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
Oil - US Crude
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
  • Technical analysis of charts aims to identify patterns and market trends by utilizing differing forms of technical chart types and other chart functions. Learn about the top three technical analysis tools here:
  • The Australian Dollar still remains vulnerable as it extends losses against its major counterparts. What is the road ahead for AUD/USD, AUD/JPY, AUD/NZD and AUD/CAD? Get your AUD technical forecast from @ddubrovskyFX here:
  • The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. Learn about the importance of the ISM manufacturing index here:
  • Take a closer look visually at the most influential global importers and exporters here:
  • EUR/USD tumbled last week on the day of the ECB’s latest policy announcement, and that weakness is set to continue this week as a flood of major Eurozone economic statistics is released. Get your weekly Euro forecast from @MartinSEssex here:
  • Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. Start learning how you may be able to make more informed decisions here:
  • Greed is a natural human emotion that affects individuals to varying degrees. Unfortunately, when viewed in the context of trading, greed has proven to be a hindrance more often than it has assisted traders. Learn how to control greed in trading here:
  • Gold price action is primed for volatility next week with the Fed decision on deck. How real yields and the US Dollar react to fresh guidance from Fed officials will be key for gold outlook. Get your weekly gold forecast from @RichDvorakFX here:
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here:
  • Canadian Dollar snapped a three-week losing streak after USD/CAD stalled at key technical resistance. Get your CAD weekly forecast from @MBForex here:
Euro Breakdown the Real Deal as Dollar Surges, Crowds Sell

Euro Breakdown the Real Deal as Dollar Surges, Crowds Sell

David Rodriguez, Head of Product

Forex crowds have bought aggressively into Euro and British Pound weakness against the US Dollar. Our strategies continue to sell, and we see scope for further Dollar strength.

View individual currency sections:

EURUSD - Euro Breakdown is the Real Deal

GBPUSD - British Pound Forecast to Depreciate Further

USDJPY - Japanese Yen Sentiment Flat, Turnaround Risk Grows

XAUUSD - Gold Prices Forecast to Weaken Towards 1530

USDCHF - USDCHF Breaks Resistance, Sentiment Favors Gains

AUDUSD - We Like Selling Australian Dollar Bounces

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

ssi_table_story_body_Picture_5.png, Euro Breakdown the Real Deal as Dollar Surges, Crowds Sell

Our proprietary sentiment-based trading strategies have continued selling the Euro, British Pound, Australian Dollar, and Swiss Franc versus the resurgent US Dollar. Clearly one-sided retail crowd sentiment leaves us in favor of further USD gains.

A sharp jump in forex market volatility likewise suggests that our trend-following and breakout-friendly trading strategies can continue to do well as they go against crowd positioning. The Greenback looks well-positioned to continue higher against all except arguably the Japanese Yen.

Download eight years’ worth of SSI data via this link.

ssi_table_story_body_1a.png, Euro Breakdown the Real Deal as Dollar Surges, Crowds Sell

Automate our sentiment-based Momentum2 system: article, webinar recording

Automate our high-volatility sentiment trading Breakout2 strategy: article and webinar recording.

ssi_table_story_body_Picture_6.png, Euro Breakdown the Real Deal as Dollar Surges, Crowds Sell

--- 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.