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. See our updated Privacy Policy here.



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

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
FOREX ANALYSIS: Crowds Most Net Short EURUSD Since High

FOREX ANALYSIS: Crowds Most Net Short EURUSD Since High

David Rodriguez, Head of Product
ssi_eur-usd_body_Picture_5.png, FOREX ANALYSIS: Crowds Most Net Short EURUSD Since High

Retail forex trading crowds remain aggressively long the US Dollar (ticker: USDOLLAR) against the Euro, and a contrarian view of crowd sentiment favors further EURUSD gains. Traders are now their most net-short since the Euro traded to December highs of $1.3120 and first turned short when the pair crossed above $1.27 through mid-November.

Our technical strategist believes that the Euro may see further declines as it fails near December highs, but a sustained break higher seems a distinct possibility and two of our SSI-based trading strategies remain long EURUSD from $1.2905 and $1.2940.

--- Written by David Rodriguez, Quantitative Strategist for

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

New to FX markets? Learn more in our video trading guide.

Contact David via

Twitter at

Facebook at

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