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#617 (permalink)

10-22-2007, 02:04 PM

Antonio Sousa Antonio Sousa is offline

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USDJPY long positions are 5.7% lower than yesterday on Profit Taking

The ratio of long to short positions in the USDJPY stands at 1.53 as nearly 61% of traders are long. Yesterday, the ratio was at 1.73 as 63% of open positions were long. In detail, long positions are 5.7% lower than yesterday and 15.6% stronger since last week. Short positions are 6.6% higher than yesterday and 11.0% stronger since last week. Open interest is 1.2% weaker than yesterday and 21.6% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.

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