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Euro Forecast Unclear on Extremely Choppy Price Action
Thursday, 28 May 2009 14:33:30 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, 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
- 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 recently went short the Euro against the US Dollar, as a sharp shift in sentiment gave contrarian signal to sell. The ratio of long to short positions in the EURUSD stands at -1.45 as nearly 59% of traders are short. Normally we would take a contrarian long position on the net-short ratio. Yet long positions are actually 15.6 percent stronger that last week, while shorts have fallen by 8.7 percent through the same period. The shift in crowd trading signals that further losses are likely, but price action remains extraordinarily choppy—advising caution against aggressive momentum trades.
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