[B]USD/JPY[/B][B] Ratio: 1.79
[/B][B]Signal: Bearish[/B]
[B]Currency[/B] [B]Last Week[/B] [B]Present*[/B] [B]% Long[/B] [B]% Change in Positions Outstanding[/B] [B]Signal[/B] USD/JPY 1.78 [B]1.79[/B] 64% -1.22% Bearish
[B]USDJPY[/B] - The ratio of long to short positions in the USDJPY stands at 1.79 as nearly 64% of traders are long. Yesterday, the ratio was at 1.96 as 66% of open positions were long. In detail, long positions are 9.3% lower than yesterday and 13.1% stronger since last week. Short positions are 0.7% lower than yesterday and 19.5% weaker since last week. Open interest is 6.4% weaker than yesterday and 0.3% above its monthly average. The SSI is a contrarian indicator and signals more USDJPY losses.