Our data shows traders are now at their least net-long USD/CAD since Mar 12 when USD/CAD traded near 1.38.

USD/CAD Client Positioning

Number of traders net-short has increased by 43.24% from last week.

SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI
USD/CAD BULLISH 20.42% 79.58%

-17.52% Daily

-30.32% Weekly

4.88% Daily

43.24% Weekly

-0.63% Daily

17.83% Weekly




of clients are net long.




of clients are net short.

Change in Longs Shorts OI
Daily -18% 5% -1%
Weekly -30% 43% 18%

USD/CAD: Retail trader data shows 20.42% of traders are net-long with the ratio of traders short to long at 3.90 to 1. Our data shows traders are now at their least net-long USD/CAD since Mar 12 when USD/CAD traded near 1.38. The number of traders net-long is 17.52% lower than yesterday and 30.32% lower from last week, while the number of traders net-short is 4.88% higher than yesterday and 43.24% higher from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests USD/CAD prices may continue to rise.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bullish contrarian trading bias.



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