Forex Alert

USD/JPY IG Client Sentiment: Our data shows traders are now net-short USD/JPY for the first time since Sep 10, 2020 when USD/JPY traded near 106.17.

USD/JPY IG Client Sentiment: Our data shows traders are now net-short USD/JPY for the first time since Sep 10, 2020 when USD/JPY traded near 106.17.

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

Source: DailyFX – pages/rss.rss-list.technical-analysis
Date: October 5, 2020, 22:05