- Extreme positioning in the Dollar versus the Yen points to bounce
- Euro and Gold remain attractive buys versus the Dollar
- Low forex volatility keeps us focused on major support/resistance levels
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View individual currency sections:
EURUSD - Euro is an Attractive Buy at these Levels
GBPUSD - British Pound Rally not Done Just Yet
USDJPY - Dollar Looks like a Buy versus the Japanese Yen
AUDUSD - Australian Dollar Likely Set Important Price Top
GOLD - Gold Prices Target Yearly Highs Near $1390
EURJPY - Euro Breakdown versus Yen Warns Against Complacency
Weekly Summary of Forex Trader Sentiment and Changes in Positioning
The Dollar looks like an attractive buy versus the Japanese Yen for these key reasons, but we’re watching for further Euro and Gold price gains at these levels.
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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