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
EUR/USD
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
Oil - US Crude
Bearish
Wall Street
Bearish
Gold
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
GBP/USD
Bullish
USD/JPY
Bullish
More View more
Real Time News
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Gold: -0.27% Silver: -0.58% Oil - US Crude: -1.80% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/KJU1AHNEDG
  • GBP/JPY IG Client Sentiment: Our data shows traders are now net-short GBP/JPY for the first time since Jun 26, 2020 when GBP/JPY traded near 132.21. A contrarian view of crowd sentiment points to GBP/JPY strength. https://www.dailyfx.com/sentiment https://t.co/aHn90OrXVn
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.33% 🇪🇺EUR: -0.22% 🇬🇧GBP: -0.26% 🇳🇿NZD: -0.29% 🇨🇦CAD: -0.32% 🇦🇺AUD: -0.53% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/TJLRwMkful
  • Heads Up:🇸🇪 Monetary Policy Meeting Minutes due at 07:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-07-10
  • RT @DanielGMoss: $USDCAD remains confined by channel resistance although strengthening RSI suggests a breakout may be on the cards. $CADJP…
  • Have you been catching on your @DailyFX podcast "Global Markets Decoded"? Catch up on them now, before new episodes release! https://t.co/Twr44cZ1GB https://t.co/xknMZhmJ5C
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Germany 30: -0.64% France 40: -0.83% US 500: -0.90% FTSE 100: -0.91% Wall Street: -1.03% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/xgu0QJ9H7c
  • 🇫🇷 Industrial Production MoM (MAY) Actual: 19.6 Expected: 15.1% Previous: -20.1% https://www.dailyfx.com/economic-calendar#2020-07-10
  • Heads Up:🇫🇷 Industrial Production MoM (MAY) due at 06:45 GMT (15min) Expected: 15.1% Previous: -20.1% https://www.dailyfx.com/economic-calendar#2020-07-10
  • A macro forex trading guide exploring how to trade the Euro vs the Swedish Krona and Norwegian Krone through the prism of the Core-Perimeter model. Get your market update from @ZabelinDimitri here:https://t.co/n6zwlZJmGO https://t.co/jbUscJ9E0u
Guest Commentary: MarketVisionTV - $ Swiss Flatters to Deceive

Guest Commentary: MarketVisionTV - $ Swiss Flatters to Deceive

2012-02-28 16:30:00
Ian Park at MarketVisionTV.com,
Share:
Guest_Commentary_MarketVisionTV_Swiss_Flatters_to_Deceive__body_8137snapshot.png, Guest Commentary: MarketVisionTV - $ Swiss Flatters to Deceive

The Dollar corrected back from the 89.30 low exactly back to down channel resistance in the 90.10 area and has held below it ever since. The decline looks impulsive as indeed it should being part of a Major C wave from the 93.00 B wave high. However the subdivision of the Third wave is a little messy, our current view is that the rally to 90.10 was only 4 of the larger 3rd wave. Thus the way is open for a drop through 89.30 for the 88.60-80 short term target. Thereafter a reaction should occur in interim 4 before attempting the 87.90 target in 5 as highlighted on the daily analysis. ideally now 90.10 will cap but only above the bottom of wave one at 90.85 negates the structure and opens 91.50 short term but with the prospect to retest 93.00.

Further videos and commentaries are available on www.marketvisiontv.com or @EdMatts on Twitter

By Ian Park at MarketVisionTV.com

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

DISCLOSURES

News & Analysis at your fingertips.