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US Dollar at the Verge of a Major Breakdown

US Dollar at the Verge of a Major Breakdown

David Rodriguez, Head of Product

EURUSD - Euro Looks Increasingly Likely to Break Higher

GBPUSD - British Pound May have Made a Lasting Low

USDCAD - Canadian Dollar Likely to Gain further versus US Dollar

AUDUSD - Australian Dollar Forecast to Hit Fresh Peaks

NZDUSD - New Zealand Outlook Depends on this Shift

XAUUSD - Gold Prices Forecast to Hit Further Highs

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Weekly Summary of Forex Trader Sentiment and Changes in Positioning

A substantial shift in retail forex trading sentiment warns that the US Dollar may soon break significantly lower. Here are the currencies and commodities we’re watching.

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

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.