long positions have fallen by 22.8 percent. Given continued willingness to sell USDCHF rallies, the SSI suggests that we should actually look to buy dips in the USDCHF through the short term. See all Swiss Franc technical and fundamental analysis in our currency rooms.
