Euro and British Pound Attractive Buys versus USD, Yen, Gold, Aussie
- Forex traders remain heavily long the Dollar against Major Counterparts
- Technical forecasts line up with sentiment and leave us in favor of USD weakness
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The combination of one-sided forex sentiment and technical forecasts leave us in favor of Euro and Sterling strength; see below for trade setups.
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.