EURUSD - Forex Traders End the Year Short the Euro, We Like Buying
GBPUSD - British Pound Remains Likely to Fall Further
USDCAD - Crowd Sentiment Continues to Favor USD/CAD Gains
AUDUSD - Australian Dollar May Continue Lower versus US Dollar
NZDUSD - New Zealand Dollar Forecast to Strengthen Further
XAUUSD - Price of Gold Likely to Continue Lower
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
Retail FX traders head into the New Year net-short the Euro, Australian Dollar, and New Zealand Dollar; we favor further near-term gains. But watch for Dollar gains versus GBP, CAD, and Gold Prices.
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
