Traders Get it Right Again as Dollar Rallies

| 3 april, 2014 | 0 kommentarer

– Important shifts in retail forex sentiment favor continued Dollar strength

The Euro, British Pound, Japanese Yen, Gold Prices, and the New Zealand Dollar look vulnerable

-We need to see the DJ FXCM Dollar Index breach key resistance to confirm shift

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

View individual currency sections:

EURUSD – Euro Targets Lows as Crowds Buy into Post-ECB Tumble

GBPUSD – British Pound Likely Trades Lower for These Reasons

USDJPY – Dollar Forecast to Test Fresh Multi-Year Highs versus Yen

NZDUSD – New Zealand Dollar May Have Finally Turned

GOLD – Gold Prices See no Relief in Sight as Further Lows likely

USDCHF – Swiss Franc is no Match as US Dollar takes Center Stage

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

ssi_table_story_body_Picture_5.png, Traders Get it Right Again as Dollar Rallies - Why Might it Continue?

Traders got it right once more as they positioned for a Dollar bounce. Why might the Greenback continue higher versus the Euro, Sterling, JPY, Gold, and NZD?

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.

ssi_table_story_body_Picture_6.png, Traders Get it Right Again as Dollar Rallies - Why Might it Continue?

ssi_table_story_body_Picture_7.png, Traders Get it Right Again as Dollar Rallies - Why Might it Continue?

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Written by David Rodriguez, Quantitative Strategist for DailyFX.com

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