Alerts

EUR/JPY IG Consumer Sentiment: Our knowledge reveals merchants at the moment are net-long EUR/JPY for the primary time since Dec 27, 2019 07:00 GMT when EUR/JPY traded close to 122.38.

EUR/JPY Client Positioning

Variety of merchants net-short has decreased by 16.38% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

EUR/JPY

BEARISH

51.52%

48.48%

14.86%
Every day

-2.30%
Weekly

-25.00%
Every day

-16.38%
Weekly

-Eight.67%
Every day

-9.67%
Weekly

EUR/JPY: Retail dealer knowledge reveals 51.52% of merchants are net-long with the ratio of merchants lengthy to quick at 1.06 to 1. Actually, merchants have remained net-long since Dec 27 when EUR/JPY traded close to 122.38, value has moved 1.52% decrease since then. The variety of merchants net-long is 14.86% larger than yesterday and a couple of.30% decrease from final week, whereas the variety of merchants net-short is 25.00% decrease than yesterday and 16.38% decrease from final week. We usually take a contrarian view to crowd sentiment, and the very fact merchants are net-long suggests EUR/JPY costs might proceed to fall. Our knowledge reveals merchants at the moment are net-long EUR/JPY for the primary time since Dec 27, 2019 07:00 GMT when EUR/JPY traded close to 122.38. Merchants are additional net-long than yesterday and final week, and the mixture of present sentiment and up to date adjustments offers us a stronger EUR/JPY-bearish 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Your email address will not be published.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