Our data shows traders are now net-long EUR/JPY for the first time since Mar 09, 2022 when EUR/JPY traded near 128.34.

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Number of traders net-short has decreased by 32.80% from final week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI

EUR/JPY

BEARISH

50.76%

49.24%

5.96%
Daily

39.81%
Weekly

-25.06%
Daily

-32.80%
Weekly

-11.98%
Daily

-8.74%
Weekly

EUR/JPY: Retail dealer data shows 50.76% of traders are net-long with the ratio of traders lengthy to brief at 1.03 to 1. In reality, traders have remained net-long since Mar 09 when EUR/JPY traded near 128.34, worth has moved 5.14% increased since then. The variety of traders net-long is 5.96% increased than yesterday and 39.81% increased from final week, whereas the variety of traders net-short is 25.06% decrease than yesterday and 32.80% decrease from final week.

We sometimes take a contrarian view to crowd sentiment, and the reality traders are net-long suggests EUR/JPY costs could proceed to fall.

Our data shows traders are now net-long EUR/JPY for the first time since Mar 09, 2022 when EUR/JPY traded near 128.34. Traders are additional net-long than yesterday and final week, and the mixture of present sentiment and up to date modifications offers us a stronger EUR/JPY-bearish contrarian buying and selling bias.





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