Go Back   DailyFX Forex Forum | FX Forum
Reload this Page Sidebar Wrapper

Thread: Discuss the USD/JPY with a DailyFX Analyst
View Single Post
  #593 (permalink)  
Old 10-11-2007, 03:03 PM
Antonio Sousa Antonio Sousa is offline
Moderator
  
Join Date: Jan 2005
Posts: 748
Antonio Sousa is on a distinguished road
USDJPY - The ratio of long to short positions in the USDJPY stands at 1.38 as nearly 58% of traders are long. Yesterday, the ratio was at 1.29 as 56% of open positions were long. In detail, long positions are 3.6% lower than yesterday and 26.9% weaker since last week. Short positions are 9.9% lower than yesterday and 43.2% stronger since last week. Open interest is 6.4% weaker than yesterday and 8.4% 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/special...507524032.html

For information on an FXCM Managed Fund that takes advantage of the SSI, please review our Sentiment Fund at: http://www.fxcmmanagedfunds.com/ or call +1 646-432-2968.
Reply With Quote
 


Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All times are GMT -5. The time now is 05:32 PM.
Copyright ©2009 Daily FX. All Rights Reserved.