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
Bullish
Oil - US Crude
Bullish
Wall Street
Bearish
Gold
Bullish
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • a lot of talk about Burry's short on tsla. I'm more intrigued by the bet on inflation. the tsla trade seems to be getting all of the attention Burry was very early on subprime and also pretty early (but ahead of most of the crowd) on $GME. But, his analysis on both was on point
  • DAX 30 sees record high. EUR/USD takes advantage of USD selling. Get your #DAX market update from @HathornSabin here:https://t.co/2uHZRg8ABr https://t.co/aLpmnOYYti
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Silver: 0.32% Oil - US Crude: 0.08% Gold: 0.02% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/pt4D4llGLP
  • $EURUSD finally took out that Fibo resistance 2167, now fresh two month highs. Another fibo nearby, very close to the feb swing high ~2335 concern for continuation is overbought read on h4. but - pullback to support at prior res can keep bulls looking up https://t.co/dh9owX9gAB https://t.co/urrCt77AB8
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.21% US 500: 0.05% Wall Street: 0.04% Germany 30: -0.05% France 40: -0.05% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/win11T070W
  • $GBPUSD with quite the run after last week's 1.4000 test now closing in on three-year-highs https://t.co/KNn3Fu7Dd0 https://t.co/i0QwvlXMB5
  • 🇺🇸 Housing Starts MoM (APR) Actual: -9.5% Previous: 19.8% https://www.dailyfx.com/economic-calendar#2021-05-18
  • 🇺🇸 Building Permits MoM (APR) Actual: 0.3% Previous: 1.7% https://www.dailyfx.com/economic-calendar#2021-05-18
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 87.73%, while traders in Germany 30 are at opposite extremes with 70.35%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/SwH1S3xkva
  • Knowing how to accurately value a stock enables traders to identify and take advantage of opportunities in the stock market. Find out the difference between a stock's market and intrinsic value, and the importance of the two here: https://t.co/QszmdZFxlk https://t.co/G81KIYTKId
Weekly Trading Forecast: EURUSD and Majors Move Closer to Critical Breakouts

Weekly Trading Forecast: EURUSD and Majors Move Closer to Critical Breakouts

US Dollar Fails to Rally on Great Payrolls Data, Remains a Sell

A sharply better-than-expected US Nonfarm Payrolls report wasn’t enough to keep the Dollar from falling versus major FX counterparts, and the Greenback looks at risk of further declines as key fundamental factors favor weakness.

Euro Waits for ECB Balancing Act as Data Bump Limits Policy Reaction

The three-pronged development of higher core CPI, improved PMI surveys, and increased excess liquidity reduces any immediate need for substantive action, like the unveiling of QE. The ECB must now partake in a careful balancing act, as its dovish policy responses are limited even as President Mario Draghi pays lip service to the hope for a weaker Euro.

Gold Posts Key Outside Reversal Post NFPs- $1307 Key Resistance

Gold prices are softer on the week with the precious metal off by 0.42% to trade at $1300 ahead of the New York close on Friday. The week was marked by continued weakness in gold prices as equities rallied into fresh record highs.

AUD/USD Threatens 92.00 Support- Need Dovish RBA for Larger Decline

The long-term outlook for the AUD/USD remains bearish as the pair carves a lower high in April, and the Australian dollar remains at risk of facing a larger decline in the week ahead should the Reserve Bank of Australia (RBA) adopt a more dovish tone for monetary policy.

GBP/USD Climb to New 5 Year Highs Will be Fraught With Danger

The pound has finished out an impressive month and week. Through April, the currency has advanced against all of its major counterparts.

Weekly Trading Forecast: EURUSD and Majors Move Closer to Critical Breakouts

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

DISCLOSURES