Huh. Since last few weeks they have been shouting long usd!
Dollar Vulnerability Emerges, S&P 500 Overturns Bearish Break
US Dollar technical positioning shows early signs of a possible turn lower. The S&P 500 has overturned the bearish breakout triggered three weeks ago. Capitalize on Shifts in Market Mood with the DailyFX Speculative Sentiment Index. US DOLLAR TECHNICAL ANALYSIS – Prices broke above resistance at 10946, the 100% Fibonacci expansion, opening the door for a move higher to challenge the 123.6% level at 11016. Early signs of negative RSI divergence warn of ebbing bullish momentum however and hint a turn lower may be ahead. The 10946 mark has been recast as near-term support, with a move back beneath that aiming for the ... (full story)