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 Poised for Further Losses versus US Dollar

Australian Dollar Poised for Further Losses versus US Dollar

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

AUDUSD A substantial shift in retail FX positioning warns that the Australian Dollar may trade to fresh lows versus the US Dollar.

Trade Implications – AUDUSD: Last week we noted a major spike in real FX volume as signal that the Aussie was on pace for a major test of key highs, and the subsequent reversal helps confirm that this was an in fact an important turning point. Retail traders are now their most net-long AUDUSD since it traded off of $0.9200 just two months ago.

At that point it marked an important low, but a break of key support warns that the Aussie has further room to fall unless we see a significant shift in crowd sentiment. Multi-month lows near $0.9200 remain a key line in the sand.

See next currency section: SPX500 - Need to See a Larger Move to Confirm S&P 500 Top

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

Australian Dollar Poised for Further Losses versus US Dollar

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 H1 2013
by FXTA
Today at 17:31
GBP and JPY Pairs H1 2013
by minimax
Today at 17:28
GBP and JPY Pairs H1 2013
by Lukman Otunuga
Today at 16:47
EURUSD H1 2013
by Lukman Otunuga
Today at 16:46

Resources