US Dollar Likely to Hit Fresh Highs versus GBP, AUD, but Watch Euro, JPYs

DailyFX.com -

- US Dollar in position to rally further versus AUD, GBP, and Gold

- We’re watching key risks in the Euro and Japanese Yen

- Why do we use retail sentiment as a contrarian indicator? View our video guide

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View individual currency sections:

EURUSD - Euro at Clear Risk for Further Declines

GBPUSD - British Pound Forecast to Hit Fresh Lows

USDJPY - US Dollar at Risk versus Yen, but Losses Far from Guaranteed

AUDUSD - Australian Dollar Likely to Decline until this Changes

NZDUSD - New Zealand Dollar Forecast to Decline Further

XAUUSD - Gold Prices Likely to Fall Further

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar Likely to Hit Fresh Highs versus GBP, AUD, but Watch Euro, JPYs

The US Dollar remains in position to hit further highs versus the British Pound, Australian Dollar, and Gold prices. But watch for risks in the Euro and Japanese Yen.

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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.

US Dollar Likely to Hit Fresh Highs versus GBP, AUD, but Watch Euro, JPYs

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

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