- Retail FX traders scale back their US Dollar-short positions
- Watch for the potential of a key turn versus the Euro and other majors
- 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 Nears Turning Point as Sentiment Shift
GBPJPY - British Pound Forecast to Gain further versus Japanese Yen
USDCAD - US Dollar Remains in Control versus Canadian Dollar
SPX500 - S&P 500 Likely to Hit Fresh Peaks
NZDUSD - New Zealand Dollar Outlook Turns Positive
XAUUSD - Gold Price Forecast to Hit Further Lows
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Retail FX traders have scaled back their one-sided positioning versus the US Dollar. Here’s why we think the Greenback may soon turn lower versus the Euro and other key counterparts.
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
