Variety of merchants net-short has decreased by 10.68% from final week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SH
Variety of merchants net-short has decreased by 10.68% from final week.
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
EUR/JPY |
BULLISH |
47.95% |
52.05% |
-15.73%
-22.55% |
8.20%
-10.68% |
-4.77%
-16.79% |
EUR/JPY: Retail dealer information reveals 47.95% of merchants are net-long with the ratio of merchants quick to lengthy at 1.09 to 1. The truth is, merchants have remained net-short since Jul 15 when EUR/JPY traded close to 129.73, value has moved 0.16% increased since then. The variety of merchants net-long is 15.73% decrease than yesterday and 22.55% decrease from final week, whereas the variety of merchants net-short is 8.20% increased than yesterday and 10.68% decrease from final week.
We sometimes take a contrarian view to crowd sentiment, and the actual fact merchants are net-short suggests EUR/JPY costs could proceed to rise.
Our information reveals merchants are actually net-short EUR/JPY for the primary time since Jul 15, 2021 10:00 GMT when EUR/JPY traded close to 129.73. Merchants are additional net-short than yesterday and final week, and the mix of present sentiment and up to date adjustments offers us a stronger EUR/JPY-bullish contrarian buying and selling bias.
factor contained in the
factor. That is most likely not what you meant to do!Load your utility’s JavaScript bundle contained in the factor as an alternative.
www.dailyfx.com