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.

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
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
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
Wall Street
Mixed
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
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
USD/JPY
Bearish
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.67%, while traders in EUR/USD are at opposite extremes with 71.35%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/SuyI0wMhaq
  • Heads Up:🇺🇸 MBA Mortgage Applications (16/OCT) due at 11:00 GMT (15min) Previous: -0.7% https://www.dailyfx.com/economic-calendar#2020-10-21
  • Heads Up:🇲🇽 Unemployment Rate (SEP) due at 11:00 GMT (15min) Expected: 5.3% Previous: 5.2% https://www.dailyfx.com/economic-calendar#2020-10-21
  • The Spinning Top candlestick pattern forms part of the vast Japanese candlestick repertoire with its own distinct features. Gain a better understanding of the spinning top candlestick here: https://t.co/yXomAftdv8 https://t.co/GNUYwiesiM
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Silver: 1.55% Gold: 0.60% Oil - US Crude: -1.26% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/zeXG8lHCy0
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.81% 🇳🇿NZD: 0.72% 🇯🇵JPY: 0.64% 🇨🇭CHF: 0.29% 🇪🇺EUR: 0.23% 🇨🇦CAD: 0.12% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/Au6kbo4WXL
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: US 500: 0.08% Wall Street: -0.00% Germany 30: -0.86% France 40: -1.12% FTSE 100: -1.32% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/pNZcZ7hQkI
  • Heads Up:💶 ECB Guindos Speech due at 10:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-10-21
  • Central banks often deem it necessary to intervene in the foreign exchange market to protect the value of their national currency. Learn how central bank intervention can impact your trading here: https://t.co/ZJOEtpGUIq https://t.co/BQKfQzpi6l
  • Worth going along to this...@ShaunMurison_IG knows his stuff!! https://t.co/FH5vEXVLrk
US Dollar Outlook Unclear versus Japanese Yen

US Dollar Outlook Unclear versus Japanese Yen

2016-10-25 15:25:00
David Rodriguez, Head of Product
Share:
US Dollar Outlook Unclear versus Japanese Yen

Why and how do we use the SSI in trading? View our video and download the free indicator here

USDJPYThe ratio of long to short positions in the USDJPY stands at 1.27 as 56% of traders are long. Yesterday the ratio was 1.42; 59% of open positions were long. Long positions are 1.0% higher than yesterday and 1.6% below levels seen last week. Short positions are 12.3% higher than yesterday and 13.2% above levels seen last week.

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the USDJPY may continue lower. The trading crowd has grown less net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

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

DISCLOSURES