– US Dollar finally shows signs of exhaustion versus Yen, Euro, and Kiwi
– British Pound and Australian Dollar nonetheless look like sells
– See full analysis below in individual currency sections
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View individual currency sections:
EURUSD – Euro May have Set Significant Low versus the Dollar
GBPUSD – British Pound Remains in Clear Downtrend
USDJPY – US Dollar Might have Topped versus Yen
AUDUSD – Australian Dollar Remains a Sell until this Changes
NZDUSD – New Zealand Dollar Shows Signs of Turnaround
EURCHF – Euro Remains in Downtrend versus Swiss Franc
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The US Dollar may have finally set important highs versus the Euro and Japanese Yen. Here’s what we’re watching next.
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.
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— Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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