SSI ratio 12 May 2010

SSI: EURUSD Ratio Flips Following 37% Jump in Retail Shorts

Wednesday, 12 May 2010 09:14 GMT

Written by Michael Wright

FXCM Speculative Sentiment Index (SSI) Statistics: Como interpretar el SSI, en pocas palabras este ratio es un indicador contradictorio, esto quiere decir que si la mayoria o si hay un alto porcentaje de traders que están operando en venta-short, o largo-compra uno deberia tratar de posicionarse a la inversa. En el caso del Euro Dolar, está creciendo el porcentaje de traders que se están posicionando a la venta, entonces, deberiamos estar pendientes para una oportunidad de compra un posible rebote. de eso se trata este indicador. http://tumercadoforex.blogspot.com/ SSI Details: EURUSD - The ratio of long to short positions in the EURUSD stands at -1.02 as nearly 50% of traders are short. Yesterday, the ratio was at 1.35 as 57% of open positions were long. In detail, long positions are 0.2% lower than yesterday and 26.8% weaker since last week. Short positions are 37.2% higher than yesterday and 37.0% stronger since last week. Open interest is 15.7% stronger than yesterday and 2.5% below its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains. GBPUSD - The ratio of long to short positions in the GBPUSD stands at -1.03 as nearly 51% of traders are short. Yesterday, the ratio was at -1.07 as 52% of open positions were short. In detail, long positions are 0.5% higher than yesterday and 32.0% weaker since last week. Short positions are 3.8% lower than yesterday and 4.5% weaker since last week. Open interest is 1.7% weaker than yesterday and 17.3% below its monthly average. The SSI is a contrarian indicator and signals more GBPUSD gains. GBPJPY - The ratio of long to short positions in the GBPJPY stands at 1.18 as nearly 54% of traders are long. Yesterday, the ratio was at 1.21 as 55% of open positions were long. In detail, long positions are 0.2% lower than yesterday and 22.5% weaker since last week. Short positions are 2.4% higher than yesterday and 21.0% weaker since last week. Open interest is 1.0% stronger than yesterday and 18.4% below its monthly average. The SSI is a contrarian indicator and signals more GBPJPY losses. USDJPY - The ratio of long to short positions in the USDJPY stands at 1.85 as nearly 65% of traders are long. Yesterday, the ratio was at 1.86 as 65% of open positions were long. In detail, long positions are 0.7% higher than yesterday and 27.9% weaker since last week. Short positions are 1.3% higher than yesterday and 13.4% weaker since last week. Open interest is 0.9% stronger than yesterday and 22.6% below its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses. USDCAD - The ratio of long to short positions in the USDCAD stands at 2.18 as nearly 69% of traders are long. Yesterday, the ratio was at 1.75 as 64% of open positions were long. In detail, long positions are 2.7% higher than yesterday and 1.2% weaker since last week. Short positions are 17.4% lower than yesterday and 47.7% weaker since last week. Open interest is 4.6% weaker than yesterday and 22.6% below its monthly average. The SSI is a contrarian indicator and signals more USDCAD losses. USDCHF - The ratio of long to short positions in the USDCHF stands at -1.04 as nearly 51% of traders are short. Yesterday, the ratio was at -1.31 as 57% of open positions were short. In detail, long positions are 0.2% higher than yesterday and 5.9% stronger since last week. Short positions are 20.8% lower than yesterday and 55.6% weaker since last week. Open interest is 11.7% weaker than yesterday and 31.6% below its monthly average. The SSI is a contrarian indicator and signals more USDCHF gains. AUDUSD - The ratio of long to short positions in the AUDUSD stands at 1.57 as nearly 61% of traders are long. Yesterday, the ratio was at 1.70 as 63% of open positions were long. In detail, long positions are 0.7% lower than yesterday and 33.6% weaker since last week. Short positions are 7.3% higher than yesterday and 2.8% stronger since last week. Open interest is 2.2% stronger than yesterday and 6.7% below its monthly average. The SSI is a contrarian indicator and signals more AUDUSD losses. NZDUSD - The ratio of long to short positions in the NZDUSD stands at -1.09 as nearly 52% of traders are short. Yesterday, the ratio was at 1.10 as 52% of open positions were long. In detail, long positions are 12.7% lower than yesterday and 25.2% weaker since last week. Short positions are 4.3% higher than yesterday and 5.7% weaker since last week. Open interest is 4.6% weaker than yesterday and 7.6% below its monthly average. The SSI is a contrarian indicator and signals more NZDUSD gains.