USD/CHF Ratio: -1.24 Signal: Bullish
USDCHF – Forex positioning in the USDCHF is broadly unchanged on the week, as the ratio of long to short currency trader positions in the forex pair currently stands at -1.51. Yesterday, the ratio was at -1.29 as 56% of open positions were short. In detail, long positions are 0.8% lower than yesterday and 24.3% weaker since last week. Short positions are 14.6% higher than yesterday and 4.0% stronger since last week. Typically when we see that forex traders are short the USDCHF and continue selling, this gives signal that the US dollar may rally against the Swiss Franc through short term trading. Keep up to date on the Swiss Franc in our currency rooms.