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Thread: Discuss the USD/JPY with a DailyFX Analyst
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Old 12-20-2007, 01:08 PM
Antonio Sousa Antonio Sousa is offline
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USDJPY - The ratio of long to short positions in the USDJPY stands at 1.53 as nearly 60% of traders are long. Yesterday, the ratio was at 1.28 as 56% of open positions were long. In detail, long positions are 14.8% higher than yesterday and 8.6% stronger since last week. Short positions are 3.9% lower than yesterday and 7.2% stronger since last week. Open interest is 6.6% stronger than yesterday and 11.1% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.

Source: FXCM Execution Desk

For historical data and the latest charts based on the SSI please visit http://www.dailyfx.com/story/strateg...353412325.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.
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