FXCM/DailyFX Signals and Analysis

[Jason Rogers]

US Dollar on the Verge of a Major Breakdown

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

For David Rodriguez's full report on the Speculative Sentiment Index (SSI), visit DailyFX.com​

 

[Jason Rogers]

US Dollar Breakdown is the Real Deal - Here’s Why


A major turn in price and forex trader positions warns that the US Dollar will likely continue lower versus the Euro, British Pound, Canadian Dollar, and Gold prices. David Rodriguez explains why in his weekly summary of the Speculative Sentiment Index (SSI) on DailyFX.com:

 

[Jason Rogers]

Data Points to S&P 500 Losses and a Gold Price Surge


A massive shift in Gold and S&P 500 sentiment warns that further losses are in store for the US Dollar and global stock markets.

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

David Rodriguez discusses the implications of the latest SSI readings for the Euro, Pound, Canadian dollar, Gold, DAX and S&P 500 in his Weekly Speculative Sentiment Index (SSI) report on DailyFX.com

 

[Jason Rogers]

Are both the US Dollar and the S&P 500 Worth Buying?


In his Weekly Speculative Sentiment (SSI) Index report, DailyFX quantitative strategist David Rodriguez says, "A major turn in retail FX trader positioning warns that the Euro could continue lower, while the S&P 500 finally looks like a buy."

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

 

[Jason Rogers]

Cable Gaps Lower; Retail FX Remains Net-Long Ahead of BoE Testimony

 

[Jason Rogers]

GBP/USD – The 8-Year Cycle Revisited


With all the interest in the British pound due to Brexit concerns, I thought you might be interest in this latest chart from senior currency strategy Kristian Kerr:

"The chart [below] shows a fairly clear 8-year low to low cycle in GBP/USD. The 8 to 9 year cycle is one of my idealized intervals as it fits well with the Martin Armstrong Pi cycle and other geometric concepts...

"More importantly, it also argues that GBP/USD is in the tail end of this cycle and should head generally lower into the latter part of next year/first part of 2018, which coincidentally aligns with other long-term relationships..."

You can read Kerr's complete analysis of the GBP/USD 8-year cycle on DailyFX.com

 

[Jason Rogers]

US Dollar and GBP Likely to Fall Even Further Until this Changes


Forex trading crowds continue buying into British Pound and US Dollar weakness.

In his Weekly Summary of Forex Trader Sentiment on DailyFX.com, quantitative strategist David Rodriguez explains why he thinks the GBP and USD will likely fall further against the Euro and Gold.

 

[Jason Rogers]

Euro Likely to Fall Further, but German DAX and US S&P 500 Likely to Gain


An aggressive turn in retail trader sentiment warns that the Euro will likely continue lower, while the S&P 500 and German DAX may recover further.

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

You can see what David Rodriguez is watching in his Weekly Speculative Sentiment Index (SSI) report on DailyFX.com

 

[Jason Rogers]

This recent @DailyFXTeam tweet shows how the Speculative Sentiment Index (SSI) has dropped after today's FOMC announcement.

Yesterday there were 1.8 long positions for every short. Now their are only 1.4. Since SSI is a contrarian indicator, this reduction in long positions is actually a bullish signal that GBP/USD could go higher.

 

[Jason Rogers]

Euro Breakout and Dollar Breakdown Look like the Real Deal

Forex trader sentiment warns that the Euro may finally break higher as the US Dollar sees a big post-Fed sell-off.

Quantitative strategist David Rodriguez explains the key factors he is watching in his article on DailyFX.com