FX retailers' positioning at this hour

11:40CET

This is how things stand at this hour, hopefully AUD/USD shorts will leave parity in favor of longs soon, and a USD propelling across the board will be seen. By the way, Gold's right shoulder of the H&S mentioned in 4hr chart keeps forming, has not been negated, and if we see the unit below 1,330 we may have some real fireworks. We are talking of a major mid-term shift here.

Oct 29, 2010 11:20 GMT+0200
READING: %SHORTS-%LONGS
   1. AUD/USD
      48.53% 51.47%
   2. EUR/CHF
      59.06% 40.94%
   3. EUR/GBP
      46.62% 53.38%
   4. EUR/JPY
      60.05% 39.95%
   5. EUR/USD
      41.61% 58.39%
   6. GBP/JPY
      62.90% 37.10%
   7. GBP/USD
      35.17% 64.83%
   8. USD/CAD
      61.46% 38.54%
   9. USD/CHF
      75.93% 24.07%
  10. USD/JPY
      82.02% 17.98%

Posted via email from MT4