Watching these Attractive Trade Setups in Dollar, Yen, Euro, and Gold
- Extreme positioning in the Dollar versus the Yen points to bounce
- 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:
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
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.
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.