At the Close. Retail positioning shift persists in EUR/USD.

17:57CET

The market seems to have started something new as the shift in retail positioning in EUR/USD persists and the unit loses much of its ground, although still barely holding above dynamic support line around 1.3930. The EUR case, however, still remains rather unique at the moment as the other majors still show net long-USD positioning on them. The day is not over yet, but with Tuesday being a USD-selling day, we may not be over of this round against the USD if the market remains as it is.

Nov 8, 2010 17:40 GMT+0100
READING %LONG / %SHORT

   1. AUD/USD
      43.64% 56.36%
   2. EUR/CHF
      53.45% 46.55%
   3. EUR/GBP
      39.27% 60.73%
   4. EUR/JPY
      63.48% 36.52%
   5. EUR/USD
      51.93% 48.07%
   6. GBP/JPY
      62.98% 37.02%
   7. GBP/USD
      45.89% 54.11%
   8. USD/CAD
      70.58% 29.42%
   9. USD/CHF
      68.72% 31.28%
  10. USD/JPY
      77.91% 22.09%

Posted via email from MT4