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Where Would we Buy the US Dollar versus the Euro, GBP, and Yen?

Where Would we Buy the US Dollar versus the Euro, GBP, and Yen?

2014-06-26 14:00:00
David Rodriguez, Head of Product
Share:

- US Dollar likely to bounce off of key lows versus Euro, GBP, Yen

- Our retail forex trader sample points to position extremes

- Buying low and selling high remains the best strategy in current markets

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

View individual currency sections:

EURUSD - Look for Euro to Trade Lower from Here

GBPUSD - British Pound Rally looks at Risk

USDJPY - Dollar Poised to Trade off of Lows versus Yen

AUDUSD - Australian Dollar Presents Sell Opportunity

GOLD - Gold Prices Could Fail at These Levels

SPX500 - S&P 500 Shows few Signs of Slowing

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Where Would we Buy the US Dollar versus the Euro, GBP, and Yen?

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?

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.

Where Would we Buy the US Dollar versus the Euro, GBP, and Yen?Where Would we Buy the US Dollar versus the Euro, GBP, and Yen?

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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.

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