Trade FOREX with FXCM

  • Award-Winning Platform
  • 24/7 Customer Support
  • Trade Directly on Charts
  • Free $50K Practice Account
DailyFX Home / Forex Technical Analysis / Speculative Sentiment Index

SSI: The Speculative Sentiment Index

Symbol LastWeek Present %Long Change:
Open Interest
Signals Chart Links

The SSI is reported Every Thursday at DailyFX.com and twice every trading day inside DailyFX PLUS.


Australian Dollar Shows Signs of Important Reversal

Australian Dollar Shows Signs of Important Reversal

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

AUDUSD The majority of traders remain long the Australian Dollar versus the US Dollar, but a recent shift in sentiment warns of a potentially significant turn in the AUD trend.

Trade Implications – AUDUSD:Last week we wrote that a breakabove month-to-date highs near $0.9360 was/is necessary to call for a significant Aussie Dollar bounce. And indeed, price is on the verge to breaking month-to-date highs as we see crowds have turned to sell into AUDUSD gains. A sustained break would leave us firmly bullish—particularly if we see crowds turn net-short.

See next currency section: SPX500 - S&P 500 Hesitates, but Further Gains Seem Likely

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

Australian Dollar Shows Signs of Important Reversal

Automate our SSI-based trading strategies via Mirror Trader free of charge

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at http://www.twitter.com/DRodriguezFX



Latest Topics in the DailyFX Forums

EURUSD
by Lukman Otunuga
Today at 17:15
GBP and JPY Pairs
by Lukman Otunuga
Today at 17:15
Elliott Wave Trading Discussi...
by Lukman Otunuga
Today at 16:28
GBP and JPY Pairs
by Lukman Otunuga
Today at 16:26

Resources