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
Mixed
Gold
Mixed
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
  • Commodities Update: As of 08:00, these are your best and worst performers based on the London trading schedule: Silver: 0.59% Gold: 0.49% Oil - US Crude: -1.58% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/KecsJfEneA
  • Forex Update: As of 08:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.11% 🇨🇭CHF: 0.01% 🇪🇺EUR: -0.07% 🇬🇧GBP: -0.22% 🇳🇿NZD: -0.41% 🇦🇺AUD: -0.41% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/rWMpIqLrXr
  • Europe Advisor and Chief Negotiator David Frost - Reflections on the revolutions in Europe. #sterling #euuktrade #gbp @DailyFX https://t.co/jdYvoJczcR
  • Indices Update: As of 08:00, these are your best and worst performers based on the London trading schedule: US 500: -0.71% France 40: -0.76% Wall Street: -0.78% Germany 30: -0.89% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/wcOJ5RwQr5
  • European Opening Calls From IG: #FTSE 7391 -0.56% #DAX 13712 -0.52% #CAC 6054 -0.52% #AEX 626 -0.47% #MIB 25036 -0.34% #IBEX 9973 -0.50% #STOXX 3833 -0.52%
  • #Gold prices were well supported in any case but #Apple's admission that the coronavirus has hit its Chinese suppliers saw the metal move up. https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2020/02/18/Gold-Prices-Get-Boost-as-Apple-Warning-Sharpens-Virus-Fears.html?utm_source=Twitter&utm_medium=Cottle&utm_campaign=twr #Crudeoil, #commodities
  • RT @business: BREAKING: HSBC to slash 35,000 jobs, about 15% of its workforce, over three years https://t.co/skORsJlIes https://t.co/lAXJxM…
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.91%, while traders in Germany 30 are at opposite extremes with 83.79%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/jYqUyArf3u
  • AUD/USD Technical Analysis: Aussie Dollar May Break Range Floor - https://www.dailyfx.com/forex/technical/home/analysis/aud-usd/2020/02/18/AUDUSD-Technical-Analysis-Aussie-Dollar-May-Break-Range-Floor.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #AUDUSD #technicalanalysis https://t.co/6aeywJkAkR
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.13% 🇨🇭CHF: 0.04% 🇬🇧GBP: -0.04% 🇨🇦CAD: -0.10% 🇳🇿NZD: -0.29% 🇦🇺AUD: -0.32% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/XfJ4dACKNd
Yen Eyes Fresh Record Highs

Yen Eyes Fresh Record Highs

2011-10-27 15:47:00
David Rodriguez, Head of Product
Share:
ssi_usd-jpy_body_Picture_9.png, Yen Eyes Fresh Record Highs

USDJPY – Trading crowds remain aggressively net-long the US Dollar against the Japanese Yen and have remained long since the pair traded near the 90.00 mark. In fact, our SSI ratio stands at a whopping 13.79 as approximately 93 percent of retail traders are currently long.

In fact, retail traders continue to buy into USDJPY weakness; long interest is 6.1% higher than yesterday and a sizeable 65.2% above a week ago. The risk of Bank of Japan and Ministry of Finance intervention in the USDJPY continues to grow as the pair trades at record-lows. Yet the overwhelming trend and extremely one-sided sentiment favors further short-term declines.

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

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

To contact David, e-mail drodriguez@dailyfx.com

To be added to David’s e-mail distribution list for this and other reports, e-mail subject line “Distribution List” to drodriguez@dailyfx.com

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

DISCLOSURES

News & Analysis at your fingertips.