USDJPY - The ratio of long to short positions in the USDJPY stands at 1.27 as nearly 56% of traders are long. Yesterday, the ratio was at 1.28 as 56% of open positions were long. In detail, long positions are 5.8% higher than yesterday and 0.0% stronger since last week. Short positions are 6.6% higher than yesterday and 18.9% stronger since last week. Open interest is 6.1% stronger than yesterday and 10.7% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.
Source: FXCM Execution Desk, Sample Size: 25000 Traders
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.