Thread: Discuss USD/JPY, GBP/JPY, and other JPY Pairs

Whether you trade gold or not, the appreciation of the yellow metal has been a gauge for fear and uncertainty in economic and political affairs around the world. Knowing where gold may go could give you an edge in your currency trading. Read guest commentator, Lior Cohen, Energy analyst for Trading NRG special Gold Report.[/URL]

Whether you trade gold or not, the appreciation of the yellow metal has been a gauge for fear and uncertainty in economic and political affairs around the world. Knowing where gold may go could give you an edge in your currency trading. Read guest commentator, Lior Cohen, Energy analyst for Trading NRG special Gold Report.[/URL]

USD/JPY: CTR: Forex @ DailyFX - USD/JPY Classical Technical Report 08.15

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The Next Evolution in Automated Forex Trading
Strategy Trader is an all-in-one automated trading solution, allowing you to code, backtest, optimize and trade from one platform. Strategy Trader is compatible with any non-hedging, Standard or Micro account.

USDJPY - The ratio of long to short positions in the USDJPY stands at 8.00 as nearly 89% of traders are long. Yesterday, the ratio was at 7.84 as 89% of open positions were long. In detail, long positions are 2.6% higher than yesterday and 22.9% stronger since last week. Short positions are 0.6% higher than yesterday and 18.3% weaker since last week. Open interest is 2.3% stronger than yesterday and 9.0% below its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.

GBPJPY - The ratio of long to short positions in the GBPJPY stands at 1.17 as nearly 54% of traders are long. Yesterday, the ratio was at 6.48 as 87% of open positions were long. In detail, long positions are 22.6% lower than yesterday and 4.6% weaker since last week. Short positions are 328.1% higher than yesterday and 102.6% stronger since last week. Open interest is 24.3% stronger than yesterday and 2.0% above its monthly average. The SSI is a contrarian indicator and signals more GBPJPY losses.

If you are trading the USD/JPY, you may want to take a look at the DailyFX Plus Speculative Sentiment Index (SSI). SSI is a contrarian indicator that shows how retail traders are positioned. Usually, the smart money is on the other side of the the retail trader so knowing what this indicator is showing can aid a trader.

"USDJPY - The ratio of long to short positions in the USDJPY stands at 8.57 as nearly 90% of traders are long. Yesterday, the ratio was at 7.62 as 88% of open positions were... For Full Story Click Here

If you would like free access to this DailyFX Plus report as well as a host of other tools, click here

How are Retail Traders Positioned in GBP/JPY? You may want to take a look at the DailyFX Plus Speculative Sentiment Index (SSI). SSI is a contrarian indicator that shows how retail traders are positioned. Usually, the smart money is on the other side of the the retail trader so knowing what this indicator is showing can aid a trader.

"GBPJPY - The ratio of long to short positions in the GBPJPY stands at 1.74 as nearly 64% of traders are... For Full Story Click Here

If you would like free access to this DailyFX Plus report as well as a host of other tools, click here

Want to See an Elliott Wave Count for USD/JPY? Forex @ DailyFX - Forex Sentiment | Forex Technical Analysis

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Forex @ DailyFX - GBP/JPY Classical Technical Report 08.16

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Forex @ DailyFX - EUR/JPY Classical Technical Report 08.16

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