Friday, October 28, 2011

Retail Trader Positioning 28th October – EURUSD on fire

USDJPY continues to push the high 80s in terms of percentage of traders long. AUDUSD with 59.55% of retail traders short has pushed into the long bias zone.
The warm and fuzzy glow left after the Euro summit agreements has given the EUR a lot of strength with EURGBP and EURUSD now in the strong long zones with 66.48% and 66.71% of traders short respectively. Conversely the CHF safe haven is very much in play even against EUR strength, 71.69% of retail traders are long EURCHF we remain

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