US Dollar at Big Turning Point versus Euro, Kiwi, British Pound
- Retail forex traders remain extremely long the US Dollar across the board
- Heavily one-sided sentiment warns of potentially big moves ahead
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
Forex crowd positions are at records for the US Dollar versus the Euro, British Pound, Swiss Franc, and New Zealand Dollar. Why does this point to a reversal?
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
DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.