- Indecisive currency moves lead to unclear FX trader sentiment
- Our data suggests the US Dollar will stick to a tight range versus Euro, Yen
- 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 - Euro Dips Could be Bought, Rallies Sold
GBPUSD - British Pound Forecast to Hit Further Highs
USDJPY - US Dollar Likely to Remain in Range versus Yen
AUDUSD - Australian Dollar Targets Further Lows
NZDUSD - New Zealand Dollar Rally Falls Short
GBPJPY - British Pound May Hold Gains versus Japanese Yen
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Sharp shifts in forex trader sentiment warn that the US Dollar is likely to offer range-trading opportunities versus the Euro and Yen.
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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