Forex Tips

Friday, January 30, 2015

Sharp Shift in Forex Positions Suggests Euro has Turned versus US Dollar


EURUSD - Euro Likely Turns Corner as Crowds Sell Aggressively
GBPUSD - British Pound Remains in Clear Downtrend
USDJPY - Japanese Yen Sticks to Consolidation Pattern
AUDUSD - Australian Dollar Poised for Further Losses
NZDUSD - New Zealand Dollar Forecast to Fall Further
GBPJPY - British Pound Outlook Turns Bearish versus Japanese Yen



Weekly Summary of Forex Trader Sentiment and Changes in Positioning


Sharp Shift in Forex Positions Suggests Euro has Turned versus US Dollar

An important shift in retail FX positioning suggests that the Euro may have turned the corner versus the US Dollar.

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