GLOBALPRIME:EURJPY   Euro / Japanese Yen
EURJPY currently has a score of +2, or a Neutral rating after adding up all categories.

First, let's look at what institutional traders are buying/selling. We can see that theEUR has a long percentage of 66.98%, and we see that the JPY has a long percentage of 22.75%. This category receives a +2, as institutional traders favor the EUR.
Taking a look at EURJPY , we see that retail traders are 34% long, and 66% 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, theEURJPY 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 the EUR, inflation favors the JPY, unemployment favors the JPY and interest rates favor the EUR


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