- Heavily one-sided retail forex trader sentiment warns that US Dollar may continue higher
- Watch specific risks in the EUR/USD, USD/CAD, and Gold Prices
- 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 - Euro Remains a Sell as Trading Crowds Buy
GBPUSD - British Pound Remains in Downtrend, but Watch Key Support
USDCAD - US Dollar Targets Multi-Year Highs versus Canadian Dollar
AUDUSD - Australian Dollar Remains Likely to Fall Further
NZDUSD - New Zealand Dollar Outlook Mixed, but Watch this Price Level
XAUUSD - Gold Price versus US Dollar Likely to Continue Lower
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Our retail FX trader data shows that the trading crowd remains short the US Dollar against most major counterparts. We see it moving higher for these reasons.
Why and how do we use the SSI in trading? View our video and download the free indicator here
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
Contact David via
Twitter at http://www.twitter.com/DRodriguezFX
