Watching these Attractive Trade Setups in Dollar, Yen, Euro, and Gold

- 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.

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

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Watching these Attractive Trade Setups in Dollar, Yen, Euro, and Gold