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Trader Data Shows Euro and US S&P 500 Face Critical Test

Trader Data Shows Euro and US S&P 500 Face Critical Test

David Rodriguez, Head of Product

Share:

EURUSD - Euro Puts our Trading Strategy to a Real Test

GBPUSD - British Pound May Stick to Tight Range

NZDUSD - New Zealand Dollar Forecast to Gain Unless this Changes

XAUUSD - Gold Prices Likely to Remain Range-bound

DAX - German DAX Forecast to Strengthen Alongside S&P 500

S&P - S&P 500 Once Again Looks like a Buy

Receive the Weekly Speculative Sentiment Index report via David’s e-mail distribution list.

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Retail FX traders have sold aggressively into the sharp Euro and S&P 500 rallies. A contrarian view of crowd sentiment favors buying, but it will be critical to watch these key factors.

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

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

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