Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Subscribe
Please try again
Select

Live Webinar Events

0

Economic Calendar Events

0

Notify me about

Live Webinar Events
Economic Calendar Events

H

High

M

Medium

L

Low
More View More
Forex Trader Sentiment Swings, Lifting US Dollar Outlook from ’Bearish’

Forex Trader Sentiment Swings, Lifting US Dollar Outlook from ’Bearish’

- Crowd reduction in US Dollar long positions may soon signal turning point.

- USD/JPY may be approaching a bullish signal soon.

- See full analysis below in individual currency sections.

To receive reports from this analyst, sign up for Christopher’s distribution list

View individual currency sections:

EURUSD - Euro Forecast versus US Dollar Now Neutral

GBPUSD - British Pound Outlook Neutral as Short Positions Ebb

USDJPY - Crowd Still Net-Long USD/JPY, but Outlook Less Certain

AUDUSD - Australian Dollar Forecast Turns Bearish

NZDUSD - New Zealand Dollar Outlook Less Clear

GBPJPY - GBP/JPY Rally Expected to Continue

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Forex trading crowds backed away from their heavily long US Dollar positions, particularly versus the Euro, Sterling, Yen, Australian Dollar, and New Zealand Dollar. We are taking a neutral forecast on the US Dollar overall.

To receive reports from this analyst, sign up for Christopher’s distribution list.

--- Written by Christopher Vecchio, Currency Strategist

To receive reports from this analyst, sign up for Christopher’s distribution list.

Contact Christopher via Twitter at http://www.twitter.com/CVecchioFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES