Skip to content
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
More View more
USD/JPY: Number of Traders Net-Long Decreases by 14.8% from Last Week

USD/JPY: Number of Traders Net-Long Decreases by 14.8% from Last Week

Tammy Da Costa, Analyst
USD/JPY IG Client Sentiment

USD/JPY: Traders Remain Net-Long Since May

USD/JPY: Retail trader data shows 61.0% of traders are net-long with the ratio of traders long to short at 1.56 to 1. In fact, traders have remained net-long since May 03 when USD/JPY traded near 111.913; price has moved 2.6% lower since then. The number of traders net-long is 1.4% lower than yesterday and 14.8% lower from last week, while the number of traders net-short is 19.9% lower than yesterday and 12.4% lower 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”:

Thursday 15:00 GMT

Wednesday 00:00 GMT

(click on one of the above times to enroll)

USD/JPY: Fact that Traders Remain Net-Long Suggests Prices May Continue to Fall

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

https://www.dailyfx.com/registerToSeminar?webinar=3568661098325726977

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

DISCLOSURES