Forex Alert

EUR/JPY IG Client Sentiment: Our data shows traders are now net-short EUR/JPY for the first time since Jul 15, 2021 10:00 GMT when EUR/JPY traded near 129.73.

EUR/JPY IG Client Sentiment: Our data shows traders are now net-short EUR/JPY for the first time since Jul 15, 2021 10:00 GMT when EUR/JPY traded near 129.73.

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger EUR/JPY-bullish contrarian trading bias.

Source: DailyFX – Technical Analysis
Date: July 23, 2021, 01:21