Alerts

USD/JPY IG Consumer Sentiment: Our information reveals merchants are actually net-long USD/JPY for the primary time since Dec 16, 2019 when USD/JPY traded close to 109.58.

USD/JPY Client Positioning

Variety of merchants net-short has decreased by 18.18% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

USD/JPY

BEARISH

50.37%

49.63%

10.78%
Each day

eight.50%
Weekly

-12.48%
Each day

-18.18%
Weekly

-2.13%
Each day

-6.61%
Weekly

USD/JPY: Retail dealer information reveals 50.37% of merchants are net-long with the ratio of merchants lengthy to brief at 1.02 to 1. In actual fact, merchants have remained net-long since Dec 16 when USD/JPY traded close to 109.58, worth has moved zero.97% decrease since then. The variety of merchants net-long is 10.78% larger than yesterday and eight.50% larger from final week, whereas the variety of merchants net-short is 12.48% decrease than yesterday and 18.18% decrease from final week. We usually take a contrarian view to crowd sentiment, and the actual fact merchants are net-long suggests USD/JPY costs could proceed to fall. Our information reveals merchants are actually net-long USD/JPY for the primary time since Dec 16, 2019 when USD/JPY traded close to 109.58. Merchants are additional net-long than yesterday and final week, and the mix of present sentiment and up to date modifications offers us a stronger USD/JPY-bearish contrarian buying and selling bias.


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