Here is majors’ sentiment for today:

Eur/Usd: Slightly Bullish

Gbp/Usd: Slightly Bullish

Usd/Chf: Bearish

Usd/Jpy: Bullish

Eur/Gbp: Bearish

Eur/Jpy: Neutral

Gbp/Jpy: Bullish

Forex options risk reversals show distinct risk that the US Dollar may slip further against the Euro, Australian Dollar and New Zealand Dollar through short-term trade. Indeed, traders have begun to aggressively bet on and hedge against further Euro strength via options, and recently one-sided speculative futures positioning shows distinct risk of near-term corrections.

For years, savvy traders have incorporated sentiment into their trading approach. 

The broad based consolidation in the major currencies continues with the Euro once again failing to establish any topside momentum and falling back into the middle of a multi-day bearish consolidation against the buck.

Here is majors’ sentiment for today:

Eur/Usd: Bearish

Gbp/Usd: Bearish

Usd/Chf: Slightly Bullish

Usd/Jpy: Bearish

Eur/Gbp: Slightly Bullish

Eur/Jpy: Bearish

Gbp/Jpy: Bearish