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Trends Changing for the Canadian Dollar and Other Majors?

Trends Changing for the Canadian Dollar and Other Majors?

2016-01-21 21:15:00
David Rodriguez, Head of Product
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EURUSD - Euro Likely to Hold Lows - Breakout Next?

GBPUSD - British Pound Forecast to Fall until this Changes

USDCAD - Canadian Dollar May have Set Significant Price Low

AUDUSD - Australian Dollar Likely to Continue Lower

NZDUSD - New Zealand Outlook Unclear until this Shifts

XAUUSD - Gold Prices at Key Juncture

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Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Trends Changing for the Canadian Dollar and Other Majors?

Retail forex traders remain short the US Dollar versus the Euro, Canadian Dollar, Australian Dollar, and New Zealand Dollar—typically this would make us bearish. Yet a major shift warns of a change in trend.

Why and how do we use the SSI in trading? View our video and download the free indicator here

Trends Changing for the Canadian Dollar and Other Majors?

--- 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.

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