AUD/JPY IG Client Sentiment: Our data shows traders are now net-long AUD/JPY for the first time since Dec 21, 2022 when AUD/JPY traded near 88.86.


Number of traders net-short has decreased by 36.05% from last week.

SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI
AUD/JPY BEARISH 50.60% 49.40%

65.69% Daily

35.20% Weekly

-12.23% Daily

-36.05% Weekly

15.17% Daily

-12.79% Weekly

AUD/JPY: Retail trader data shows 50.60% of traders are net-long with the ratio of traders long to short at 1.02 to 1. In fact, traders have remained net-long since Dec 21 when AUD/JPY traded near 88.86, price has moved 0.20% lower since then. The number of traders net-long is 65.69% higher than yesterday and 35.20% higher from last week, while the number of traders net-short is 12.23% lower than yesterday and 36.05% 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 Dec 21, 2022 when AUD/JPY traded near 88.86. 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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