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Watching these Attractive Trade Setups in Dollar, Yen, Euro, and Gold

Watching these Attractive Trade Setups in Dollar, Yen, Euro, and Gold

2014-07-10 15:20:00
David Rodriguez, Head of Business Development
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- Extreme positioning in the Dollar versus the Yen points to bounce

- Euro and Gold remain attractive buys versus the Dollar

- Low forex volatility keeps us focused on major support/resistance levels

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

View individual currency sections:

EURUSD - Euro is an Attractive Buy at these Levels

GBPUSD - British Pound Rally not Done Just Yet

USDJPY - Dollar Looks like a Buy versus the Japanese Yen

AUDUSD - Australian Dollar Likely Set Important Price Top

GOLD - Gold Prices Target Yearly Highs Near $1390

EURJPY - Euro Breakdown versus Yen Warns Against Complacency

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Watching these Attractive Trade Setups in Dollar, Yen, Euro, and Gold

The Dollar looks like an attractive buy versus the Japanese Yen for these key reasons, but we’re watching for further Euro and Gold price gains at these levels.

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.

Watching these Attractive Trade Setups in Dollar, Yen, Euro, and GoldWatching these Attractive Trade Setups in Dollar, Yen, Euro, and Gold

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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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