VOT Research Desk
Market Analytics and Considerations
|
SYMBOL |
TRADING BIAS |
NET-LONG% |
NET-SHORT% |
CHANGE IN LONGS |
CHANGE IN SHORTS |
CHANGE IN OI |
|
BEARISH |
50.07% |
49.93% |
12.74% Daily 23.24% Weekly |
4.42% Daily -36.12% Weekly |
8.43% Daily -15.82% Weekly |
COT Statistics- JPY/USD Net long to Net Short Ratio as of Nov. 14.
JPY/USD -THE AMOUNT OF TRADERS WHO WERE NET-SHORT DROPPER BY 36.12% FROM PREVIOUS WEEK.
USD/JPY: Statistics from active traders reveal that 50.51% of traders are net-long, with a long-to-short ratio of 1.02 to 1. Using our data, we can see that traders have been net-long the USD/JPY from January 25, when it was trading close to 113.89. The number of investors who are net-long is up 14.06% from previous day and up 31.04% from the prior week, while the number of investors who really are net-short is up 3.81% from Friday and down 37.64% from the preceding week.
The fact that traders are net-long signals that the price of the USD/JPY may continue to decline. We normally take a contrarian stance against the mood of the majority.
We have a higher USD/JPY-bearish contrarian trading bias as a result of the traders’ increased net-long position compared to yesterday and last week.
