Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Oil - US Crude
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
More View more
Breaking news

Australia added 114.7k jobs in July, beating 30.0k estimate. Unemployment rate fell to 7.5%, outperforming the 7.8% estimate

Real Time News
  • Why financial market traders must monitor both monetary and fiscal policy? Find out from @MartinSEssex here:https://t.co/Fkzk88Y5gm https://t.co/RD5jfhST15
  • If you missed today's live coverage of the Australian jobs reports where I discussed recent price action and the trajectory of $AUDUSD, $AUDJPY and $AUDNZD, check out the recording on YouTube here - https://t.co/DFtslv9p9J
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Silver: 1.36% Gold: 1.08% Oil - US Crude: -0.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/D73pACW7Wo
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.20% 🇬🇧GBP: 0.19% 🇨🇭CHF: 0.14% 🇦🇺AUD: 0.07% 🇨🇦CAD: 0.04% 🇳🇿NZD: -0.08% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/iWfve22mC7
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.74%, while traders in US 500 are at opposite extremes with 78.31%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/pr60jYN4lU
  • Are we witnessing a positive month for the FTSE as bulls take control? Find out here: https://t.co/j89IW0WMY7 https://t.co/JECJAfuFJW
  • #AUDUSD edged slightly higher after better-than-expected jobs report https://t.co/1sG8q6hGcc
  • 🇦🇺 Full Time Employment Chg (JUL) Actual: 43.5K Previous: -38.1K https://www.dailyfx.com/economic-calendar#2020-08-13
  • 🇦🇺 Employment Change (JUL) Actual: 114.7K Expected: 40K Previous: 210.8K https://www.dailyfx.com/economic-calendar#2020-08-13
  • 🇦🇺 Unemployment Rate (JUL) Actual: 7.5% Expected: 7.8% Previous: 7.4% https://www.dailyfx.com/economic-calendar#2020-08-13
Nikkei 225 Battle Lines Drawn- Key Levels to Know

Nikkei 225 Battle Lines Drawn- Key Levels to Know

2017-03-07 17:39:00
Michael Boutros, Strategist

The index is in consolidation below a critical confluence resistance barrier. Here are the updated targets & invalidation levels that matter.

Talking Points

  • Index in consolidation below critical resistance barrier
  • Updated targets & invalidation levels
  • Looking for more trade ideas? Review DailyFX’s 2017 Trading Guides. Join Michael for Live Weekly Trading Webinars on Mondays at 13:30GMT (8:30ET)

Nikkei 225 Daily

Nikkei 225 Daily

Technical Outlook:The Nikkei 225 has continued to consolidate below a critical resistance threshold at 19636/76 since the start of the year. This level is defined by the 161.8% extension of the advance off the 2016 low & the 78.6% retracement of the decline off the 2016 high and converge on the 50-line of the ascending median-line formation over the next few days. Key confluence daily support rests at 19018 where the 2017 low-day close converges on basic trendline support.

The near-term focus is on a break of this range with a close above needed to mark resumption of the broader uptrend. Such a scenario eyes subsequent topside resistance objectives at 20026 and the median-line / 2016 high-day close at 20746. A break below this formation risks a more meaningful correction towards confluence support at 18596/650 where the 100% extension, 61.8% retracement, 100-day moving average and the yearly lows converge on the lower median-line support. We’ll reserve this region as our bullish invalidation.

Nikkei 225 - 240min

Nikkei 225 240min

Notes: A closer look at price action highlights this consolidation range below key resistance with the 61.8% retracement of the advance off the yearly low further emphasizing the significance of the 19018/31 near-term support zone. Until this formation breaks, keep these levels in focus. Ultimately, I am looking higher- but for now we would need to respect a break below 19018 as a more noteworthy technical development. Keep in mind we have the FOMC & the BOJ within a 24-hour block next week.

Relevant Data Releases

Nikkei 225 Battle Lines Drawn- Key Levels to Know

Other Setups in Play:

---Written by Michael Boutros, Currency Strategist with DailyFX

Follow Michael on Twitter @MBForex contact him at mboutros@dailyfx.com or Click Here to be added to his email distribution list.

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


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.