The ratio of long to short positions in the USDJPY stands at 1.56 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 5.8% lower than yesterday and 15.5% stronger since last week. Short positions are 4.7% higher than yesterday and 9.0% stronger since last week. Open interest is 1.9% weaker than yesterday and 20.8% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.
Source: FXCM Dealing Desk
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