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
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
Oil - US Crude
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
Wall Street
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
Gold
Bearish
GBP/USD
Bullish
USD/JPY
Mixed
More View more
Real Time News
  • $EURUSD is currently setting fresh intraday highs above the 1.2080 level, edging above the highs set earlier in the week to hit its highest level since early March. $EUR $USD https://t.co/wcARbp81Et
  • EUR/USD appears to be stuck in a narrow range as the European Central Bank (ECB) retains the current course for monetary policy. Get your $EURUSD market update from @DavidJSong here:https://t.co/UdgBEQ3MCi https://t.co/uwkNwc1Ikm
  • US Indices are stronger today, recovering from yesterday's selloff driven by capital gains tax headlines. DOW +0.68% SPX +1.17% NDX +1.53% RUT +1.49% $DIA $SPY $QQQ $IWM
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.02%, while traders in US 500 are at opposite extremes with 68.36%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/8OCSgtJeBx
  • there's a bullish channel in here the spans back to last year's q4 $EURJPY support side was tested this morning but bulls making a strong push back-above the 130 handle https://t.co/gHQtawE3BH https://t.co/3XU9kb72f5
  • $EURJPY has mostly been consolidating between the 129.50 and 130.50 levels in April, trading around its highest point since the fall of 2018. The pair hit a fresh multi year high just shy of the 131.00 level earlier this week. $EUR $JPY https://t.co/M9gO4rcOZh
  • Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.68% Gold: -0.42% Silver: -0.66% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/cHoZ7KZRDX
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.46% 🇦🇺AUD: 0.35% 🇨🇭CHF: 0.21% 🇬🇧GBP: 0.07% 🇨🇦CAD: 0.06% 🇯🇵JPY: 0.03% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/ngF6ZwsVQk
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: US 500: 0.94% Wall Street: 0.47% FTSE 100: 0.00% Germany 30: -0.01% France 40: -0.05% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/VTvPzRlGSK
  • What is going on in crypto recently? It's like everyone got an email from the IRS at the same time that said they are aware of their crypto profits and they are taxable...
FOREX Technical Analysis: GBPUSD Pops as AUDNZD Reverses

FOREX Technical Analysis: GBPUSD Pops as AUDNZD Reverses

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.)

FOREX Technical Analysis Observations

-EURUSD-near term resistance extends to 13055 and near term support to 12887. The daily trend is constructive as long as price is above 12800. There is little else to add at this juncture.

-GBPUSD-popped after GDP this morning. The advance presents an opportunity to sell against the early month high of 16228. One may be able to get a better entry than the current market with estimated resistance at 16157 and 16227.

-AUDUSD and NZDUSD – upside remains favored but beware of a dip after the US open. Supports for today are 10340/55 and 8210. Upside potential is NZDUSD is probably greater than upside potential in AUDUSD as per AUDNZD.

-AUDNZD-carved out a J Spike yesterday. The top was produces just above the 9/13 close, which was a JS Thrust (JST) day. I was stopped out at the high (which is annoying but a part of business). Resistance is now 12650 and focus is lower towards 12500. Interim support comes in at 12573.

GBPUSD – Daily Bars

FOREX_Technical_Analysis_GBPUSD_Pops_as_AUDNZD_Reverses_body_gbpusd.png, FOREX Technical Analysis: GBPUSD Pops as AUDNZD Reverses

Prepared by Jamie Saettele, CMT

AUDNZD – Daily Bars

FOREX_Technical_Analysis_GBPUSD_Pops_as_AUDNZD_Reverses_body_audnzd.png, FOREX Technical Analysis: GBPUSD Pops as AUDNZD Reverses

Prepared by Jamie Saettele, CMT

To contact Jamie e-mail jsaettele@dailyfx.com. Follow me on Twitter @JamieSaettele

Subscribe to Jamie Saettele's distribution list in order to receive actionable FX trading strategy delivered to your inbox once a day.

Jamie is the author of Sentiment in the Forex Market.

Meet the DailyFX team in Las Vegas at the annual FXCM Traders Expo, November 2-4, 2012 at the Rio All Suite Hotel & Casino. For additional information regarding the schedule, workshops and accommodations, visit the FXCM Trading Expo website.

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

DISCLOSURES