US Dollar at Significant Risk of a Larger Breakdown
- Forex trading crowds buying aggressively into US Dollar weakness across the board
- We’re watching the next moves crowd sentiment to gauge likelihood of bigger moves
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
The trading crowd is buying aggressively into US Dollar weakness, and the downtrodden Greenback risks a larger breakdown versus the Euro, Yen, and GBP.
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.