Our knowledge reveals merchants are actually at their least net-long EUR/CHF since Nov 20 when EUR/CHF traded close to 1.08.

News For Forex 0 March 5, 2021 2:21 pm

Variety of merchants net-short has elevated by 27.34% from final week. SYMBOL

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Variety of merchants net-short has elevated by 27.34% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

EUR/CHF

BULLISH

40.00%

60.00%

-18.62%
Every day

-0.84%
Weekly

8.59%
Every day

27.34%
Weekly

-4.22%
Every day

14.34%
Weekly

EUR/CHF: Retail dealer knowledge reveals 40.00% of merchants are net-long with the ratio of merchants brief to lengthy…

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AUTHOR: News For Forex

The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the Credit market.

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Our knowledge reveals merchants are actually at their least net-long EUR/CHF since Nov 20 when EUR/CHF traded close to 1.08.

Variety of merchants net-short has elevated by 27.34% from final week.

AUTHOR: News For Forex

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