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EUR/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.

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US Dollar Outlook: EUR/USD Stumbles Lower as Fed Meeting Looms
2021-01-25 22:30:00
EUR/USD Still Susceptible to Larger Pullback as RSI Divergence Remains
2021-01-25 20:00:00
Oil - US Crude
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.

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Gold, Crude Oil Outlook: Big Week Ahead with FOMC, US Q4 GDP in Focus
2021-01-25 06:00:00
Markets Week Ahead: Nasdaq 100, US Dollar, Crude Oil, Fed, IMF, Tech Earnings
2021-01-24 16:00:00
Wall Street
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.

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As a New Retail Trader Age Rises, Heed Tales of Past Manias
2021-01-25 18:30:00
Dow, VIX, Tesla and Leverage Reflect Greater Risk to the Relentless Bull Market
2021-01-25 00:00:00
Gold
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.

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Gold Price Forecast: Precious Metal Consolidates Ahead of Next Big Move
2021-01-25 21:10:00
Gold Price (XAU/USD) Unable to Break Through Technical Chart Resistance
2021-01-25 12:00:00
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.

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FX Week Ahead - Top 5 Events: UK Jobs, Australia Inflation, Fed Meeting, Mexico & US GDP
2021-01-25 19:30:00
US Dollar Steady, Euro Slips, GBP Benefits From Vaccine Success - US Market Open
2021-01-25 14:00:00
USD/JPY
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.

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FX Week Ahead - Top 5 Events: UK Jobs, Australia Inflation, Fed Meeting, Mexico & US GDP
2021-01-25 19:30:00
USD/JPY Price Analysis: Japan’s Tighter Lockdown and FOMC in Focus
2021-01-25 11:51:00
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Real Time News
  • BoJ Minutes: Members say YCC framework has been working well. A few members noted that active ETF buying should continue for time being -BBG
  • In her confirmation as Secretary of Treasury, Janet Yellen becomes the first person in American history to hold the triumvirate of Sec'y of Treasury, Fed Chair, and Chair of the Council of Economic Advisors.
  • Stocks may have brushed aside news the US fiscal package may not arrive before mid-March But, you know what didn't? Treasuries Average of 10Y and 30Y rates at lowest since late Dec Stopped right on the 20-day SMA Overall, coming off March 2020 peaks, but AUG uptrend holds https://t.co/wm0blgxT7D
  • The calls for stimulus will be strong in the United States between Secretary Yellen, Chair Powell and President Biden. Now, is that a benefit to the Dollar for relative risk or a detriment in inflation terms? https://t.co/gMyjKoBekO
  • Heads Up:🇨🇭 World Economic Forum Annual Meeting due at 00:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-01-26
  • Heads Up:🇯🇵 BoJ Monetary Policy Meeting Minutes due at 23:50 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-01-25
  • The Bitcoin/Ethereum ratio’s break to its lowest levels since August 2018 suggests that ETH may continue to outperform BTC in the coming weeks. Key levels to watch for Bitcoin and Ethereum. Get your $btc market update from @DanielGMoss here:https://t.co/mo3rw7bP4v https://t.co/UUbjzqhT1p
  • US Senate confirms former Fed Chair Janet Yellen as Treasury Secretary -AFP
  • 🇰🇷 GDP Growth Rate YoY Adv (Q4) Actual: -1.4% Expected: -1.7% Previous: -1.1% https://www.dailyfx.com/economic-calendar#2021-01-25
  • Majority of US Senate votes to confirm Janet Yellen as Treasury Secretary, voting will continue - BBG
Trading EUR/JPY Short Term

Trading EUR/JPY Short Term

Jamie Saettele, CMT, Sr. Technical Strategist

Watch the 60 day average, Elliott channel support, and former pivots at 11704 and 11598 as February comes to a close and March begins. A final plunge into 11600-11700 may offer us the opportunity to go long. Near term, the EURJPY may be forming a triangle before the drop into mentioned levels. Trading wise, shorts are favored below 12135 with a 11800 target. Exceeding 12135 would warrant a neutral stance until 12225/55-at which point shorts would be favored again.

--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com

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

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Jamie is the author of Sentiment in the Forex Market.

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

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