USD/CAD Ratio: 2.37
Signal: Bearish
USDCAD - The ratio of long to short positions in the USDCAD stands at 2.37 as nearly 70% of traders are long. Yesterday, the ratio was at 2.35 as 70% of open positions were long. In detail, long positions are 1.0% higher than yesterday and 12.4% stronger since last week. Short positions are 0.2% lower than yesterday and 20.8% weaker since last week. Open interest is 0.6% stronger than yesterday and 3.7% above its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses.
