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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.

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Oil - US Crude
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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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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Gold
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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Mixed
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Real Time News
  • IHS Markit “Services have once again been especially hard hit, but manufacturing has seen growth almost stall, blamed on a cocktail of COVID-19 and Brexit, which has led to increasingly widespread supply delays, rising costs and falling export" https://t.co/4lzdYJNqLu
  • 🇬🇧 Markit/CIPS UK Services PMI Flash (JAN) Actual: 38.8 Expected: 45 Previous: 49.4 https://www.dailyfx.com/economic-calendar#2021-01-22
  • 🇬🇧 Markit/CIPS Manufacturing PMI Flash (JAN) Actual: 52.9 Expected: 54 Previous: 57.5 https://www.dailyfx.com/economic-calendar#2021-01-22
  • 🇬🇧 Markit/CIPS Composite PMI Flash (JAN) Actual: 40.6 Expected: 45.5 Previous: 50.4 https://www.dailyfx.com/economic-calendar#2021-01-22
  • Litecoin IG Client Sentiment: Our data shows traders are now at their most net-long Litecoin since Nov 25 when Litecoin traded near 81.55. A contrarian view of crowd sentiment points to Litecoin weakness. https://www.dailyfx.com/sentiment https://t.co/48NRtK0I8O
  • Heads Up:🇬🇧 Markit/CIPS UK Services PMI Flash (JAN) due at 09:30 GMT (15min) Expected: 45 Previous: 49.4 https://www.dailyfx.com/economic-calendar#2021-01-22
  • Heads Up:🇬🇧 Markit/CIPS Manufacturing PMI Flash (JAN) due at 09:30 GMT (15min) Expected: 54 Previous: 57.5 https://www.dailyfx.com/economic-calendar#2021-01-22
  • Heads Up:🇬🇧 Markit/CIPS Composite PMI Flash (JAN) due at 09:30 GMT (15min) Expected: 45.5 Previous: 50.4 https://www.dailyfx.com/economic-calendar#2021-01-22
  • 💶 Markit Manufacturing PMI Flash (JAN) Actual: 54.7 Expected: 54.5 Previous: 55.2 https://www.dailyfx.com/economic-calendar#2021-01-22
  • 💶 Markit Composite PMI Flash (JAN) Actual: 47.5 Expected: 47.6 Previous: 49.1 https://www.dailyfx.com/economic-calendar#2021-01-22
Looking to Buy USD/CAD

Looking to Buy USD/CAD

Joel Kruger, Technical Strategist

Our constructive outlook remains intact despite the latest interday pullback with the market largely still consolidating around parity ahead of what we believe will be an eventual retest of the key October highs by 1.0660. From here, look for any interday pullbacks to be very well supported above 0.9900 on a daily close basis, while ultimately, only a close below 0.9900 would give reason for concern. Meanwhile, a close back above 1.0035 confirms and should accelerate gains. Stops executed only on a close below 0.9900 with a 1.0600 objective.

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

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