News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bearish
Oil - US Crude
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
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
Gold
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
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • Japanese candlesticks are a popular charting technique used by many traders, and the shooting star candle is no exception. Learn about the shooting star candlestick and how to trade it here: https://t.co/mfwJ0sZLTs https://t.co/tCamGDogVf
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.49%, while traders in Germany 30 are at opposite extremes with 69.49%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/SAhyfFIUX0
  • Intel upside remains constrained by chip shortages and supply chain disruptions - CEO
  • Intel Q1 Earnings: Revs: $19.67B vs. est. $17.86B EPS: $1.39 vs. est. $1.15 $INTC
  • Gold Price Outlook: Are Gold Bulls Back in the Driver's Seat? https://www.dailyfx.com/forex/technical/home/analysis/xau-usd/2021/04/22/gold-price-outlook-are-gold-bulls-back-in-the-drivers-seat.html $Gold
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.00% US 500: -0.02% France 40: -0.40% Germany 30: -0.51% FTSE 100: -0.59% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/j5sQjRSVGX
  • GBP/USD is in full-retreat, falling below the 1.39 level as investors flock to $USD $GBPUSD https://t.co/QojEW8ksLC
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here: https://t.co/arxYmtQeUn https://t.co/TUcaaK6R0T
  • White House Press Sec. Jen Psaki: President Biden believes that expenditures can be done on the backs of the wealthiest $USD
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.38% Gold: -0.70% Silver: -1.78% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/CYQirgCosh
Daily Observations: April 10, 2013

Daily Observations: April 10, 2013

Christopher Vecchio, CFA, Senior Strategist

Current Positions:

Flat

Typical Time Frame: 1-day to 1-week

Are you new to FX or curious about your trading IQ?

Nothing doing on my end, but the declines seen by the Japanese Yen and the US Dollar have shifted momentum in the near-term, presenting bullish opportunities for the Aussie and the Euro.

AUDUSD

Daily: (8-EMA > 21-EMA) > 200-DMA = BULLSH

4H: 8-EMA > 21-EMA = BULLISH

1H: 8-EMA > 21-EMA = BULLISH

Position: Flat, waiting on 1H for buy-signal

EURUSD

Daily: (8-EMA > 21-EMA) > 200-DMA = BULLISH

4H: 8-EMA > 21-EMA = BULLISH

1H: 8-EMA > 21-EMA = BULLISH

Position: Flat, waiting on 1H for buy-signal

GBPUSD

Daily: (8-EMA > 21-EMA) < 200-DMA = NEUTRAL (bearish cross imminent)

4H: 8-EMA > 21-EMA = BULLISH

1H: 8-EMA = 21-EMA = NEUTRAL

Position: Flat, waiting on 1H for a soft buy-signal

USDJPY

Daily: (8-EMA > 21-EMA) > 200-DMA = BULLISH

4H: 8-EMA > 21-EMA = BULLISH

1H: 8-EMA > 21-EMA = BULLISH

Position: Flat, waiting on 1H for a buy signal

As always, any other trade ideas and general macroeconomic musings can be found in the DailyFX Real Time News feed, or by following me on Stocktwits/Twitter @CVecchioFX.

I also host a weekly Live Trading Q&A in DailyFX Plus, on Tuesdays at 07:15 EST / 12:15 GMT, in which I delve deeper into my positions and thought processes behind my analyses.

--- Written by Christopher Vecchio, Currency Analyst

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

To be added to Christopher’s e-mail distribution list, please fill out this form

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES