News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bullish
Oil - US Crude
Bullish
Wall Street
Bullish
Gold
Bullish
GBP/USD
Mixed
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • 🇯🇵 Leading Economic Index Final (DEC) Actual: 95.3 Expected: 94.9 Previous: 96.1 https://www.dailyfx.com/economic-calendar#2021-02-25
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.58% France 40: 0.54% FTSE 100: 0.39% Wall Street: 0.34% US 500: 0.27% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/TDT69DjXeV
  • S&P 500 Rally May Lift Hang Seng, ASX 200 on Dovish Fed, 3rd US Vaccine. https://www.dailyfx.com/forex/market_alert/2021/02/25/SP-500-Rally-May-Lift-Hang-Seng-ASX-200-on-Dovish-Fed-3rd-US-Vaccine.html https://t.co/w22gDJEcXa
  • 🇯🇵 Coincident Index Final (DEC) Actual: 88.3 Expected: 87.8 Previous: 89.0 https://www.dailyfx.com/economic-calendar#2021-02-25
  • RT @FxWestwater: Crude Oil Price Forecast: Demand and Supply Drivers Firing on All Cylinders Link: https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/02/25/Crude-Oil-Price-Forecast-Demand-and-Supply-Drivers-Firing-on-All-Cylinders.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Westwater&utm_campaign=twr https://t.co/5…
  • Consolidation or bull flag? A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. Learn how to better spot these formations here: https://t.co/yOEvLjKnct https://t.co/YKS41u2Ptg
  • Risk appetite has spread heading into Thursday trade with more than just the SPX taking the lede. GameStop ($GME) is back in the top performance depth chart. What does this mean for trends ahead? My analysis: https://www.dailyfx.com/forex/video/daily_news_report/2021/02/25/GameStop-Commands-the-Speculative-Headlines-as-SP-500-and-Yen-Crosses-Rally.html?ref-author=Kicklighter&QPID=917719&CHID=9 https://t.co/54seZPSCN0
  • Heads Up:🇯🇵 Coincident Index Final (DEC) due at 05:00 GMT (15min) Expected: 87.8 Previous: 89.0 https://www.dailyfx.com/economic-calendar#2021-02-25
  • Heads Up:🇯🇵 Leading Economic Index Final (DEC) due at 05:00 GMT (15min) Expected: 94.9 Previous: 96.1 https://www.dailyfx.com/economic-calendar#2021-02-25
  • Canadian Dollar Price Forecast: USD/CAD, CAD/JPY, CAD/CHF, EUR/CAD - https://www.dailyfx.com/forex/technical/home/analysis/usd-cad/2021/02/25/Canadian-Dollar-Price-Forecast-USDCAD-CADJPY-CADCHF-EURCAD.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr $CAD $USDCAD $CADJPY $CADCHF $EURCAD https://t.co/e8Xc41LGna
Euro Targets 2010 Lows as Dollar Surges

Euro Targets 2010 Lows as Dollar Surges

David Rodriguez, Head of Product
ssi_eur-usd_body_Picture_7.png, Euro Targets 2010 Lows as Dollar Surges

EURUSD – Forex trading crowds continue to buy aggressively into Euro declines as it hits fresh yearly lows against the US Dollar, and such one-sided sentiment favors further EURUSD weakness. Trader sentiment recently hit its most net-long levels on the Euro/US Dollar since the pair broke below the $1.40 mark through late 2011.

Today we see that EURUSD-long interest has fallen from its very recent peaks, but overall the direction of trend seems clear and we see little reason or anything beyond normal short-term corrections higher within broader declines.

Our Speculative Sentiment Index-based strategies continue selling into Euro weakness, and indeed we continue watching for opportunities to sell Euro on rallies within the clear downtrend.

How do we interpret the SSI? Watch an FXCM Expo Presentation that explains the SSI.

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

To receive the SSI via e-mail and other reports from author David Rodríguez, e-mail subject line “Distribution List” to drodriguez@dailyfx.com

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES