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
EUR/USD
Bullish
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
Wall Street
Bullish
Gold
Mixed
GBP/USD
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
USD/JPY
Bearish
More View more
Real Time News
  • 🇩🇪 Balance of Trade (MAY) Actual: €7.1B Previous: €3.5B https://www.dailyfx.com/economic-calendar#2020-07-09
  • 🇩🇪 Balance of Trade s.a (MAY) Actual: €7.6B Expected: €5.2B Previous: €3.2B https://www.dailyfx.com/economic-calendar#2020-07-09
  • Heads Up:🇩🇪 Balance of Trade (MAY) due at 06:00 GMT (15min) Previous: €3.5B https://www.dailyfx.com/economic-calendar#2020-07-09
  • Heads Up:🇩🇪 Balance of Trade s.a (MAY) due at 06:00 GMT (15min) Expected: €5.2B Previous: €3.2B https://www.dailyfx.com/economic-calendar#2020-07-09
  • Understanding the US-Mexico relationship and how the ebb and flow of economic activity in the former impacts the latter is crucial for trading USD/MXN. Get your $USDMXN market update from @ZabelinDimitri and @FxWestwater here:https://t.co/oCRV13zbF0 https://t.co/9VKH7CHB8Y
  • RT @DanielGMoss: $USDCNH: RSI registers oversold reading for the first time since the US-China 'phase one' trade deal in January. $USD $CNH…
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.94%, while traders in US 500 are at opposite extremes with 72.37%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/plFxRXM0uT
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.32% 🇨🇭CHF: 0.18% 🇳🇿NZD: 0.17% 🇦🇺AUD: 0.12% 🇨🇦CAD: 0.07% 🇯🇵JPY: -0.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/7LQ64GzSvX
  • A macro forex trading guide exploring how to trade the Euro vs the Swedish Krona and Norwegian Krone through the prism of the Core-Perimeter model. Get your market update from @ZabelinDimitri here:https://t.co/n6zwlZJmGO https://t.co/rYkYIIVNQJ
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: Germany 30: 1.47% France 40: 1.18% FTSE 100: 0.78% US 500: 0.20% Wall Street: 0.17% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/UJ2NbRFbDk
Canadian Dollar Cross Pick 02.13.2012

Canadian Dollar Cross Pick 02.13.2012

2012-02-13 14:50:00
David Song, Strategist
Share:

The USD/CAD looks poised for a reversal as the pair finally closed above the 10-Day SMA (0.9972), and I would like to go long at the 20-Day SMA (1.0022) as I expect the pair to recoup the losses from earlier this year. However, as the DailyFX Speculative Sentiment Index continues to cast a bearish outlook for the dollar-loonie, I will sit pat until we see the ratio come back from positive territory.

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

DISCLOSURES

News & Analysis at your fingertips.