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Dollar Regains Control as Retail FX Traders Switch Direction
DailyFX.com -
- US Dollar forecast turns bullish on substantial swing in forex sentiment
- Focus turns to Euro, Sterling, and Commodity Bloc as pairs break key lows
- See full analysis below in individual currency sections
Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.
View individual currency sections:
EURUSD - Sharp Shift in Euro Sentiment Warns of Losses
GBPUSD - British Pound Breakdown Favors Continued Declines
USDJPY - US Dollar Looks Shaky versus Japanese Yen
AUDUSD - Australian Dollar Forecast to Continue Lower
NZDUSD - New Zealand Dollar Likely to Test Further Lows
GBPJPY - British Pound Outlook turns Bearish versus Yen
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The US Dollar looks likely to continue higher. Here’s why we think so and key levels worth watching.
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.
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
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