Where Would we Buy the US Dollar versus the Euro, GBP, and Yen?
- Our retail forex trader sample points to position extremes
- Buying low and selling high remains the best strategy in current markets
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The US Dollar seems likely to bounce off of key lows versus the Euro, Sterling, Yen, and Gold prices. Where are the trade opportunities, and what could change?
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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.