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Dollar Forecast Improves, Indicator Shows it May Rally Across the Board

Dollar Forecast Improves, Indicator Shows it May Rally Across the Board

David Rodriguez, Head of Product

- US Dollar holds key levels as forex trader sentiment shifts

- Forecast for Dollar improve versus all major FX counterparts

- See full analysis below in individual currency sections

NEW: View Real-Time SSI Updates via the FXCM Trading Station Desktop

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

View individual currency sections:

EURUSD - Euro Forecast Unclear – Here’s What we Need to See

GBPUSD - British Pound Remains a Sell until we see this Change

USDJPY - US Dollar Expected to Gain Further versus Japanese Yen

AUDUSD - Australian Dollar Forecast to Fall Further

NZDUSD - New Zealand Dollar Reversal is Short-Lived, Declines Likely

XAUUSD - Gold Prices Remain at Risk for Weakness

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

The US Dollar has held key support levels versus the Euro, Sterling, and Japanese Yen. Here’s why it might continue higher against most major FX counterparts.

NEW: View Real-Time SSI Updates via the FXCM Trading Station Desktop

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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