US Dollar May Soon Rally Sharply as Key Indicator Hits Extremes
- Retail FX trading crowd is extremely long the US Dollar across the board
- Sentiment extremes and a cyclical turn window suggests the USD will reverse higher
Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.
View individual currency sections:
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Retail forex trading crowds have never been more long the US Dollar versus the British Pound and other currency counterparts. We see material risk of a significant Dollar turnaround.
See specific US Dollar forecasts in the sections above, and sign up for future e-mail updates via this author’s e-mail distribution list.
Automate our SSI-based trading strategies via Mirror Trader free of charge
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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