Trends Changing for the Canadian Dollar and Other Majors?
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
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
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.