Alerts

USD/JPY IG Consumer Sentiment: Our knowledge exhibits merchants are actually net-short USD/JPY for the primary time since Could 03, 2019 when USD/JPY traded close to 111.08.

USD/JPY chart

Variety of merchants net-short has elevated by 6.77% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

USD/JPY

BULLISH

49.71%

50.29%

-Eight.24%
Day by day

-Three.92%
Weekly

24.53%
Day by day

6.77%
Weekly

5.76%
Day by day

1.17%
Weekly

USD/JPY: Retail dealer knowledge exhibits 49.71% of merchants are net-long with the ratio of merchants quick to lengthy at 1.01 to 1. In truth, merchants have remained net-short since Could 03 when USD/JPY traded close to 111.08, value has moved Three.00% decrease since then. The variety of merchants net-long is Eight.24% decrease than yesterday and three.92% decrease from final week, whereas the variety of merchants net-short is 24.53% greater than yesterday and 6.77% greater from final week. We usually take a contrarian view to crowd sentiment, and the actual fact merchants are net-short suggests USD/JPY costs could proceed to rise. Our knowledge exhibits merchants are actually net-short USD/JPY for the primary time since Could 03, 2019 when USD/JPY traded close to 111.08. Merchants are additional net-short than yesterday and final week, and the mix of present sentiment and up to date adjustments offers us a stronger USD/JPY-bullish contrarian buying and selling bias.


Clickbank Promo Tools
Wiadforex
Wiadforex is a big online financial news, technical, fundamental analysis, trade ideas, option and educational site with a focus on Nigeria, Africa and world in general. This is an independent online forex platform. That is publish by Wiad Consultancy Services
http://www.wiadforex.com

Leave a Reply

Your email address will not be published. Required fields are marked *


Recommended Clickbank Products