EURUSD – Euro Forecast to Rally Further Against US Dollar
GBPUSD – British Pound Outlook Bullish on Sentiment
USDJPY – Japanese Yen Expected to Recover against USD
USDCHF – Swiss Franc May Strengthen against Dollar
USDCAD – Canadian Dollar Forecast Calls for Gains
GBPJPY – British Pound Forecast Somewhat Bearish Against Yen



A...

EURUSD – Euro Forecast to Recover Against US Dollar
GBPUSD – British Pound Outlook Bullish on Sentiment
USDJPY – Japanese Yen Expected to Decline against USD
USDCHF – Swiss Franc May Strengthen against Dollar
USDCAD – Canadian Dollar Forecast Calls for Gains
GBPJPY – British Pound Forecast Remains Bullish Against Yen



Forex trading...

Euro Forecast to Lose Further Against US Dollar



Impressive Euro declines and US Dollar rallies have been met with aggressive forex crowd buying and selling, giving us strong contrarian signal to sell into EURUSD declines. Much the same can be said for other US Dollar based pairs; our sentiment-based trading systems are mostly long the USD against the Euro, British Pound,...

FXCM Speculative Sentiment Index (SSI) Statistics:



Intraday Highlight:


NZDUSD - The ratio of long to short positions in the NZDUSD stands at -1.51 as nearly 60% of traders are short. Yesterday, the ratio was at 1.16 as 54% of open positions were long. In detail, long positions are 19.9% lower than yesterday and 10.9% stronger since last week. Short positions...

FXCM Speculative Sentiment Index (SSI) Statistics:



Intraday Highlight:


USDCAD - The ratio of long to short positions in the USDCAD stands at 4.33 as nearly 81% of traders are long. Yesterday, the ratio was at 3.93 as 80% of open positions were long. In detail, long positions are 2.5% higher than yesterday and 16.1% stronger since last week. Short...