Jamie Saettele, CMT

Sr. Technical Strategist

Market sentiment, technical analysis, important levels, and Elliott wave.
Jamie Saettele is an active trader, Senior Technical Strategist at DailyFX in New York, and author of Sentiment in the Forex Market (Wiley Trading). His technical strategy focuses on sentiment indicators, Elliott Wave, and seasonality. A graduate of Bucknell University, he holds the Chartered Market Technician (CMT) designation from the Market Technician Association.



AUD/USD Outside Day is Still the High

GBP/USD Breakout Targets Near 1.50

EUR/USD-Embrace the Chop

Largest Trend Following Silver Long Position Ever

Trend followers (large speculators…hedge fund crowd) hold the largest net long position in silver ever. The trade is crowded. Read more about silver here.

Emotions Run High in Silver Trade

Activity of this magnitude may indicate at least a short term market top in silver. If weakness does materialize then I’d want to see mid-15.00s hold if silver is in the process of forming a ma...

GBP/USD Acting Well

The USD has turned up from good support (see here). Interestingly, GBP/USD was firm this week.

USDOLLAR Constructive Trade off of August 2015 Low

Crude 42.00 is Important for Near Term Direction

Gold Price-Still a (Bigger) Triangle?

USD/CHF Test for the Rally is at .9786

USD/CAD Plunge Support is Nearby

USD/JPY Bounce or Bottom?

NZD/USD Smacked off of Short Term Channel Top

AUD/USD Outside Daily Reversal Could Indicate a Top

GBP/USD Reverses Sharply after Tagging Trendline Confluence

EUR/USD Continues to Fail Near Major Range Highs

DailyFX Technical Focus: 4/19/2016

The ‘Doha low’ registered at a well-defined price level (August 2015 low and resistance in late December 2015). Respect upside potential while above that level.

USDOLLAR 11730s is Key

Crude Oscillating Between Well-Defined Price Levels

Gold Price-Triangle Breakout Targets are 1310 and 1340

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