Skip to content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Euro Forecast has Changed as Forex Traders Switch Direction

Euro Forecast has Changed as Forex Traders Switch Direction

David Rodriguez, Head of Product

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

Receive the Weekly Speculative Sentiment Index report via David’s e-mail distribution list.

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Euro Forecast has Changed as Forex Traders Switch Direction

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

Euro Forecast has Changed as Forex Traders Switch Direction

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

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.

DISCLOSURES