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US Dollar and Yen Strength Offer Selling Opportunities

US Dollar and Yen Strength Offer Selling Opportunities

David Rodriguez, Head of Product

- US Dollar approaches key technical levels as sentiment warns of turn

- We’re watching key setups in Euro, Sterling, Aussie, and Yen

- Only a more substantial shift in volatility would change our forecasts

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

View individual currency sections:

EURUSD - Euro at Clear Risk of Bounce Near Key Support

GBPUSD - British Pound May Soon Break Above Key Highs

USDJPY - Dollar Seems Likely to Bounce versus Yen

AUDUSD - Australian Dollar Likely to Continue Higher

GOLD - Gold Prices May Rally Further off of Lows

EURJPY - Euro at Critical Turning Point versus Japanese Yen

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar and Yen Strength Offer Selling Opportunities

The US Dollar and Japanese Yen likely to fall versus the Euro, Sterling, and Aussie Dollar on a key shift in FX sentiment. These are the setups we’re watching.

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 and Yen Strength Offer Selling Opportunities US Dollar and Yen Strength Offer Selling Opportunities

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.

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