- US Dollar at risk of further declines versus the Euro
- Gold prices may have set an important low in USD terms
- See full analysis below in individual currency sections
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View individual currency sections:
EURUSD - Euro Likely to Test Critical Resistance, Next Move is Key
GBPUSD - British Pound at Risk of Renewed Declines on a Failure Here
USDJPY - US Dollar Remains in a Strong Position versus the Japanese Yen
AUDUSD - Australian Dollar Forecast Firmly in Favor of Weakness
NZDUSD - New Zealand Dollar Expected to Continue Lower
XAUUSD - Gold Prices May Have Set Important Low
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Our retail forex data suggests the US Dollar may slide further versus the Euro, and a significant shift in positions suggests Gold prices may have set an important low.
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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
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