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.

Free Trading Guides
EUR/USD
Bearish
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
GBP/USD
Bearish
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
USD/JPY
Bullish
Gold
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
Oil - US Crude
Bullish
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
Bitcoin
Bearish
More View more
Real Time News
  • What are the six different types of stocks every trader should know? Find out from @WVenketas here: https://t.co/yO3Jal2Pwk https://t.co/ukJof0fWYH
  • Hey, traders 👋 do you want live AMAS with our analysts, market updates and tools to improve your trading strategy? Join us now on Instagram! 👉 https://t.co/pHGzVMI3tC https://t.co/AJHmBpX6gd
  • RT @malkudsi: Canadian Dollar Weekly Forecast: USD/CAD Reverses Lower, What’s Next? More details in the link below: https://t.co/gcN0SU2…
  • BOJ's Kuroda: - BOJ economic forecasts are based on different assumptions vs those of the government - BOJ path for CPI ends up being higher than government projection #JPY
  • RT @YuanTalks: Hubei privince, the epicenternof the #coronavirus cases, has revised the number of new cases on Thursday upward to 631 from…
  • A brief $AUD recovery may have run out of steam, with the currency poised to break range support and test below 0.66 against its US counterpart. Get your market update from @IlyaSpivak here:https://t.co/dqr2Vpbnjk https://t.co/HIq0i37RbY
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.02%, while traders in France 40 are at opposite extremes with 80.94%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/tiK3d5TnFL
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.12% 🇯🇵JPY: 0.11% 🇨🇭CHF: 0.10% 🇨🇦CAD: 0.08% 🇦🇺AUD: -0.13% 🇳🇿NZD: -0.34% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/WGWYCqlCT1
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: Germany 30: -0.27% France 40: -0.31% Wall Street: -0.41% US 500: -0.47% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/cOwOxBR3WQ
  • 🇯🇵 JPY All Industry Activity Index (MoM) (DEC), Actual: 0.0% Expected: 0.3% Previous: 0.9% https://www.dailyfx.com/economic-calendar#2020-02-21
Euro Forecast to Trade to Fresh Peaks; Our Systems Buy

Euro Forecast to Trade to Fresh Peaks; Our Systems Buy

2013-10-17 15:00:00
David Rodriguez, Head of Product
Share:
ssi_eur-usd_body_Picture_9.png, Euro Forecast to Trade to Fresh Peaks; Our Systems Buy

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

EURUSDRetail FX traders are near their most short Euro against the US Dollar on record, leaving our contrarian sentiment-based trading strategies long the EURUSD.

Trade Implications – EURUSD: We’ve remained in favor of US Dollar weakness more broadly as crowds continue to buy (sell EURUSD). Our sentiment-based Momentum2 strategy is currently long from $1.3627, and we like the position as the Euro takes out major resistance.

Our Senior Technical Strategist writes that it could take a Euro break below $1.3436 to turn outlook bearish on the resurgent EURUSD. In the meantime we’ll watch for further strength.

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

ssi_eur-usd_body_Picture_8.png, Euro Forecast to Trade to Fresh Peaks; Our Systems Buy

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

Facebook at http://www.Facebook.com/DRodriguezFX

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

DISCLOSURES

News & Analysis at your fingertips.