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.

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
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
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Bearish
GBP/USD
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
USD/JPY
Bullish
More View more
Real Time News
  • Heads Up:🇬🇧 BoE Cunliffe Speech due at 12:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-05-13
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 90.36%, while traders in GBP/JPY are at opposite extremes with 69.94%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/KkMtUpOZdy
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Gold: -0.21% Silver: -0.93% Oil - US Crude: -2.65% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/eNQowu5LRj
  • Germany 30 IG Client Sentiment: Our data shows traders are now net-long Germany 30 for the first time since May 05, 2021 08:00 GMT when Germany 30 traded near 15,153.80. A contrarian view of crowd sentiment points to Germany 30 weakness. https://www.dailyfx.com/sentiment https://t.co/1T0AOilLMv
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.08% 🇯🇵JPY: 0.06% 🇨🇦CAD: -0.07% 🇳🇿NZD: -0.26% 🇬🇧GBP: -0.31% 🇦🇺AUD: -0.41% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/9SsLWtxeZI
  • Forex quotes reflect the price of different currencies at any point in time. Since a trader’s profit or loss is determined by movements in price, it is essential to develop a sound understanding of how to read currency pairs. Learn how to read quotes here: https://t.co/CNtqrKWDBY https://t.co/odJkU3mp5B
  • 🇮🇪 Inflation Rate YoY (APR) Actual: 1.1% Previous: 0% https://www.dailyfx.com/economic-calendar#2021-05-13
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: US 500: -0.34% Wall Street: -0.53% France 40: -1.40% Germany 30: -1.62% FTSE 100: -2.02% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/9QFO66TbHM
  • $BTC https://t.co/Ai3O9ITqEu
  • Heads Up:🇮🇪 Inflation Rate YoY (APR) due at 10:00 GMT (15min) Previous: 0% https://www.dailyfx.com/economic-calendar#2021-05-13
Jamie's Pick: 10/25/12

Jamie's Pick: 10/25/12

Jamie Saettele, CMT, Sr. Technical Strategist

FOREX Trading Strategy:

I am short GBPUSD after the pop ths morning in GDP. Stops are above 16228. One may be able to get a better entry with estimated resistance at 16157 and 16227 but I like reward/risk even at the current level.

I am long NZDUSD from yesterday's close. Upside remains favored but beware of a dip after the US open. Support for today is 8210. Upside potential in NZDUSD is probably greater than upside potential in AUDUSD as per the AUDNZD reversal yesterday. Interim resistance for NZDUSD is 8260/98 although focus is on new highs (above 8356).

To contact Jamie e-mail jsaettele@dailyfx.com. Follow me on Twitter for real time updates @JamieSaettele

Subscribe to Jamie Saettele's distribution list in order to receive actionable FX trading strategy delivered to your inbox once a day.

Meet the DailyFX team in Las Vegas at the annual FXCM Traders Expo, November 2-4, 2012 at the Rio All Suite Hotel & Casino. For additional information regarding the schedule, workshops and accommodations, visit the FXCM Trading Expo website.

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

DISCLOSURES