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Dollar Looks Near Important Turn, S&P 500 Shows Concrete Danger Signs

Dollar Looks Near Important Turn, S&P 500 Shows Concrete Danger Signs

2014-07-16 19:00:00
David Rodriguez, Head of Business Development
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- Dollar looks at risk versus Euro, British Pound

- We like joining the forex trading crowd in getting short USD in key pairs

- Watch critical warning signs in the S&P 500 at these levels

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

View individual currency sections:

EURUSD - We Like Joining the Crowd and Buying Euro Here

GBPUSD - British Pound is an Attractive Buy on Dips

USDJPY - Dollar Continues to Offer Trade Setups versus Yen

AUDUSD - Australian Dollar Not Likely to Break Just Yet

SPX500 - Risks to S&P 500 Become Too Great to Ignore

GBPJPY - British Pound Likely to Rally further versus Yen

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Dollar Looks Near Important Turn, S&P 500 Shows Concrete Danger Signs

The US Dollar looks at risk versus the Euro and British Pound, while the S&P 500 is finally showing concrete signs of turnaround. These are the price levels 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.

Dollar Looks Near Important Turn, S&P 500 Shows Concrete Danger SignsDollar Looks Near Important Turn, S&P 500 Shows Concrete Danger Signs

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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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