DOLLAR INDEX Statistics: SPECULATORS | COMMERCIALS
– Percent of OI Longs: 77 | 4
– Percent of OI Shorts: 18 | 75
– Net Position: 34,457 | -41,942
– Gross Longs: 45,189 | 2,157
– Gross Shorts: 10,732 | 44,099
– DXY Level Readings: Extreme Bullish | Extreme Bearish
Scenario A: As mentioned above, a possible rejection could reverse the trend downward.
Scenario B: The dollar rate could consolidate.
Scenario C: The dollar could be driven higher by next week's news.
Recommendation: best to stay on the sidelines for now, as the areas are dangerously crowded for speculators."
– Percent of OI Longs: 77 | 4
– Percent of OI Shorts: 18 | 75
– Net Position: 34,457 | -41,942
– Gross Longs: 45,189 | 2,157
– Gross Shorts: 10,732 | 44,099
– DXY Level Readings: Extreme Bullish | Extreme Bearish
Scenario A: As mentioned above, a possible rejection could reverse the trend downward.
Scenario B: The dollar rate could consolidate.
Scenario C: The dollar could be driven higher by next week's news.
Recommendation: best to stay on the sidelines for now, as the areas are dangerously crowded for speculators."
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.