Are retail traders long or short EUR/USD?

As of June 6, 2026, 65% of retail traders are long EUR/USD and 35% are short, blended across the Myfxbook and Dukascopy crowds.

What percentage of retail traders are long gold?

As of June 6, 2026, 69% of retail traders are long gold (XAU/USD) and 31% are short, blended across the Myfxbook and Dukascopy crowds.

Is retail forex sentiment a contrarian indicator?

Retail crowd positioning is widely used as a contrarian indicator. When the retail crowd is heavily one-sided — especially against institutional positioning such as CFTC speculators and bank consensus — the crowded trade has historically tended to unwind, moving price the other way.

What is the difference between Myfxbook and Dukascopy positioning?

Myfxbook Community Outlook tracks live long/short positions across the Myfxbook network of retail accounts; Dukascopy SWFX reflects positioning at the Dukascopy marketplace. We blend the two into a single cross-broker consensus per instrument — where both crowds agree, the signal is firmer.

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Retail Positioning

Where the retail crowd is long & short

Name: Retail FX crowd positioning — live long/short (Myfxbook + Dukascopy blended)
Creator: FX Bank Forecast
License: https://fxbankforecast.com/terms
Keywords: retail forex sentiment, crowd positioning, contrarian indicator, retail vs institutional, Myfxbook, Dukascopy SWFX

As of June 6, 2026, retail traders are most crowded long on NZD/USD (80% long) and most crowded short on USD/TRY (86% short), blended across the Myfxbook and Dukascopy crowds. The crowd diverges from the bank + CFTC consensus on 7 instruments — a contrarian setup on each.

28Instruments

2Broker sources

7Contrarian setups

Smart money vs crowd

Where the crowd opposes the banks & specs

Retail crowd direction lined up against CFTC speculative positioning and sell-side bank consensus, on one axis — bullish or bearish the currency versus the dollar. When the crowd is heavily one-sided against both institutional reads, the crowded trade is a candidate to fade.

Retail crowd positioning compared with CFTC speculative positioning and sell-side bank consensus for major currencies versus the US dollar, with a contrarian signal where the crowd opposes both institutional reads.
Currency	Retail crowd	Specs · CFTC	Banks	Signal
NZD/USD	Bullish80% long / 20% short	—	Bearish	DivergentCrowd long vs bank consensus
AUD/USD	Bearish41% long / 59% short	Bullish	Bullish	DivergentCrowd short — banks & specs both bullish
USD/JPY	Bullish26% long / 74% short	Bearish	Bullish	MildCrowd long vs CFTC specs
USD/CAD	Bullish30% long / 70% short	Bearish	Bullish	MildCrowd long vs CFTC specs
EUR/USD	Bullish65% long / 35% short	Bullish	Bearish	MildCrowd long vs bank consensus
GBP/USD	Bullish64% long / 36% short	Bullish	Bearish	MildCrowd long vs bank consensus
USD/CHF	Bearish64% long / 36% short	Bearish	Bullish	MildCrowd short vs bank consensus
USD/MXN	Bearish52% long / 48% short	—	Bearish	AlignedAligned with smart money

Contrarian setups

Most one-sided crowd trades right now

Pairs where retail is most heavily positioned against the institutional consensus, strongest signal first.

NZD/USDDivergent

80% long20% short

Crowd long vs bank consensus

AUD/USDDivergent

41% long59% short

Crowd short — banks & specs both bullish

USD/JPYMild

26% long74% short

Crowd long vs CFTC specs

USD/CADMild

30% long70% short

Crowd long vs CFTC specs

EUR/USDMild

65% long35% short

Crowd long vs bank consensus

GBP/USDMild

64% long36% short

Crowd long vs bank consensus

USD/CHFMild

64% long36% short

Crowd short vs bank consensus

Full crowd table

Retail long / short — FX majors, EM & crosses

Live crowd positioning blended across the Myfxbook and Dukascopy crowds. Net = percentage points net long the pair.

