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Thread: Discuss the USD/JPY with a DailyFX Analyst
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Old 10-03-2007, 12:36 PM
Antonio Sousa Antonio Sousa is offline
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The SSI is a contrarian indicator and signals more USDJPY losses.
The ratio of long to short positions in the USDJPY stands at 1.19 as nearly 54% of traders are long. Yesterday, the ratio was at 1.73 as 63% of open positions were long. In detail, long positions are 11.0% lower than yesterday and 5.5% stronger since last week. Short positions are 29.5% higher than yesterday and 70.7% stronger since last week. Open interest is 3.8% stronger than yesterday and 22.1% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.


Source: FXCM Dealing Desk

For historical data and the latest charts based on the SSI please visit http://www.dailyfx.com/story/strateg...903946044.html

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