– US Dollar may lose further versus Euro, New Zealand Dollar
– Forecast for Gold Prices points to losses, watch Australian Dollar
– See full analysis below in individual currency sections
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View individual currency sections:
EURUSD – Euro Likely to Challenge Important Resistance Levels
GBPUSD – British Pound Fails at Key Resistance, Losses Likely
USDJPY – US Dollar Outlook Positive versus Japanese Yen
AUDUSD – Australian Dollar at Risk of Further Declines
NZDUSD – New Zealand Dollar May have Set Significant Low
XAUUSD – Gold Prices Lose their Luster, Watch for Further Declines
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The US Dollar may have set an important high versus the Euro and New Zealand Dollar, but watch the price of gold and the Australian Dollar for further USD-buying opportunities.
See specific US Dollar forecasts in the sections above, and sign up for future e-mail updates via this author’s e-mail distribution list.
— Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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