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.



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
Please try again
Oil - US Crude
Wall Street
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
More View more
Real Time News
  • The London trading session accounts for around 35% of total average forex turnover*, the largest amount relative to its peers. The London forex session overlaps with the New York session. Learn about trading the London forex session here:
  • 🇮🇹 Balance of Trade (NOV) Actual: €6.766B Previous: €7.565B
  • IEA lowers forecast for global oil demand by 600kbpd for Q1 21 and 300kbpd for whole of 21
  • Another strong move in the Ether (ETH)/Bitcoin (BTC) spread...#eth #btc #cryptocurrency @DailyFX Prices via @IGcom
  • Germany to extend lockdown measures until Feb 15th - RTRS
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in NZD/USD are at opposite extremes with 64.12%. See the summary chart below and full details and charts on DailyFX:
  • Heads Up:🇮🇹 Balance of Trade (NOV) due at 09:00 GMT (15min) Previous: €7.565B
  • 🇭🇰 Unemployment Rate (DEC) Actual: 6.6% Previous: 6.3%
  • Commodities Update: As of 08:00, these are your best and worst performers based on the London trading schedule: Silver: 1.26% Oil - US Crude: 0.72% Gold: 0.34% View the performance of all markets via
  • The US Dollar may be finding a turning point against ASEAN currencies as smaller fiscal stimulus bets, soft earnings risk and Covid cases translate into some capital flight from equities. Get your market update from @ddubrovskyFX here:
Euro Patterns Uniformly Bearish

Euro Patterns Uniformly Bearish

Jamie Saettele, CMT, Sr. Technical Strategist

FXCM Expo Videos

Innovative Techniques with Traditional Technical Indicators

Trading with the Elliott Wave Principle

Seeing the Forest from the Trees: An Analysis of Global Markets

Afternoon Technicals (all charts)

Other TA (crosses, COT, etc.)

Morning Notes:

I want to concentrate on the euro given the test of resistance in the EURUSD.

EURUSD – The EURUSD is nearing the 13212/50 resistance zone. If it overshoots, then 13300 might even be a possibility. I do like fading strength above 13212 with a stop at 13385. This feels like the ‘last gasp’, a trap, etc.

Euro_Patterns_Uniformly_Bearish_body_eurusd.png, Euro Patterns Uniformly Bearish

Prepared by Jamie Saettele, CMT

EURNZD – The EURNZD is uniformly bearish. Testing resistance from the 3/6 high, bearish continuation in April is favored as long as price is below 16307.

Euro_Patterns_Uniformly_Bearish_body_eurnzd.png, Euro Patterns Uniformly Bearish

Prepared by Jamie Saettele, CMT

EURNZD – 5 waves down and 3 waves up from the March high. It doesn’t get much more bearish than this.

Euro_Patterns_Uniformly_Bearish_body_eurnzd_1.png, Euro Patterns Uniformly Bearish

Prepared by Jamie Saettele, CMT

EURCAD – Either a triangle is complete or will complete next week above 13176. The trend is bearish below 13329. A breakout from the bearish triangle would target the mid 12000s.

Euro_Patterns_Uniformly_Bearish_body_eurcad.png, Euro Patterns Uniformly Bearish

To contact Jamie e-mail Follow me on Twitter @JamieSaettele

To be added to Jamie’s e-mail distribution list, send an e-mail with subject line "Distribution List" to

Jamie is the author of Sentiment in the Forex Market.

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