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Real Time News
  • Retail FX traders (at IG) have pushed up their long $USDCAD position to levels not seen in years which has nudged the net long to approximately 85% of open interest. They are fighting that trend https://t.co/eIOcdLiPik
  • Risk trends is the focus to start this week with the Nasdaq 100 dragging sentiment down through the close of the NY session. My attention is on the Dollar as pairs like $GBPUSD stare down major resistance or reversal: https://www.dailyfx.com/forex/video/daily_news_report/2021/05/11/EURUSD-GBPUSD-and-Nasdaq-Outlook-Key-Levels-and-Events-Ahead.html?ref-author=Kicklighter&QPID=917719&CHID=9 https://t.co/72GGBPMNcw
  • White House monitoring supply shortages in parts of the southeast -BBG
  • GDP (Gross Domestic Product) economic data is deemed highly significant in the forex market. GDP figures are used as an indicator by fundamentalists to gauge the overall health and potential growth of a country. Learn use GDP data to your advantage here: https://t.co/Yl9vM7kO6a https://t.co/RAtsYwpmXl
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Gold: -0.01% Silver: -0.02% Oil - US Crude: -0.65% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/tutt3qyxXf
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.08% 🇦🇺AUD: 0.06% 🇨🇭CHF: 0.06% 🇬🇧GBP: 0.01% 🇳🇿NZD: -0.06% 🇯🇵JPY: -0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/6eNDJ7TSti
  • 🇵🇭 GDP Growth Rate QoQ (Q1) Actual: 0.3% Previous: 5.6% https://www.dailyfx.com/economic-calendar#2021-05-11
  • 🇵🇭 GDP Growth Rate YoY (Q1) Actual: -4.2% Expected: -3% Previous: -8.3% https://www.dailyfx.com/economic-calendar#2021-05-11
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 88.65%, while traders in Wall Street are at opposite extremes with 77.96%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/qj50s6GehY
  • Nasdaq 100 Tumbles on Inflation Fears, Nikkei 225 and ASX 200 May Fall https://www.dailyfx.com/forex/market_alert/2021/05/11/Nasdaq-100-Tumbles-on-Inflaiton-Fears-Nikkei-225-and-ASX-200-May-Fall.html https://t.co/cGT9iUQosh
The DailyFX Forum

The DailyFX Forum

Thomas Long, Course Instructor

This is the description of the DailyFX forum.  You can find it by clicking on the Forum tab at the top of the DailyFX page.

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Once you are there, you will find many different subjects being discussed.  Everything from Elliott Wave and the EUR/USD to Trading Tips from the DailyFX Course Instructors.  If there is something in particular you were wondering, you are likely to find the answer here either currently being discussed or you can simply post your question to other traders, the DailyFX analysts or the DailyFX Course Instructors.  But, you are likely to find an answer to your question.
 

 

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

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