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US Dollar Poised to Rally Until this Changes

US Dollar Poised to Rally Until this Changes

David Rodriguez, Head of Product

- US Dollar poised for fresh highs versus Euro, Sterling, Japanese Yen

- Until we see a material shift in crowd sentiment we’re looking for USD gains

- S&P 500 looks at little danger of reversal

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

View individual currency sections:

EURUSD - Euro Likely to Hit Fresh Lows versus Resurgent Dollar

GBPUSD - British Pound Remains at Risk for Key Reasons

USDJPY - Could Finally be Start of US Dollar Breakout vs Yen

AUDUSD - Australian Dollar Poised for Continued Weakness

SPX500 - S&P 500 Seems Unbreakable, We Favor further Gains

NZDUSD - New Zealand Currency at Continued Risk of Weakness

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar Poised to Rally Until this Changes

The US Dollar continues to surge across the board, and until we see a shift our data points favors further EURUSD and GBPUSD declines, USDJPY gains.

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.

US Dollar Poised to Rally Until this ChangesUS Dollar Poised to Rally Until this Changes

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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

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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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