– Forex trading crowds buying aggressively into US Dollar weakness across the board
– The Greenback looks at special risk of larger breakdown versus the Euro, Yen, Sterling
– We’re watching the next moves crowd sentiment to gauge likelihood of bigger moves
Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.
View individual currency sections:
EURUSD – Euro Forecast to Test Fresh Multi-Year Highs
GBPUSD – British Pound Likely to Break to Fresh 5-Year Highs
USDJPY – Dollar at Critical Price Levels versus Japanese Yen
EURJPY – Euro Not out of the Woods versus Japanese Yen
GOLD – Gold Prices Show Signs of Life, May Recover Further
AUDUSD – Australian Dollar Rally Hits Potential Inflection Point
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The trading crowd is buying aggressively into US Dollar weakness, and the downtrodden Greenback risks a larger breakdown versus the Euro, Yen, and GBP.
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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