David Rodriguez

Quantitative Strategist

Expertise:
Quantitative analysis, algorithmic trading, and retail trader sentiment.
David Rodriguez is a Quantitative Strategist for DailyFX, specializing in statistical studies and the algorithmic trading systems which drive the DailyFX PLUS Trading Signals. He holds a degree in economics from Williams College with heavy emphasis on quantitative methods and began trading financial markets during the tech boom and bust of 1999-2001. Though his focus has shifted to currencies, he keeps his finger on the pulse of a broad range of financial instruments.

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Major Shift Warns of Further British Pound Weakness

IG Client Sentiment data shows the majority of traders are now net-long the British Pound versus the US Dollar—breaking a two-month trend. A contrarian view of ‘crowd’ sentiment war...

S&P Remains a Buy until this Changes

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests US 500 prices may continue to rise.

Australian Dollar Forecast to Rally Further

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests AUDUSD prices may continue to rise.

Gold Price Outlook Unclear until this Changes

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Spot Gold prices may continue to fall.

Japanese Yen Rally May be Overdone, but Trend Remains Clear

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests USDJPY prices may continue to fall.

British Pound Forecast to Continue Lower on Key Shift

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBPUSD-bearish contrarian trading bias.

Our Euro Forecast may Shift as Traders Show Change of Heart

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests EURUSD prices may continue to rise.

US Stocks Forecast to Continue Higher until this Changes

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests US 500 prices may continue to rise.

Australian Dollar Trading Outlook Mixed until this Changes

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests AUDUSD prices may continue to rise.

Gold Price Forecast to Continue Lower versus Dollar

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Spot Gold prices may continue to fall.

Trading Crowd Buys into Dollar Declines - Watch for Losses

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests USDJPY prices may continue to fall.

British Pound May Hold Gains versus Dollar

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests GBPUSD prices may continue to rise.

Euro Forecast to Remain Strong versus the US Dollar

Positioning is less net-short than yesterday but more net-short from last week. The combination of current sentiment and recent changes gives us a further mixed EURUSD trading bias.

US Dollar Forecast to Fall Even Further across the Board

IG Client Sentiment data warns the US Dollar may continue lower against the Euro, Australian Dollar, Japanese Yen, and Gold Prices.

S&P 500 Remains Likely to Hit Further Record Highs

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests US 500 prices may continue to rise.

Australian Dollar Remains a Buy until this Changes

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests AUDUSD prices may continue to rise.

Gold Price Rally Likely to Continue until this Changes

Recent changes in sentiment warn that the current Spot Gold price trend may soon reverse higher despite the fact traders remain net-long.

US Dollar Likely to Continue Lower versus Japanese Yen

We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests USDJPY prices may continue to fall.

British Pound Forecast May Change on Trader Sentiment

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests GBPUSD prices may continue to rise.

Euro Expected to Rally Further versus Downtrodden US Dollar

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests EURUSD prices may continue to rise.


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