- Retail forex trader data shows that the majority remains steadily short the US Dollar
- A contrarian view of crowd sentiment points to USD strength versus the Euro and others
- Why do we use retail sentiment as a contrarian indicator? View our guide and download here
Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.
View individual currency sections:
EURUSD - Forex Sentiment Data Shows that Euro Remains a Sell
GBPUSD - British Pound at Risk of Continued Declines
USDCAD - US Dollar Remains in Control versus Canadian Dollar
AUDUSD - Australian Dollar Forecast Calls for Further Weakness
NZDUSD - New Zealand Outlook Remains Bearish
XAUUSD - Gold Prices Likely to Fall Further Until this Changes
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Retail forex traders remain heavily short the US Dollar. Our analysis points to continued USD gains against these key currencies.
Why and how do we use the SSI in trading? View our video and download the free indicator here
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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