EURUSD - Violent Euro Rally Warns that Downtrend is Over
GBPUSD - British Pound Remains in Clear Downtrend, Losses Likely
USDCAD - US Dollar Remains in Control versus Canadian Dollar
AUDUSD - Australian Dollar Positions at Multi-Year Extremes, Rallies Likely
NZDUSD - New Zealand Dollar in Position to Strengthen
XAUUSD - Gold Prices Likely to Fall Further
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
A violent Euro rally has produced a similarly sharp shift in positions, and our data warns that the EUR/USD downtrend may be over. The US Dollar is increasingly at risk across the board.
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
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