Our data shows traders are now net-long AUD/JPY for the first time since Jul 28, 2020 when AUD/JPY traded near 75.20.

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AUD/JPY Client Positioning

Number of traders net-short has decreased by 16.50% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI


AUD/JPY

BEARISH

51.18%

48.82%

23.81%
Daily

26.21%
Weekly

-21.27%
Daily

-16.50%
Weekly

-3.24%
Daily

0.99%
Weekly

AUD/JPY: Retail trader data shows 51.18% of traders are net-long with the ratio of traders long to short at 1.05 to 1. In fact, traders have remained net-long since Jul 28 when AUD/JPY traded near 75.20, price has moved 3.09% higher since then. The number of traders net-long is 23.81% higher than yesterday and 26.21% higher from last week, while the number of traders net-short is 21.27% lower than yesterday and 16.50% lower from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests AUD/JPY prices may continue to fall.

Our data shows traders are now net-long AUD/JPY for the first time since Jul 28, 2020 when AUD/JPY traded near 75.20. Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bearish contrarian trading bias.





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