Chinese EspaƱol Fri, 21 Nov 2008
head-search-back
News Calendar Charts Currency Rooms Forum Forex Trading Signals

advertisement

Forex Traders Go Long the Japanese Yen

Thursday, 21 August 2008 14:28:40 GMT

Written by Antonio Sousa, Chief Strategist

USD/JPY Ratio: 1.08%
Signal: Bearish

USDJPY – The ratio of long to short positions in the USDJPY stands at 1.08 as nearly 52% of traders are long. Yesterday, the ratio was at -1.12 as 53% of open positions were short. Open interest is 2.7% stronger than yesterday and 5.2% below its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.

SSI4_8-28

< Prev    Next > [ Back ]