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. See our updated Privacy Policy here.



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

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more
Jamie's Pick: 07/31/12

Jamie's Pick: 07/31/12

Jamie Saettele, CMT, Sr. Technical Strategist

The EURUSD continues to consolidate the 5 wave advance from 12040. A drop below 12225 could compose wave c and the end of a 3 wave decline from 12389. A measured level for support is 12154 (c=a). As such, longs are favored into 12150s against 12040. An objective remains 12550 (38.2% retracement of larger wave 3 from 13385).

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