AUD/USD Sentiment:
Retail dealer information reveals that 78.72% of merchants are net-long, with a ratio of 3.70 lengthy merchants for each quick dealer. The variety of net-long merchants has elevated by 5.45% since yesterday and 34.21% since final week. Conversely, net-short merchants have decreased by 14.05% since yesterday and 49.63% since final week.
Adopting a contrarian view to crowd sentiment, the dominance of net-long merchants suggests AUD/USD costs might proceed to fall. The rise in net-long positions on each day by day and weekly scales reinforces this bearish outlook for AUD/USD.
GBP/USD Sentiment:
Retail dealer information exhibits that 37.63% of merchants are net-long, with a ratio of 1.66 quick merchants for each lengthy dealer. Internet-long merchants have elevated by 2.27% since yesterday and 9.89% since final week. Internet-short merchants have decreased by 8.01% since yesterday and 11.81% since final week.
Whereas a contrarian view to crowd sentiment suggests GBP/USD costs might proceed to rise because of the majority being net-short, latest adjustments in sentiment point out a possible downward reversal within the present GBP/USD worth development.
USD/JPY Sentiment:
Retail dealer information signifies that 41.56% of merchants are net-long, with a ratio of 1.41 quick merchants for each lengthy dealer. Internet-long merchants have elevated by 4.29% since yesterday and 8.00% since final week. Internet-short merchants have decreased by 7.01% since yesterday and 16.85% since final week.
Though a contrarian view to crowd sentiment suggests USD/JPY costs might proceed to rise because of the majority being net-short, latest adjustments in sentiment warn of a possible downward reversal within the present USD/JPY worth development.
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