Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

Free Trading Guides
Subscribe
Please try again
Select

Live Webinar Events

0

Economic Calendar Events

0

Notify me about

Live Webinar Events
Economic Calendar Events

H

High

M

Medium

L

Low
More View More
Sharp Shift in Forex Positions Suggests Euro has Turned versus US Dollar

Sharp Shift in Forex Positions Suggests Euro has Turned versus US Dollar

David Rodriguez, Head of Product

Share:

- Euro may have turned the corner versus US Dollar on sentiment shift

- Greenback remains in control versus Australian Dollar, Kiwi Dollar

- See full analysis below in individual currency sections

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

View individual currency sections:

EURUSD - Euro Likely Turns Corner as Crowds Sell Aggressively

GBPUSD - British Pound Remains in Clear Downtrend

USDJPY - Japanese Yen Sticks to Consolidation Pattern

AUDUSD - Australian Dollar Poised for Further Losses

NZDUSD - New Zealand Dollar Forecast to Fall Further

GBPJPY - British Pound Outlook Turns Bearish versus Japanese Yen

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

An important shift in retail FX positioning suggests that the Euro may have turned the corner versus the US Dollar. Here’s what 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.

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.

DISCLOSURES