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
Oil - US Crude
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
Wall Street
Mixed
Gold
Mixed
GBP/USD
Bullish
USD/JPY
Bullish
More View more
Real Time News
  • Crude Oil Prices May Turn Lower as Covid-19 Fears Reemerge - https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2020/07/07/Crude-Oil-Prices-May-Turn-Lower-as-Covid-19-Fears-Reemerge.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #CrudeOil #oott #COVID19
  • Forex trading, which is the act of exchanging fiat currencies, is thought to be centuries old – dating back to the Babylonian period. Learn about the history of Forex here:https://t.co/ePTJlbUP7c https://t.co/bdDrVU9XED
  • 🇮🇹 Retail Sales MoM (MAY) Actual: 25.2% Previous: -10.5% https://www.dailyfx.com/economic-calendar#2020-07-07
  • Chinese gold reserves $110.76bln at the end of June from $108.29bln at the end of May, according to the PBoC
  • EU Commission - Euro Area GDP 2020 forecast at -8.7% (-7.7% previous) - 2021 GDP forecast at 6.1% (6.3% previous)
  • 🇮🇹 Retail Sales MoM (MAY) Actual: 25.2 Previous: -10.5% https://www.dailyfx.com/economic-calendar#2020-07-07
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.38%, while traders in US 500 are at opposite extremes with 71.32%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/tjZNp13KdF
  • Heads Up:🇮🇹 Retail Sales MoM (MAY) due at 08:00 GMT (15min) Previous: -10.5% https://www.dailyfx.com/economic-calendar#2020-07-07
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Gold: -0.11% Silver: -0.86% Oil - US Crude: -0.92% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/lEzwwnbzPY
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here:https://t.co/vg7w10la3j https://t.co/s1hwlaOtlm
USDJPY: Net-Long Positions Continue to Increase

USDJPY: Net-Long Positions Continue to Increase

2019-06-26 12:54:00
Tammy Da Costa, Markets Writer
Share:
USD/JPY IG Client Sentiment

Retail trader data shows 70.8% of traders are net-long

USD/JPY: Retail trader data shows 70.8% of traders are net-long with the ratio of traders long to short at 2.42 to 1. In fact, traders have remained net-long since May 03 when USD/JPY traded near 111.552; price has moved 3.5% lower since then. The number of traders net-long is 3.5% higher than yesterday and 12.1% higher from last week, while the number of traders net-short is 2.3% higher than yesterday and 2.7% 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”:

Wednesday 00:00 GMT

Thursday 21:00 GMT

Tuesday 15:00 GMT

(click on one of the above times to enroll)

USD/JPY: Recent changes suggest bearish trading bias

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests USD/JPY prices may continue to fall. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bearish contrarian trading bias.

-Written by Tammy Da Costa, DailyFX Research

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

DISCLOSURES

News & Analysis at your fingertips.