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Dollar Likely to Lose versus Euro, NZD. Watch Gold Prices and AUD

Dollar Likely to Lose versus Euro, NZD. Watch Gold Prices and AUD

David Rodriguez, Head of Product

- US Dollar may lose further versus Euro, New Zealand Dollar

- Forecast for Gold Prices points to losses, watch Australian 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 to Challenge Important Resistance Levels

GBPUSD - British Pound Fails at Key Resistance, Losses Likely

USDJPY - US Dollar Outlook Positive versus Japanese Yen

AUDUSD - Australian Dollar at Risk of Further Declines

NZDUSD - New Zealand Dollar May have Set Significant Low

XAUUSD - Gold Prices Lose their Luster, Watch for Further Declines

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

The US Dollar may have set an important high versus the Euro and New Zealand Dollar, but watch the price of gold and the Australian Dollar for further USD-buying opportunities.

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.

--- 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.

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