Number of traders net-short has decreased by 22.63% from last week.
CHANGE IN LONGS
CHANGE IN SHORTS
CHANGE IN OI
AUD/JPY: Retail trader data shows 50.12% of traders are net-long with the ratio of traders long to short at 1.00 to 1. In fact, traders have remained net-long since Aug 26 when AUD/JPY traded near 79.70, price has moved 0.42% lower since then. The number of traders net-long is 10.36% higher than yesterday and 24.56% higher from last week, while the number of traders net-short is 5.47% higher than yesterday and 22.63% 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 Aug 26, 2021 when AUD/JPY traded near 79.70. 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.
element inside the element. This is probably not what you meant to do!
Originally Posted on: https://www.dailyfx.com/forex/technical/sentiment/2021/09/20/AUDJPY-IG-Client-Sentiment-1425.html