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