News & Analysis at your fingertips.

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. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
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
More View more
Real Time News
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Silver: 0.35% Gold: 0.06% Oil - US Crude: -0.32% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/5GFYVwsGKM
  • Heads Up:🇺🇸 New Home Sales MoM (JUN) due at 14:00 GMT (15min) Expected: 3.5% Previous: -5.9% https://www.dailyfx.com/economic-calendar#2021-07-26
  • A somewhat relatively subdued start to the week for the Euro, with the currency remaining anchored around the 1.18 handle. Get your market update from @JMcQueenFX here:https://t.co/9e9i7pW8DQ https://t.co/54lOyEZbed
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: France 40: 0.01% US 500: -0.13% Wall Street: -0.18% Germany 30: -0.22% FTSE 100: -0.23% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/X9yC7S8wfC
  • DoJ are reportedly examining if Tether misled banks about Crypto business
  • Consolidation or bull flag? A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. Learn how to better spot these formations here: https://t.co/yOEvLjKnct https://t.co/0ZqB956gzL
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.64%, while traders in Wall Street are at opposite extremes with 72.03%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/U4iArvw7Al
  • LIVE NOW: Join Technical Strategist @MBForex for his Weekly Strategy Webinar to review the setups we're tracking into the open! - https://t.co/chKtG7ezG9
  • Forex Update: As of 12:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.33% 🇯🇵JPY: 0.19% 🇪🇺EUR: 0.13% 🇳🇿NZD: 0.05% 🇨🇦CAD: 0.04% 🇦🇺AUD: -0.05% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/8aD0rHNpKv
  • Weekly Strategy Webinar starting in 15mins on DailyFX!! https://t.co/lxd5fZ5LG7
Japanese Yen Remains in Control versus US Dollar

Japanese Yen Remains in Control versus US Dollar

David Rodriguez, Head of Product
Japanese Yen Remains in Control versus US Dollar

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

USDJPY Heavily one-sided retail FX trader sentiment points to further US Dollar weakness versus the resurgent Japanese Yen.

Trade Implications – JPY Pairs: Our retail trader sample shows total long positions in the USDJPY outnumber those short by over 2 to 1—the most extreme sentiment we’ve seen since the pair set an important low near 101 in July, 2014. One-sided positioning often coincides with important price reversals, but sentiment extremes are only clear in hindsight.

Indeed the Yen remains the top-performing currency in 2015, and our sentiment data suggests it may continue higher versus the US Dollar (USDJPY lower) and other major counterparts before any meaningful turnaround.

See next currency section:AUDUSD - Australian Dollar Shows Early Signs of Reversal

Written by David Rodriguez, Quantitative Strategist for DailyFX.com

Japanese Yen Remains in Control versus US Dollar

Automate our SSI-based trading strategies via Mirror Trader free of charge

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at http://www.twitter.com/DRodriguezFX

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

DISCLOSURES