- 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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Weekly Summary of Forex Trader Sentiment and Changes in Positioning
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?
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--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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- Utility Industry
- US Dollar
- British Pound