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US Dollar Forecast to Rally versus Euro, GBP, but Watch Yen and AUD

US Dollar Forecast to Rally versus Euro, GBP, but Watch Yen and AUD

2014-05-15 15:10:00
David Rodriguez, Head of Product
Share:

- Further shift in Euro trader sentiment warns of further losses versus Dollar, Yen

- Australian Dollar, Gold Prices, and Japanese Yen at major turning points versus USD

- Make-or-break time for several key forex pairs as Greenback bounces off of lows

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

View individual currency sections:

EURUSD - Substantial Swing in Forex Sentiment Warns of Euro Losses

GBPUSD - British Pound at Pivotal Price Levels, Next Move is Key

USDJPY - Dollar in Danger of Major Break versus Japanese Yen

AUDUSD - Australian Dollar Rally at Risk at these Levels

GOLD - Failure Leaves Gold Prices Vulnerable to Major Declines

EURJPY - Major Shift Points to Euro Weakness versus Yen

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar Forecast to Rally versus Euro, GBP, but Watch Yen and AUD

A big shift in forex sentiment favors further US Dollar gains versus the Euro and GBP. The Yen, Aussie Dollar, and Gold prices are at critical turning points.

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.

US Dollar Forecast to Rally versus Euro, GBP, but Watch Yen and AUDUS Dollar Forecast to Rally versus Euro, GBP, but Watch Yen and AUD

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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

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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.

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