– Retail FX traders remain heavily long US Dollar versus Yen and Euro ahead of Fed decision
– Next moves in USD pairs and sentiment likely to prove pivotal. Here’s what we’re watching
– Why do we use retail sentiment as a contrarian indicator? View our video guide
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View individual currency sections:
EURUSD – Euro Risks to Topside, but FOMC Decision Remains Critical
GBPUSD – British Pound May Drop, but We’re Waiting for Bigger Shift in Sentiment
USDJPY – We’ll Wait to See Major US Dollar Breakout versus the Yen
AUDUSD – Australian Dollar Downtrend Intact, but for How Long?
NZDUSD – New Zealand Dollar Forecast Remains Cautiously Bearish
XAUUSD – Gold Prices Show Signs of Life
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The US Dollar is at a potential turning point ahead of the US Federal Reserve interest rate decision. Here is what our retail FX trader data is telling us.
View Real-Time SSI Updates via the FXCM Trading Station Desktop
See a video on how we use the Speculative Sentiment Index in our trading
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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