- Dollar at Risk versus the Euro, but further gains versus GBP seem likely
- Japanese Yen likely to trade lower amidst significant sentiment extremes
- Australian Dollar may be top trade opportunity for two key reasons
Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.
View individual currency sections:
EURUSD - Key Factors Suggest Euro at Major Turning Point
GBPUSD - British Pound Breakdown Might be the Real Deal
USDJPY - Data Accurately Predicted USDJPY Bounce, Now What?
AUDUSD - Australian Dollar at Major Crossroads for Two Reasons
SPX500 - Smooth Sailing Ahead for ‘Unbreakable’ S&P 500
EURJPY - Euro Gains Favored as it Holds Key Lows versus Yen
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Last week our retail forex sentiment data accurately pointed to Euro and US Dollar strength and Japanese Yen weakness. Now what?
See specific US Dollar forecasts in the sections above, and sign up for future e-mail updates via this author’s e-mail distribution list.
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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