Number of traders net-short has increased by 10.34% from last week.
SYMBOL | TRADING BIAS | NET-LONG% | NET-SHORT% | CHANGE IN LONGS | CHANGE IN SHORTS | CHANGE IN OI |
BULLISH | 28.32% | 71.68% | -27.76% Daily -39.38% Weekly | 7.18% Daily 10.34% Weekly | -5.73% Daily -10.46% Weekly |
EUR/JPY: Retail trader data shows 28.32% of traders are net-long with the ratio of traders short to long at 2.53 to 1. Our data shows traders are now at their least net-long EUR/JPY since Jan 14 when EUR/JPY traded near 122.23. The number of traders net-long is 27.76% lower than yesterday and 39.38% lower from last week, while the number of traders net-short is 7.18% higher than yesterday and 10.34% higher from last week.
We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests EUR/JPY prices may continue to rise.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/JPY-bullish contrarian trading bias.
English
Afrikaans
Albanian
Arabic
Azerbaijani
Bengali
Bulgarian
Chinese (Simplified)
Croatian
Danish
Dutch
Esperanto
Estonian
Filipino
French
Georgian
German
Hindi
Hungarian
Indonesian
Italian
Japanese
Kannada
Korean
Kyrgyz
Latvian
Lithuanian
Malagasy
Nepali
Norwegian
Persian
Polish
Portuguese
Romanian
Russian
Samoan
Serbian
Sinhala
Slovak
Slovenian
Somali
Spanish
Sudanese
Swahili
Swedish
Telugu
Thai
Turkish
Urdu
Uzbek
Vietnamese
Zulu
More Stories
France 40 IG Client Sentiment: Our data shows traders are now net-long France 40 for the first time since Dec 22, 2020 when France 40 traded near 5,477.70.
New Zealand Dollar Technical Analysis: AUD/NZD, NZD/JPY, NZD/USD
GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Jan 07, 2021 when GBP/JPY traded near 140.83.