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
Mixed
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
Mixed
USD/JPY
Bullish
Gold
Bullish
Oil - US Crude
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
Bitcoin
Bearish
More View more
Real Time News
  • Heads Up:🇯🇵 JPY Nikkei Japan PMI Manufacturing (NOV P) due at 00:30 GMT (15min), Actual: N/A Expected: N/A Previous: 48.4 https://www.dailyfx.com/economic-calendar#2019-11-22
  • 🇯🇵 JPY National Consumer Price Index Ex-Fresh Food (YoY) (OCT), Actual: 0.4% Expected: 0.4% Previous: 0.3% https://www.dailyfx.com/economic-calendar#2019-11-21
  • 🇯🇵 JPY National Consumer Price Index (YoY) (OCT), Actual: 0.2% Expected: 0.3% Previous: 0.2% https://www.dailyfx.com/economic-calendar#2019-11-21
  • 🇯🇵 JPY Natl CPI Ex Fresh Food, Energy (YoY) (OCT), Actual: 0.7% Expected: 0.6% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2019-11-21
  • The $CAD may fall if local CPI and retail sales data adds fuel Bank of Canada easing bets. Where do AUD/CAD, NZD/CAD and GBP/CAD stand ahead of the Canadian data? Get your market update from @ddubrovskyFX here:https://t.co/oIDWTbIFu9 https://t.co/rEAbfmoYa7
  • Heads Up:🇯🇵 JPY Natl CPI Ex Fresh Food, Energy (YoY) (OCT) due at 23:30 GMT (15min), Actual: N/A Expected: 0.6% Previous: 0.5% https://www.dailyfx.com/economic-calendar#2019-11-21
  • Heads Up:🇯🇵 JPY National Consumer Price Index Ex-Fresh Food (YoY) (OCT) due at 23:30 GMT (15min), Actual: N/A Expected: 0.4% Previous: 0.3% https://www.dailyfx.com/economic-calendar#2019-11-21
  • Heads Up:🇯🇵 JPY National Consumer Price Index (YoY) (OCT) due at 23:30 GMT (15min), Actual: N/A Expected: 0.3% Previous: 0.2% https://www.dailyfx.com/economic-calendar#2019-11-21
  • RT @KyleR_IG: * CBA AUSTRALIA NOV. FLAS COMPOSITE PMI 49.5 VS 50 IN OCT * CBA AUSTRALIA NOV. FLASH SERVICES PMI 49.5 VS 50.1 IN OCT * CBA A…
  • #Gold: For the bull-flag to get into motion the top-side parallel of the pattern will need to be crossed, something that may have to wait until early next year. Get your $XAUUSD technical analysis from @PaulRobinsonFX here:https://t.co/MYNsQmAPXJ $gld https://t.co/xObRO4DIdh
Japanese Yen Forecast Remains Bullish

Japanese Yen Forecast Remains Bullish

2011-03-24 15:38:00
David Rodriguez, Head of Business Development
Share:
ssi_usd-jpy_body_Picture_8.png, Japanese Yen Forecast Remains Bullish

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 3.67 as nearly 79% of traders are long. Yesterday, the ratio was at 3.73 as 79% of open positions were long. In detail, long positions are 2.6% lower than yesterday and 18.0% weaker since last week. Short positions are 0.9% lower than yesterday and 6.4% stronger since last week. Open interest is 2.2% weaker than yesterday and 20.0% below its monthly average. The net-long SSI ratio gives us a consistent contrarian signal to go short, but the lack of movement in said pair warns against taking an aggressive short position.

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

DISCLOSURES

News & Analysis at your fingertips.