We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Oil - US Crude
Bearish
Wall Street
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
GBP/USD
Bullish
USD/JPY
Bearish
More View more
Real Time News
  • Heads Up:🇯🇵 JPY Tankan Small Non-Manufacturing Outlook (1Q) due at 23:50 GMT (15min), Actual: N/A Expected: -15 Previous: 1 https://www.dailyfx.com/economic-calendar#2020-03-31
  • Heads Up:🇯🇵 JPY Tankan Large All Industry Capex (1Q) due at 23:50 GMT (15min), Actual: N/A Expected: 2.5% Previous: 6.8% https://www.dailyfx.com/economic-calendar#2020-03-31
  • Heads Up:🇯🇵 JPY Tankan Large Manufacturers Outlook (1Q) due at 23:50 GMT (15min), Actual: N/A Expected: -15 Previous: 0 https://www.dailyfx.com/economic-calendar#2020-03-31
  • Heads Up:🇯🇵 JPY Tankan Large Non-Manufacturing Index (1Q) due at 23:50 GMT (15min), Actual: N/A Expected: 3 Previous: 20 https://www.dailyfx.com/economic-calendar#2020-03-31
  • Heads Up:🇯🇵 JPY Tankan Large Manufacturing Index (1Q) due at 23:50 GMT (15min), Actual: N/A Expected: -10 Previous: 0 https://www.dailyfx.com/economic-calendar#2020-03-31
  • Heads Up:🇯🇵 JPY Loans & Discounts Corp (YoY) (FEB) due at 23:50 GMT (15min), Actual: N/A Expected: N/A Previous: 2.2% https://www.dailyfx.com/economic-calendar#2020-03-31
  • RT @FirstSquawk: Chinese Officials Are Actively Pushing For Tariffs Cuts And Removal Of Trade Barriers To Help The Global Economy Cushion T…
  • This session starts in about 30 min, today's webinar will revolve around major benchmark stock indexes to see how positioning could impact the road ahead with key technical levels in focus. Signup below! https://t.co/4br2H1Uz6p
  • In this session, Currency Analyst @ddubrovskyFX discusses traders' positioning as a key element of market analysis to determine the prevailing and future price trends. https://www.dailyfx.com/webinars/998956395
  • The $USD may return to the offensive as markets flee to cash amid fears of deep global recession thanks to the still-raging #coronavirus outbreak. Get your US Dollar update from @IlyaSpivak here: https://t.co/g1us4ZbYR5 https://t.co/tLFeaAwRqE
British Pound Likely to Rally Versus Yen

British Pound Likely to Rally Versus Yen

2012-09-06 15:26:00
David Rodriguez, Head of Product
Share:
ssi_gbp-jpy_body_Picture_1.png, British Pound Likely to Rally Versus Yen

Retail traders remain long the British Pound against the Japanese Yen, but a more recent shift in sentiment shows that crowds have most recently sold into GBPJPY strength. The turn in crowd behavior suggests that the GBPJPY may have set a short-term bottom, and indeed our SSI-based “Tidal Shift” strategy went long GBPJPY from ¥124.65. We believe that such a trade looks attractive as crowds continue selling into GBPJPY strength.

How do we interpret and trade with the SSI? Watch an FXCM Expo Presentation that explains the SSI.

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

To receive the Speculative Sentiment Index and other reports from this author via e-mail, send a message with subject line “Distribution List” to drodriguez@dailyfx.com; Contact David via Twitter at http://www.twitter.com/DRodriguezFX

Meet the DailyFX team in Las Vegas at the annual FXCM Traders Expo, November 2-4, 2012 at the Rio All Suite Hotel & Casino. For additional information regarding the schedule, workshops and accommodations, visit the FXCM Trading Expo website.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.