Our data shows traders are now net-long USD/JPY for the first time since Jan 26, 2022 when USD/JPY traded near 114.72.

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Number of traders net-short has decreased by 36.12% from final week.

SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI
USD/JPY BEARISH 50.07% 49.93%

12.74% Daily

23.24% Weekly

4.42% Daily

-36.12% Weekly

8.43% Daily

-15.82% Weekly

USD/JPY: Retail dealer data shows 50.07% of traders are net-long with the ratio of traders lengthy to brief at 1.00 to 1. In truth, traders have remained net-long since Jan 26 when USD/JPY traded near 114.72, value has moved 21.53% larger since then. The variety of traders net-long is 12.74% larger than yesterday and 23.24% larger from final week, whereas the variety of traders net-short is 4.42% larger than yesterday and 36.12% decrease from final week.

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

Our data shows traders are now net-long USD/JPY for the first time since Jan 26, 2022 when USD/JPY traded near 114.72. 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 USD/JPY-bearish contrarian buying and selling bias.





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