The indicator of the positioning of FXCM, the SSI (Speculative Sentiment Index) shows that traders are at 76% of sellers on USD/CAD.
Traders at FXCM are currently at 76% of sellers on USD/CAD, so the pair can have a hard time to go lower and risk is back on the rise.
What is the SSI from FXCM ?
The SSI (Speculative Sentiment Index) FXCM PLUS is an excellent tool enabling you to measure the positioning and the general feeling of traders on the Forex market. This tool can help you decide on the positioning of your trades.
For more information and to install the indicator directly on your trading platform TS 2, allowing you to track in real time, visit the dedicated page of FXCM.
Check out also the set of indicators proposed by FXCM.
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