00 GMT when NZD/USD traded near 0.62.
- May 28, 2024
- Category: Blockchain
Number of traders net-short has increased by 7.77% from last week.
| SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
|---|---|---|---|---|---|---|
|
Daily Weekly |
Daily Weekly |
Daily Weekly |
NZD/USD : In fact, traders have remained net-short since Feb 27 when NZD / USD traded near 0.62, price has moved 0.53% higher since then. The number of traders net-long is 9.92% lower than yesterday and 45.36% lower from last week, while the number of traders net-short is 3.74% higher than yesterday and 7.77% higher from last week.
Our data shows traders are now net-short NZD/USD for the first time since Feb 27, 2024 18:00 GMT when NZD/USD traded near 0.62. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger NZD/USD-bullish contrarian trading bias.