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EUR/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
US Dollar Price Forecast: Unfazed Fed, Real Yields to Undermine EUR/USD
2021-03-05 07:30:00
EUR/USD & Nasdaq Plunging as Powell Unleashes Yield Surge
2021-03-04 18:18:00
Oil - US Crude
Bullish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Gold Prices at Risk as Crude Oil Benefits from Surprise OPEC+ Output Hold
2021-03-05 06:00:00
Canadian Dollar Price Forecast: USD/CAD Holds Support as USD Drives
2021-03-04 19:45:00
Wall Street
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Dow Jones Sinks Below 31,000, AUD/USD Trendline Breaks as Yields Surge
2021-03-05 00:00:00
Morning Market Minutes: COVID-19 Update, US Vaccines Accelerate, Powell and US NFP
2021-03-04 16:15:00
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Gold Prices at Risk as Crude Oil Benefits from Surprise OPEC+ Output Hold
2021-03-05 06:00:00
Gold Price Outlook: Gold Breakdown Plunges into Downtrend Support
2021-03-04 17:00:00
GBP/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
Central Bank Watch: BOE & ECB Interest Rate Expectations Update
2021-03-04 14:55:00
British Pound (GBP) Latest: GBP/USD to Remain Stable, No Response to UK Budget
2021-03-04 09:00:00
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
News
USDJPY Charges Higher Between Post-Powell Yield Rally and Nasdaq Breakdown
2021-03-05 04:30:00
US Dollar Outlook: USD/JPY on Fire as Yields Soar Post-Powell
2021-03-04 22:30:00
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Real Time News
  • Indices Update: As of 08:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.25% US 500: -0.30% Germany 30: -0.45% France 40: -0.65% FTSE 100: -0.72% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/e4UVs9zs2k
  • 🇫🇷 Balance of Trade (JAN) Actual: €-3.95B Previous: €-3.39B https://www.dailyfx.com/economic-calendar#2021-03-05
  • The Consumer Price Index, better known by the acronym CPI, is an important economic indicator released on a regular basis by major economies to give a timely glimpse into current growth and inflation levels. Learn how to better understand CPI here: https://t.co/nAa0fHHGbZ https://t.co/pBlhEa03sI
  • Heads Up:🇫🇷 Balance of Trade (JAN) due at 07:45 GMT (15min) Previous: €-3.39B https://www.dailyfx.com/economic-calendar#2021-03-05
  • China Foreign Ministry Spokesman Wang Wenbin: Fighting virus requires solidarity, nations to cooperate China, US should cooperate to counter virus - BBG
  • (Commodities Briefing) Gold Prices at Risk as Crude Oil Benefits from Surprise OPEC+ Output Hold #Gold #CrudeOil #OPEC #nfp https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/03/05/Gold-Prices-at-Risk-as-Crude-Oil-Benefits-from-Surprise-OPEC-Output-Hold.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/7MckHTReTu
  • The New Zealand Dollar may resume its broader uptrend, with NZD/USD and NZD/JPY eyeing key rising support. NZD/CAD and NZD/CHF appear to have more room for near-term losses, however.Get your market update from @ddubrovskyFX here:https://t.co/6hD7zsNHIh https://t.co/zYKUh6mVj1
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.87%, while traders in Germany 30 are at opposite extremes with 66.27%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/rNFAg78N7v
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.00% 🇨🇭CHF: -0.04% 🇯🇵JPY: -0.07% 🇪🇺EUR: -0.11% 🇦🇺AUD: -0.19% 🇳🇿NZD: -0.33% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/hpiN5FbuNz
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.32% US 500: -0.38% Germany 30: -0.65% France 40: -0.80% FTSE 100: -0.89% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/B19fwTOt3O

Richard Snow

Markets Writer

Expertise: Technical analysis, macro and economic themes.

At DailyFX Since: 2018

Trading Style

  • Analytical Profile: Technical and Fundamental
  • Time Frame: Medium-Term (2 Days to 2 Weeks)
  • Type: Swing

Can we guess your trading personality?

Experience

  • 4 years of experience in financial markets
  • Worked 1 year at IG in the trading services team

Education

  • Bcom Honours degree in Investment Management from the University of Johannesburg
  • Bcom Honours degree in Insurance & Risk Management from the University of the Witwatersrand (Wits)

Most Important Trading Lesson Learned

“Sometimes the best trade is no trade at all. A rushed trade without proper analysis and execution is a recipe for disaster”

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News & Analysis

IBEX 35 and Euro Stoxx 50 May Rise as Eurozone Countries Cast an Eye to Reopening
2021-03-05 02:00:00
Dow Jones Sinks Below 31,000, AUD/USD Trendline Breaks as Yields Surge
2021-03-05 00:00:00
US Dollar Outlook: USD/JPY on Fire as Yields Soar Post-Powell
2021-03-04 22:30:00
Euro Forecast: EUR/AUD, EUR/CAD, EUR/NZD Rates Outlook
2021-03-04 21:15:00
NFP and Forex: What is NFP and How to Trade It?
2021-03-04 21:00:00
Canadian Dollar Price Forecast: USD/CAD Holds Support as USD Drives
2021-03-04 19:45:00
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