US Dollar at Big Turning Point versus Euro, Kiwi, British Pound

DailyFX

- Retail forex traders remain extremely long the US Dollar across the board

- Heavily one-sided sentiment warns of potentially big moves ahead

- Our focus remains on the Euro, NZD, and British Pound at critical technical levels

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View individual currency sections:

EURUSD - Euro Rally Might Accelerate Above this Level

GBPUSD - British Pound Positions Flash Warning

USDJPY - US Dollar Poised to Test Lows versus Japanese Yen

NZDUSD - New Zealand Dollar May Soon set Important Top

AUDUSD - Australian Dollar at Potential Turning Point

USDCHF - Swiss Franc Targets Continued Multi-Year Highs

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

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ssi_table_story_body_Picture_18.png, US Dollar at Big Turning Point versus Euro, Kiwi, British Pound

Forex crowd positions are at records for the US Dollar versus the Euro, British Pound, Swiss Franc, and New Zealand Dollar. Why does this point to a reversal?

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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ssi_table_story_body_Picture_19.png, US Dollar at Big Turning Point versus Euro, Kiwi, British Pound

ssi_table_story_body_Picture_5.png, US Dollar at Big Turning Point versus Euro, Kiwi, British Pound

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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
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