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.

Free Trading Guides
EUR/USD
Bearish
GBP/USD
Mixed
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
Gold
Bearish
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
Bitcoin
Bearish
More View more
Real Time News
  • $EURUSD bounce from Fib support up to Fib resistance https://t.co/4NSZ1BIW7y
  • Forex Update: As of 15:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.88% 🇨🇭CHF: 0.09% 🇪🇺EUR: 0.08% 🇦🇺AUD: -0.12% 🇨🇦CAD: -0.22% 🇬🇧GBP: -0.26% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/eJUkRasjLO
  • Indices Update: As of 15:00, these are your best and worst performers based on the London trading schedule: US 500: -2.79% Wall Street: -2.96% France 40: -3.99% Germany 30: -3.99% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/nK6SjSf2hy
  • Dow Jones Falls to its Lowest Price in 2020, Will DJIA Test Monthly Support? More details in the link below: https://www.dailyfx.com/forex/technical/article/special_report/2020/02/24/Dow-Jones-Falls-to-its-Lowest-Price-in-2020-Will-DJIA-Test-of-Monthly-Support-MK.html?CHID=9&QPID=917714 https://t.co/oey1c3t6LD
  • Germany 30 IG Client Sentiment: Our data shows traders are now net-long Germany 30 for the first time since Feb 03, 2020 when Germany 30 traded near 12,999.10. A contrarian view of crowd sentiment points to Germany 30 weakness. https://www.dailyfx.com/sentiment https://t.co/kuP6G13JFT
  • France 40 IG Client Sentiment: Our data shows traders are now net-long France 40 for the first time since Oct 03, 2019 when France 40 traded near 5,464.40. A contrarian view of crowd sentiment points to France 40 weakness. https://www.dailyfx.com/sentiment https://t.co/WGVZYX1IKX
  • Current US Treasury Yield Curve inversion https://t.co/UMfyVhuk4a
  • Commodities Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Gold: 1.81% Silver: 1.23% Oil - US Crude: -3.90% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/qhKj0AqwkV
  • RT @LiveSquawk: WHO’s Tedros: Increase In #Coronavirus Cases Outside China Is ‘Concerning’ - Virus Has Pandemic Potential, But Is Not A Pa…
  • White House preparing to request emergency spending package from congress to finance Coronavirus response, according to Washington Post
EURUSD: Looking to Sell Again

EURUSD: Looking to Sell Again

2011-10-31 11:01:00
Ilya Spivak, Sr. Currency Strategist
Share:

Last week's EURUSD rally appears corrective, with the pair now recoiling from key resistance at 1.4254 at the intersection of the 61.8% Fibonacci retracement level and the underside of a rising channel that defined the trend from June 2010 to September 2011. I will look for confirmation on a dailyc lose below 1.3986 to re-enter short.

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

DISCLOSURES

News & Analysis at your fingertips.