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
Bearish
GBP/USD
Mixed
USD/JPY
Bearish
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
Gold
Mixed
Oil - US Crude
Bearish
Bitcoin
Mixed
More View more
Real Time News
  • Hey, traders 👋 do you want live AMAS with our analysts, market updates and tools to improve your trading strategy? Join us now on Instagram! 👉 https://t.co/pHGzVMqsC4 https://t.co/YnK0tEqDWR
  • The $GBP may be on the cusp resuming a 12-year downtrend against the US Dollar as signs of topping emerge at pivotal chart resistance. Get your market update from @IlyaSpivak here:https://t.co/9rM3OjWmBA https://t.co/bl2TEN8eft
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.19%, while traders in France 40 are at opposite extremes with 78.41%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/fytoc66OPl
  • Commodities Update: As of 11:00, these are your best and worst performers based on the London trading schedule: Silver: 0.01% Gold: -0.24% Oil - US Crude: -0.57% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/Dnx6Xhy8uj
  • Forex Update: As of 11:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: -0.01% 🇦🇺AUD: -0.02% 🇨🇦CAD: -0.10% 🇪🇺EUR: -0.20% 🇨🇭CHF: -0.20% 🇬🇧GBP: -0.27% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/msclIsNZoG
  • BoJ Governor Kuroda says he has not seen any financial bubbles so far......... About that 👇 https://t.co/8hrzQPa28l
  • The Indian Rupee 2020 outlook is bearish as India faces stagflation risk amid rising onion and crude oil prices. $USDINR may rise in the medium-term as the RBI defers hiking rates. Get your market update from @ddubrovskyFX here: https://t.co/lRrlZjjfLY https://t.co/nShTRUpxu6
  • Indices Update: As of 11:00, these are your best and worst performers based on the London trading schedule: Germany 30: 1.19% France 40: 1.15% US 500: 0.20% Wall Street: 0.19% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/DNuy11iRcX
  • ECB's Lagarde says inflation upward move is really minor $EUR
  • LIVE NOW! Currency Strategist @PaulRobinsonFX runs through his favorite charts and potential set-ups for the week ahead in the FX and CFDs market here - https://www.dailyfx.com/webinars/108721147?CHID=9&QPID=917720
USDJPY: Price Trend May Soon Reverse

USDJPY: Price Trend May Soon Reverse

2019-03-28 20:30:00
Nancy Pakbaz, CFA, Markets Writer
Share:
usdjpy

50.5% OF TRADERS ARE NET-LONG

USDJPY: Retail trader data shows 50.5% of traders are net-long with the ratio of traders long to short at 1.02 to 1. The number of traders net-long is 6.3% lower than yesterday and 5.0% lower from last week, while the number of traders net-short is 4.8% higher than yesterday and 9.7% higher from last week.

To gain more insight in how we use sentiment to supplement a strategy, join us for one of our weekly webinars on how to “Identify Trends with Sentiment”:

Friday 16:00 GMT

Tuesday 20:00 GMT

Wednesday 00:00 GMT

Wednesday 12:30 GMT

Thursday 18:00 GMT

(click on one of the above times to enroll)

USDJPY: SENTIMENT SUGGESTS A MIXED TRADING BIAS

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests USDJPY prices may continue to fall. Yet traders are less net-long than yesterday and compared with last week. Recent changes in sentiment warn that the current USDJPY price trend may soon reverse higher despite the fact traders remain net-long.

--- Written by Nancy Pakbaz, CFA, DailyFX Research

Follow Nancy on Twitter @NancyPakbazFX

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

DISCLOSURES

News & Analysis at your fingertips.