EURUSD - Euro Expected to Rally Further versus Downtrodden US Dollar
GBPUSD - British Pound Forecast May Change on Trader Sentiment
USDJPY - US Dollar Likely to Continue Lower versus Japanese Yen
Spot Gold - Gold Price Rally Likely to Continue until this Changes
AUDUSD - Australian Dollar Remains a Buy until this Changes
S&P 500 - S&P Remains Likely to Hit Further Record Highs
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
IG Client Sentiment data warns the US Dollar may continue lower against the Euro, Australian Dollar, Japanese Yen, and Gold Prices. The summary table underlines that traders remain broadly long US Dollar—a contrarian signal to go short. View individual currency rundowns in the links above.
Why and how do we use IG Client Sentiment in trading? See our guide and real-time data.
--- Written by David Rodriguez, Senior Strategist for DailyFX.com
Contact David via
Twitter at http://www.twitter.com/DRodriguezFX
