Euro Likely to Fall Further, but German DAX and US S&P 500 Likely to Gain
EURUSD - Euro Forecast to Fall Further as Retail Crowds buy Declines
GBPUSD - British Pound Declines May Slow, but Downtrend not Over Yet
AUDUSD- Australian Dollar Forecast to Hit Further Highs
XAUUSD - Gold Prices Likely to Continue Higher Until this Changes
DAX - German DAX Likely Continue Recovery Rally
S&P - S&P 500 Looks to Rally even Further
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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
An aggressive turn in retail trader sentiment warns that the Euro will likely continue lower, while the S&P 500 and German DAX may recover further. Here’s what we’re watching.
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--- 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.