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EURUSD-Forex Trading Indicator Forecasts Euro/US Dollar Rallies
Thursday, 16 October 2008 14:14:08 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, 07 May 2009 14:45:26 GMT Euro Forecast Bullish As Crowd Sells Into Post-ECB Rally
- 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
EUR/USD Ratio: -1.00
Trading Forecast: Bullish
Forex Positioning in the EURUSD
EURUSD – Our Forex positioning indicator forecasts that the Euro/US dollar may gain through near-term trade. The ratio of long to short positions in the EURUSD stands at -1.01 as nearly trader positioning is effectively neutral. Yet yesterday’s ratio was actually 1.29, signaling that 56 percent of forex traders were previously short the pair. When we see that forex positioning grows increasingly net-short, it is often a signal that the Euro/US dollar may rally through near term trade. Indeed, the SSI is a contrarian indicator and signals more EURUSD gains. See SSI-based forex trading signals on DailyFX+.
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