EUR/USD Forex Sentiment

Long
37%
Short
63%
Bullish
Strong Bullish contrarian indicator

Our contrarian indicator detected a shift in the Forex sentiment. After the majority of traders were buying the market for many consecutive days, a change in the sentiment has occurred and the bias shifted to short and continued to remain so for the past days. In combination with the price moving upwards, this creates a bullish indicator.

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EUR/USD
May-17 2024
1.08672
1.08786
1.08358
1.08697
37%
63%

Please note the price and sentiment information displayed in the chart is not real time and may have a delay of a few hours. We provide it in the hope that it will help you devise a trading strategy by offering a longer term view while comparing the price and the sentiment evolution, but we don't recommend to rely solely on it when trading.

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