USD/JPY Ratio: 1.41
Trading Signal: Bearish
Forex Positioning in the US Dollar/Japanese Yen
| Currency | Last Week | Present* | % Long | % Change in Positions Outstanding | Signal |
| USDJPY | 1.08 | 1.41 | 58% | -2.63% | Bearish |
USDJPY – The ratio of long to short positions in the USDJPY stands at 1.41 as nearly 58% of traders are long. Yesterday, the ratio was at 1.23 as 55% of open positions were long. In detail, long positions are 17.9% higher than yesterday and 39.1% stronger since last week. Short positions are 2.8% higher than yesterday and 31.6% weaker since last week. Open interest is 11.1% stronger than yesterday and 8.8% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses. Discuss your own forecasts for the USDJPY in our forex forum.
