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Euro Forecast Bullish As Crowd Sells Into Post-ECB Rally
Thursday, 07 May 2009 14:45:26 GMT
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- Friday, 18 September 2009 15:00:55 GMT Euro Forecast Remains Bullish on Sentiment Extremes
- Thursday, 13 August 2009 14:50:55 GMT Euro Forecast Modestly Bullish versus US Dollar
- Thursday, 30 July 2009 14:32:20 GMT Euro Forecast Turns Bearish on Forex Sentiment
- Thursday, 16 July 2009 14:22:30 GMT Euro Forecast Bullish but Range High Remains Key
- Thursday, 02 July 2009 15:23:50 GMT Euro Forecast to Decline Further on Shift in Forex Sentiment
- Thursday, 04 June 2009 14:19:51 GMT Euro Forecast Unclear on Sharp Shifts in Forex Sentiment
- Thursday, 28 May 2009 14:33:30 GMT Euro Forecast Unclear on Extremely Choppy Price Action
- Thursday, 21 May 2009 14:15:13 GMT Euro Forecast to Rally Further against US Dollar
- Thursday, 14 May 2009 14:44:00 GMT Sentiment Points to Further Euro Gains versus US Dollar
- Thursday, 30 April 2009 14:25:18 GMT Euro Forecast Bullish Against US Dollar
- Thursday, 23 April 2009 14:09:10 GMT Euro Outlook Remains Bearish Against US Dollar
- Thursday, 16 April 2009 14:02:35 GMT Euro Outlook Mixed Against US Dollar
- Thursday, 09 April 2009 15:42:50 GMT Euro Forecast to Decline According to Forex Sentiment
- Thursday, 19 March 2009 13:15:07 GMT Euro Forecast Bullish against US Dollar Following Fed
- Thursday, 12 March 2009 14:01:23 GMT Euro Forecast to Rally Against US Dollar
- Thursday, 05 March 2009 13:43:37 GMT Euro Forecast to Decline Following ECB Rate Decision
- Thursday, 26 February 2009 13:25:48 GMT Euro Forecast Neutral on Unclear Forex Sentiment
- Thursday, 19 February 2009 13:41:13 GMT Euro Forecast Grows Less Bearish on Forex Positioning
- Thursday, 12 February 2009 13:41:13 GMT Euro Forecast Remains Bearish on Extreme Positioning
- Thursday, 05 February 2009 13:58:12 GMT Euro Sentiment Forecasts Turn Following ECB Rate Decision
EUR/USD ratio: -1.45
Trading Forecast: Bullish
EURUSD – Our forex trading signals have bought into the Euro’s post-ECB rallies, as aggressive forex crowd selling gives contrarian signs to go long the Euro/US Dollar. The ratio of long to short positions in the EURUSD stands at -1.45 as nearly 59% of traders are short. Yesterday, the ratio was at -1.24 as 55% of open positions were short. In detail, long positions are 10.2% lower than yesterday and 6.3% weaker since last week. Short positions are 4.9% higher than yesterday and 5.4% stronger since last week. Open interest is 1.8% weaker than yesterday and 0.8% above its monthly average. The SSI is a contrarian indicator and signals more EURUSD gains.
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