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.

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
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
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.

Data provided by
Wall Street
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.

Data provided by
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.34% 🇪🇺EUR: 0.34% 🇬🇧GBP: 0.33% 🇨🇦CAD: 0.18% 🇳🇿NZD: 0.15% 🇯🇵JPY: 0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/JKnNu9wyXr
  • Heads Up:🇷🇺 Interest Rate Decision due at 10:30 GMT (15min) Expected: 4.75% Previous: 4.5% https://www.dailyfx.com/economic-calendar#2021-04-23
  • ECB's De Cos - Including transient and mild inflation overshoots in monetary policy strategy is expected to have only a minor impact on inflation expectations - A point plan of exactly 2% would be a reasonable option (current inflation guidance = below, but close to 2%)
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: US 500: 0.20% Wall Street: 0.13% France 40: -0.26% Germany 30: -0.31% FTSE 100: -0.43% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/OEqPvEZrZu
  • 🇬🇧 Markit/CIPS Manufacturing PMI Flash (APR) Actual: 60.7 Expected: 59 Previous: 58.9 https://www.dailyfx.com/economic-calendar#2021-04-23
  • 🇬🇧 Markit/CIPS UK Services PMI Flash (APR) Actual: 60.1 Expected: 59 Previous: 56.3 https://www.dailyfx.com/economic-calendar#2021-04-23
  • 🇬🇧 Markit/CIPS Composite PMI Flash (APR) Actual: 60 Expected: 58.2 Previous: 56.4 https://www.dailyfx.com/economic-calendar#2021-04-23
  • Heads Up:🇬🇧 Markit/CIPS Manufacturing PMI Flash (APR) due at 08:30 GMT (15min) Expected: 59 Previous: 58.9 https://www.dailyfx.com/economic-calendar#2021-04-23
  • Heads Up:🇬🇧 Markit/CIPS UK Services PMI Flash (APR) due at 08:30 GMT (15min) Expected: 59 Previous: 56.3 https://www.dailyfx.com/economic-calendar#2021-04-23
  • Heads Up:🇬🇧 Markit/CIPS Composite PMI Flash (APR) due at 08:30 GMT (15min) Expected: 58.2 Previous: 56.4 https://www.dailyfx.com/economic-calendar#2021-04-23
GBP/USD Longs are Valid above 1.5090

GBP/USD Longs are Valid above 1.5090

Jamie Saettele, CMT, Sr. Technical Strategist

Long GBP and short AUD isn't working out today and it's possible that the GBP leg of the trade will be stopped out (don't forget that the original GBPUSD long was on 3/13 near the lows and the second entry was at 1.5100). If the GBPUSD trades below 1.5090, then I'll be watching for support near 1.4990 (61.8% retracement).

The AUDUSD short (from 3/27) is valid as long as price is below 1.0500 on a daily closing basis. Weakness below 1.0420 would put the short back on track.

Watch the EURUSD down here; if price can hold and exceed 1.2890 by tomorrow, then I'm likely to go long.

New to FX?

Click here to receive Jamie's once a day strategy emails

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

DISCLOSURES