Retail crowd long/short positioning per instrument, blended across the Myfxbook and Dukascopy crowds. Net = percentage points net long.
Instrument	Crowd long / short	Net	Detail
FX Majors
NZD/USD	80% long20% short	+59	Detail →
USD/JPY	26% long74% short	-48	Detail →
USD/CAD	30% long70% short	-39	Detail →
EUR/USD	65% long35% short	+30	Detail →
GBP/USD	64% long36% short	+29	Detail →
USD/CHF	64% long36% short	+29	Detail →
AUD/USD	41% long59% short	-17	Detail →
EM FX
USD/TRY	14% long86% short	-72	Detail →
USD/ZAR	26% long74% short	-48	Detail →
USD/MXN	52% long48% short	+3	Detail →
FX Crosses
EUR/NZD	21% long79% short	-57	Detail →
AUD/NZD	21% long79% short	-57	Detail →
GBP/JPY	70% long30% short	+41	Detail →
AUD/JPY	36% long64% short	-28	Detail →
EUR/CAD	37% long63% short	-26	Detail →
EUR/GBP	63% long37% short	+26	Detail →
GBP/CHF	62% long38% short	+24	Detail →
EUR/AUD	40% long60% short	-20	Detail →
NZD/JPY	59% long41% short	+19	Detail →
EUR/JPY	58% long42% short	+16	Detail →
EUR/CHF	57% long43% short	+14	Detail →
CHF/JPY	43% long57% short	-14	Detail →
CAD/JPY	53% long47% short	+6	Detail →
GBP/CAD	52% long48% short	+3	Detail →

Broker breakdown

Myfxbook vs Dukascopy — where the crowds agree

The two broker crowds side by side. Where both lean the same way, the cross-broker consensus is firmer; where they split, retail sentiment is contested.

AUD/JPYBrokers agree

Dukascopy27% / 73%

Myfxbook45% / 55%

AUD/NZDBrokers agree

Dukascopy33% / 67%

Myfxbook10% / 90%

AUD/USDBrokers agree

Dukascopy36% / 64%

Myfxbook47% / 53%

CAD/JPYBrokers split

Dukascopy57% / 43%

Myfxbook49% / 51%

CHF/JPYBrokers split

Dukascopy63% / 37%

Myfxbook23% / 77%

EUR/AUDBrokers agree

Dukascopy36% / 64%

Myfxbook44% / 56%

EUR/CADBrokers agree

Dukascopy30% / 70%

Myfxbook44% / 56%

EUR/CHFBrokers split

Dukascopy70% / 30%

Myfxbook44% / 56%

EUR/GBPBrokers agree

Dukascopy63% / 37%

Myfxbook63% / 37%

EUR/JPYBrokers split

Dukascopy74% / 26%

Myfxbook42% / 58%

EUR/NZDBrokers agree

Dukascopy29% / 72%

Myfxbook14% / 86%

EUR/USDBrokers agree

Dukascopy65% / 35%

Myfxbook65% / 35%

GBP/CADBrokers split

Dukascopy73% / 27%

Myfxbook30% / 70%

GBP/CHFBrokers agree

Dukascopy71% / 29%

Myfxbook53% / 47%

GBP/JPYBrokers agree

Dukascopy71% / 29%

Myfxbook70% / 30%

GBP/USDBrokers agree

Dukascopy69% / 31%

Myfxbook60% / 40%

Gold (XAU/USD)Brokers agree

Dukascopy71% / 30%

Myfxbook67% / 33%

NZD/JPYBrokers split

Dukascopy37% / 63%

Myfxbook82% / 18%

NZD/USDBrokers agree

Dukascopy70% / 30%

Myfxbook89% / 11%

Silver (XAG/USD)Brokers agree

Dukascopy72% / 28%

Myfxbook69% / 31%

USD/CADBrokers agree

Dukascopy48% / 52%

Myfxbook13% / 87%

USD/CHFBrokers agree

Dukascopy74% / 26%

Myfxbook55% / 45%

USD/JPYBrokers agree

Dukascopy31% / 69%

Myfxbook21% / 79%

USD/MXNBrokers split

Dukascopy54% / 46%

Myfxbook49% / 51%

USD/TRYBrokers agree

Dukascopy28% / 72%

Myfxbook0% / 100%

USD/ZARBrokers agree

Dukascopy34% / 66%

Myfxbook18% / 82%

WTI CrudeBrokers split

Dukascopy59% / 41%

Myfxbook0% / 100%

Brent CrudeSingle source

Dukascopy41% / 59%

Commodities

Retail positioning in gold, silver & oil

Crowd long/short for metals and energy — the part of the picture the FX-only consensus table can't show.

Retail crowd long/short positioning per instrument, blended across the Myfxbook and Dukascopy crowds. Net = percentage points net long.
Instrument	Crowd long / short	Net	Detail
Metals
Silver	70% long30% short	+41	Detail →
Gold	69% long31% short	+38	Detail →
Energy
WTI	30% long70% short	-41	Detail →
Brent1 src	41% long59% short	-18	Detail →

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