FOREX ALERTS >>
DailyFX Plus Login

jpy cot

Article

COT 04/06
Monday, 06 April 2009 20:11:09 GMT  |  Jamie Saettele, Senior Currency Strategist
Delicious
Facebook

JPY:  The 13 week index is at 0. 

04_06_09 - cot - 7

This indicates that commercials are the longest they have been in 13 weeks and speculators the shortest they have been in 13 weeks.  This is bullish for the Yen.

Implications: bullish (bearish USDJPY)

More Articles

Feedback Form