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. See our updated Privacy Policy here.

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
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
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.

Data provided by
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Bullish
More View more
Real Time News
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: US 500: 0.06% France 40: -0.05% Germany 30: -0.06% Wall Street: -0.12% FTSE 100: -0.12% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/sQtWwqxVB7
  • today's webinar uploaded and ready to go -> Heavy $USD focus, looking at $EURUSD, $GBPUSD, $USDCAD and $AUDUSD https://t.co/YlQt67Gr4t
  • Heads Up:💶 ECB President Lagarde Speech due at 16:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-06-23
  • Momentum off of the Fed rate forecast and subsequent reversal has faded and now the markets are weighing growth. DailyFX Chief Strategist @JohnKicklighter discusses Wednesday trade! https://t.co/UetJ3bUPhx
  • Going live for this week's webinar in 5 minutes, talking updated tech levels on the major indices, gold and crude as well as a recap of $AMZN Prime Day and its impact on the stock Join here - https://t.co/BY5KNZL8nf https://t.co/lVUKDPMMkA
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.42% 🇳🇿NZD: 0.39% 🇬🇧GBP: 0.18% 🇨🇦CAD: 0.17% 🇪🇺EUR: 0.10% 🇯🇵JPY: -0.05% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/r7HMBxWAon
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.14% US 500: 0.08% Wall Street: -0.08% France 40: -0.60% Germany 30: -0.75% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/aJA5hMmy6P
  • Heads Up:🇺🇸 Fed Bostic Speech due at 15:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-06-23
  • $EURUSD moving in for a resistance test https://t.co/IVDgKspjaf https://t.co/rhnzdAwiEI
  • AUD/USD bounces back from FOMC selloff. Powell returns to bearish rhetoric after markets react to hawkish FOMC. Get your $AUDUSD market update from @HathornSabin here:https://t.co/hYD0jSbkNx https://t.co/9FUCS7HjbN
USD Weakness Sets in as GBP Extends, Readies for Gains

USD Weakness Sets in as GBP Extends, Readies for Gains

Christopher Vecchio, CFA, Senior Strategist

Talking Points:

- GBPUSD breaks through critical 1.5165/5200 region.

- GBPJPY tests December-March downtrend - breakout soon?

- See the April forex seasonality report.

The British Pound looks primed to extend its gains and in one case, begin an explosive breakout move. See the above video for technical considerations in EURUSD, GBPUSD, EURGBP, and GBPJPY.

Read more: More USD Downside Due in Days Ahead?

--- Written by Christopher Vecchio, Currency Strategist

To contact Christopher Vecchio, e-mail cvecchio@dailyfx.com

Follow him on Twitter at @CVecchioFX

To be added to Christopher’s e-mail distribution list, please fill out this form

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

DISCLOSURES