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US Dollar at Risk of Continued Declines versus Gold, Euro

US Dollar at Risk of Continued Declines versus Gold, Euro

David Rodriguez, Head of Product

- 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

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 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

US Dollar at Risk of Continued Declines versus Gold, Euro

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.

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.

US Dollar at Risk of Continued Declines versus Gold, Euro

--- 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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