Euro SSI Flips For The First Time Since 2006

In "Dailyfx.com":

It has finally happened. The EURUSD Speculative Sentiment Index flipped to a net positive reading of 1.14. Encouraged by a sharp yet steady drop in the pair below a major rising trend, this momentous shift in positioning offers the first signs of a major reversal after more than two years of a solid bull trend. With nearly 53% percent of traders holding long positions, this reading is still somewhat weak, but no doubt reflects early profit taking on breakout trades and overrun limit and stop orders.

- EURUSD – Euro SSI Flips For The First Time Since 2006
- GBPUSD – Range Bound Pound Sees Another Positioning Flip
- USDJPY – Contrarian Reading Points To Stronger USDJPY Advance
- USDCHF – Negative USDCHF SSI Holding Extremes With Pair’s Rally
- USDCAD – USDCAD Positioning Little Changed As Range Holds

 

Artigo completo em: http://www.dailyfx.com/story/topheadline/Euro_SSI_Flips_For_The_1209056780285.html