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
GBP/USD
Bullish
USD/JPY
Bearish
Gold
Bullish
Oil - US Crude
Bearish
Bitcoin
Bearish
More View more
Real Time News
  • Commodities Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Silver: 0.43% Gold: 0.19% Oil - US Crude: -0.21% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/FnkOcMGqdx
  • $EURUSD Daily Pivot Points: S3: 1.0957 S2: 1.0999 S1: 1.1026 R1: 1.1069 R2: 1.1084 R3: 1.1126 https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • RBNZ's Hawkesby says the OCR should be kept at a low level for some time $NZDUSD
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.36%, while traders in France 40 are at opposite extremes with 83.29%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/K83nKB5PJq
  • Precious Metals Update: #Gold 1471.74 (+0.23%), #Aluminum 1755.00 (+0.80%), and #Copper 5849.00 (+0.64%) [delayed]
  • Event risks for the remainder of the week includes ECB's Financial Stability Review, $CAD Consumer Confidence, #USD FOMC Meeting Minutes, $JPY CPI reading, and ECB President Lagarde will speak in Frankfurt Check out our economic calendar to stay current on the latest releases https://t.co/8Jl5Va6CiQ
  • 🇺🇸 USD Net Long-term TIC Flows (SEP), Actual: $49.5b Expected: N/A Previous: -$41.2b https://www.dailyfx.com/economic-calendar#2019-11-18
  • Indices Update: As of 21:00, these are your best and worst performers based on the London trading schedule: France 40: 0.19% Germany 30: 0.09% Wall Street: -0.01% US 500: -0.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/Gz8GGSIMZU
  • #Bitcoin’s price outlook has weakened further after the coin broke beneath its 50-day moving average. Get your $btc market update from @PeterHanksFX here: https://t.co/MkXqsmNVEj https://t.co/3jo7t27leS
  • RT @FactSet: 113 $SPX companies have cited the term "tariff" during earnings calls for Q3, which is 13% below the number for Q2 (130) over…
Japanese Yen Shows Signs of Capitulation

Japanese Yen Shows Signs of Capitulation

2011-03-17 15:29:00
David Rodriguez, Head of Business Development
Share:
ssi_usd-jpy_body_Picture_8.png, Japanese Yen Shows Signs of Capitulation

USDJPY Currency trading crowds have remained net-long the US Dollar against the Japanese Yen since the pair traded above the 90.00 mark. Extreme volatility has meant many traders have effectively given up on USDJPY-long positions. The ratio of long to short positions in the USDJPY stands at 4.32 as nearly 81% of traders are long. Yesterday, the ratio was at 9.27 as 90% of open positions were long. In detail, long positions are a sizeable 38.7% lower than yesterday and 2.0% weaker since last week. Short positions are 31.7% higher than yesterday and 13.7% weaker since last week. Open interest is 31.8% weaker than yesterday and 10.1% below its monthly average. The strong capitulation suggests that the USDJPY could soon see a bounce, but it is difficult to advocate a long amidst such sharply downward momentum.

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

DISCLOSURES

News & Analysis at your fingertips.