Our data shows traders are now net-short AUD/JPY for the first time since Jan 02, 2020 when AUD/JPY traded near 75.80.


AUD/JPY Client Positioning

Number of traders net-short has increased by 62.43% from last week.

SYMBOL

TRADING BIAS

NET-LONG%

NET-SHORT%

CHANGE IN LONGS

CHANGE IN SHORTS

CHANGE IN OI


AUD/JPY

BULLISH

47.41%

52.59%

-12.25%
Daily

-3.28%
Weekly

42.72%
Daily

62.43%
Weekly

10.04%
Daily

22.86%
Weekly

AUD/JPY: Retail trader data shows 47.41% of traders are net-long with the ratio of traders short to long at 1.11 to 1. In fact, traders have remained net-short since Jan 02 when AUD/JPY traded near 75.80, price has moved 0.08% lower since then. The number of traders net-long is 12.25% lower than yesterday and 3.28% lower from last week, while the number of traders net-short is 42.72% higher than yesterday and 62.43% higher from last week.

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

Our data shows traders are now net-short AUD/JPY for the first time since Jan 02, 2020 when AUD/JPY traded near 75.80. Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger AUD/JPY-bullish contrarian trading bias.



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