Our knowledge reveals merchants at the moment are net-long EUR/USD for the primary time since Feb 18, 2021 when EUR/USD traded close to 1.21.

News For Forex 0 March 1, 2021 4:11 pm

Variety of merchants net-short has decreased by 23.21% from final week. SYMBOL

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Our information exhibits merchants at the moment are net-short GBP/JPY for the primary time since Jun 26, 2020 when GBP/JPY traded close to 132.21.

Variety of merchants net-short has decreased by 23.21% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

EUR/USD

BEARISH

50.01%

49.99%

28.61%
Each day

11.28%
Weekly

15.68%
Each day

-23.21%
Weekly

21.80%
Each day

-9.12%
Weekly

EUR/USD: Retail dealer knowledge reveals 50.01% of merchants are net-long with the ratio of merchants lengthy to quick…

www.dailyfx.com

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 at the moment are net-long EUR/USD for the primary time since Feb 18, 2021 when EUR/USD traded close to 1.21.

Variety of merchants net-short has decreased by 23.21% from final week.

AUTHOR: News For Forex

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