USD/JPY

Trader Sentiment is Balanced For USDJPY

USDJPY: Retail trader data shows 50.0% of traders are net-long with the ratio of traders short to long at 1.0 to 1. The number of traders net-long is 0.5% lower than yesterday and 5.6% higher from last week, while the number of traders net-short is 5.6% lower than yesterday and 6.8% lower from last week.

USDJPY Shifts to Bearish Signal

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests USDJPY prices may continue to rise. Yet traders are less net-short than yesterday and compared with last week. Recent changes in sentiment warn that the current USDJPY price trend may soon reverse lower despite the fact traders remain net-short.

--- Written by Abdullah AlAmoudi, DailyFX Research

Source https://www.dailyfx.com/forex/technical/ssi/usd-jpy/2018/06/26/ssi_usd-jpy.html



Technical Analysis DailyFX

Image
Euro Technical Outlook – Trends Questioned as Ranges Emerge. Is EUR/USD Trapped?
Tuesday, 06 June 2023
The Euro scoped a new low last week but has since consolidated against the US Dollar and it appears that are mixed messages when looking at the chart. Will the EUR/USD trend... Read more...
00 GMT when Wall Street traded near 33,096.00.
Friday, 02 June 2023
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bullish contrarian... Read more...
00 GMT when USD/CAD traded near 1.36.
Thursday, 01 June 2023
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/CAD-bearish contrarian trading... Read more...
Our data shows traders are now at their most net-long EUR/GBP since May 11 when EUR/GBP traded near 0.87.
Wednesday, 31 May 2023
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/GBP-bearish contrarian trading... Read more...
00 GMT when GBP/USD traded near 1.24.
Tuesday, 30 May 2023
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/USD-bullish contrarian trading... Read more...
Image
Australian Dollar Breaks Range but Lacks Follow Through. Will AUD/USD Reverse?
Tuesday, 30 May 2023
The Australian Dollar bounced off the recent low to start this week despite some soft economic data. Some technical signals might be saying something. Will AUD/USD go... Read more...
Image
Do they Reliably Predict Forex Price Reversals?
Sunday, 28 May 2023
An analysis of 37,000 candles was conducted across major currency pairs (EUR/USD, GBP/USD, USD/JPY, AUD/USD, and USD/CAD), identifying 200 valid Bearish Engulfings. What is... Read more...
Image
EUR/USD at Critical Juncture as Bears Launch All-Out Assault on Major Trendline
Wednesday, 24 May 2023
EUR/USD remains biased to the upside in the medium term, but the outlook could turn negative if the pair breaks below a key trendline that has been guiding prices higher... Read more...
Our data shows traders are now net-long France 40 for the first time since Mar 15, 2023 when France 40 traded near 6,947.70.
Wednesday, 24 May 2023
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger France 40-bearish contrarian... Read more...
Our data shows traders are now net-long FTSE 100 for the first time since Mar 30, 2023 when FTSE 100 traded near 7,622.50.
Wednesday, 24 May 2023
Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger FTSE 100-bearish contrarian trading... Read more...

Technical Analysis FXstreet

What I See in FX Market
Saturday, 06 July 2013
$EURUSD What Forex Target Traders See: We are currently sitting @ 1.2830 on the S6 form the pivot point and a double bottom. We are waiting to see if we get a bounce back to... Read more...
Central banks and the NFP mix it up
Friday, 05 July 2013
Polish Zloty (EUR/PLN) – MPC cuts rates to lowest level in history For weeks like the ending one, traders wait for a long time. We experienced a lot of action from central... Read more...
Where is the smart money buying/selling $$?
Thursday, 04 July 2013
Simplified Supply Demand Table  The table below includes updated supply/demand levels on the major currency pairs. The table is updated on a daily basis after the NY... Read more...
Where is the smart money buying/selling $$?
Wednesday, 03 July 2013
Simplified Supply Demand Table  The table below includes updated supply/demand levels on the major currency pairs. The table is updated on a daily basis after the NY... Read more...
Where is the smart money buying/selling $$?
Tuesday, 02 July 2013
Simplified Supply Demand Table  The table below includes updated supply/demand levels on the major currency pairs. The table is updated on a daily basis after the NY... Read more...
Where is the smart money buying/selling $$?
Monday, 01 July 2013
Simplified Supply Demand Table  The table below includes updated supply/demand levels on the major currency pairs. The table is updated on a daily basis after the NY... Read more...
What I See in FX Market (Sat, Jun 29 2013)
Saturday, 29 June 2013
$EURUSD What Forex Target Traders See: We are currently sitting @ 1.3016 just below the .618 Fibo in a 5 wave move down. We are waiting to see if we get a bounce on the day... Read more...
GBPUSD is facing channel support
Saturday, 29 June 2013
GBPUSD is facing the support of the lower line of the price channel on daily chart. A clear break below the channel support will indicate that the downtrend from 1.6339 has... Read more...
GBPUSD bounces off the lower Bollinger Band for now. A weak close could spell trouble for next week
Friday, 28 June 2013
A ForexTrading.TV Technical Analysis Video Alert for GBPUSD... Read more...
Where is the smart money buying/selling $$?
Thursday, 27 June 2013
Simplified Supply Demand Table  The table below includes updated supply/demand levels on the major currency pairs. The table is updated on a daily basis after the NY... Read more...

Improve Your Trading Skills

forexforbeginners

"Simply a Must Read for Every Serious Forex Beginner"

Available at Amazon

Now also for Kindle 

get forex book

The Markets