AUDJPY currently has a score of -3, or a Sell rating after adding up all categories.
First, let's look at what institutional traders are buying/selling. We can see that theAUD has a long percentage of 34.62%, and we see that the JPY has a long percentage of 17.74%. This category receives a 0, as institutional traders favor the JPY.
Taking a look atAUDJPY, we see that retail traders are 63% long, and 37% short. We consider this information most useful when a market is at an extreme reading from retail traders. If the retail crowd is 60% or more positioned to one side, we get a +1 or -1. Currently, theAUDJPY gets a reading of -1 in this category. Remember, if the retail crowd is very long, we will look to short, and vice versa.
Taking a look at seasonality, we get a score of +1. What this tells us is that based on historical data, this market tends to rise during this month.
Trend reading is based on the daily chart, using the 5, 8, and 21 Exponential Moving Average. The more 'aligned' they are, the stronger the trend up or down. In this case, we have a score of -2.
Finally, let's look at fundamentals. GDP growth favors none, inflation favors the JPY, unemployment favors the JPY and interest rates favor the AUD
First, let's look at what institutional traders are buying/selling. We can see that theAUD has a long percentage of 34.62%, and we see that the JPY has a long percentage of 17.74%. This category receives a 0, as institutional traders favor the JPY.
Taking a look atAUDJPY, we see that retail traders are 63% long, and 37% short. We consider this information most useful when a market is at an extreme reading from retail traders. If the retail crowd is 60% or more positioned to one side, we get a +1 or -1. Currently, theAUDJPY gets a reading of -1 in this category. Remember, if the retail crowd is very long, we will look to short, and vice versa.
Taking a look at seasonality, we get a score of +1. What this tells us is that based on historical data, this market tends to rise during this month.
Trend reading is based on the daily chart, using the 5, 8, and 21 Exponential Moving Average. The more 'aligned' they are, the stronger the trend up or down. In this case, we have a score of -2.
Finally, let's look at fundamentals. GDP growth favors none, inflation favors the JPY, unemployment favors the JPY and interest rates favor the AUD
