AUD/JPY Client Positioning

Number of traders net-short has decreased by 31.14% from last week.

SYMBOLTRADING BIASNET-LONG%NET-SHORT%CHANGE IN LONGSCHANGE IN SHORTSCHANGE IN OI
AUD/JPYBEARISH50.63%49.37%

17.52% Daily

17.52% Weekly

-28.64% Daily

-31.14% Weekly

-10.92% Daily

-12.88% Weekly

AUD/JPY: Retail trader data shows 50.63% of traders are net-long with the ratio of traders long to short at 1.03 to 1. In fact, traders have remained net-long since Feb 08 when AUD/JPY traded near 82.54, price has moved 7.03% higher since then. The number of traders net-long is 17.52% higher than yesterday and 17.52% higher from last week, while the number of traders net-short is 28.64% lower than yesterday and 31.14% 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 Feb 08, 2022 when AUD/JPY traded near 82.54. 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.

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