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.

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
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.

Data provided by
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Mixed
GBP/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.

Data provided by
USD/JPY
Mixed
More View more
Real Time News
  • Indices Update: As of 18:00, these are your best and worst performers based on the London trading schedule: FTSE 100: -0.28% Germany 30: -0.28% France 40: -0.34% Wall Street: -1.41% US 500: -1.71% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/PfhSpL5XsO
  • 🇺🇸 Monthly Budget Statement (APR) Actual: $-226B Expected: $-220B Previous: $-660B https://www.dailyfx.com/economic-calendar#2021-05-12
  • We've taken out short-term support on $SPX. Bigger levels below though. For this index, it is 4,000. For the Nasdaq 100, which has a floor more immediately at hand, it is 13,000 https://t.co/KeHxTw81Ht
  • Heads Up:🇺🇸 Monthly Budget Statement (APR) due at 18:00 GMT (15min) Expected: $-220B Previous: $-660B https://www.dailyfx.com/economic-calendar#2021-05-12
  • US Dollar Rip, Dip, Rip Around CPI: EUR/USD, USD/CAD https://www.dailyfx.com/forex/video/live_events/2021/05/12/usd-rip-dip-rip-around-cpi-eurusd-eur-usd-usd-cad-usdcad.html
  • Heads Up:🇺🇸 Fed Harker Speech due at 17:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-05-12
  • EUR/USD pulls back from a fresh monthly high (1.2182) even as the European Central Bank (ECB) slows the pace of the pandemic emergency purchase programme. Get your $EURUSD market update from @DavidJSong here:https://t.co/bBDJlErqVI https://t.co/aA6wqLygPE
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 89.93%, while traders in GBP/USD are at opposite extremes with 69.03%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/HQJH0sy4AD
  • Heads Up:🇺🇸 Fed Bostic Speech due at 17:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-05-12
  • Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.22% Gold: -0.76% Silver: -1.37% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/fRX841FAfC
Trade Setups in USD-pairs Around April US NFPs

Trade Setups in USD-pairs Around April US NFPs

Christopher Vecchio, CFA, Senior Strategist

Talking Points:

- EURUSD restests daily 8-EMA, support since April 23.

- AUDUSD, USDCAD immersed in triangle consolidations.

- See the May forex seasonality report.

The components of the USDOLLAR Index aren't moving in lockstep, offering multiple opportunities for trade depending on today's jobs report outcome. See the above video for technical considerations in EURUSD, GBPUSD, AUDUSD, USDCAD and USDJPY.

Read more: Outside Influences Weigh Heavily on FX Markets

--- 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