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
Search results
No entries matching your query were found.
English Français 中文（繁體） 中文（简体）
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
News
EUR/USD Setup: Keeping Steady Within Range Ahead of FOMC
2021-09-21 11:00:00
Technical Setups: USD Majors, Gold, Oil, SPX & Bitcoin ahead of FOMC
2021-09-20 15:30:00
Oil - US Crude
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
News
Technical Setups: USD Majors, Gold, Oil, SPX & Bitcoin ahead of FOMC
2021-09-20 15:30:00
Has inflation peaked and what next for the Dollar? – The Macro Setup
2021-09-16 19:00:00
Wall Street
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
News
S&P 500 Sinks on Evergrande Risks Ahead of FOMC, Airline Stocks’ Outlook Brightens
2021-09-20 20:05:00
Dow Jones, Nasdaq 100, S&P 500 Forecasts for Next Week
2021-09-18 11:00:00
Gold
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
News
Gold Price and Silver Forecast: Support Levels Look Vulnerable to Breaking
2021-09-21 12:30:00
Gold Price (XAU/USD) Outlook: Any Break Higher May Be Fleeting
2021-09-21 08:36:00
GBP/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
News
British Pound (GBP) Price Outlook: GBP/USD Ready to Bounce Back
2021-09-21 08:00:00
Sterling Outlook: GBP/USD Plunge Breaks Monthly Range- Support in View
2021-09-20 17:38:00
USD/JPY
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
News
Japanese Yen Outlook: JPY Poised for Breakout Ahead of BoJ Rate Decision
2021-09-21 13:22:00
Fed Taper Focus May Help Stall the S&P 500’s Collapse, Dollar’s Charge
2021-09-21 05:00:00
More View more
Real Time News
  • $EURUSD trying to hold support in the fibonacci zone b/w 1709 and 1736, same that helped to catch the Q1 low one more level below that zone and its the 2021 low at 1664 $USD $DXY https://t.co/sntjlxZrnl
  • EUR/USD has been packed in tightly between two key kevels (1.1700/38) since the open on Sunday night. Get your $EURUSD market update from @HathornSabin here:https://t.co/y8SKCtGUFj https://t.co/7atjCSqVS0
  • 🇺🇸 Building Permits MoM (AUG) Actual: 6% Previous: 2.3% https://www.dailyfx.com/economic-calendar#2021-09-21
  • 🇺🇸 Housing Starts MoM (AUG) Actual: 3.9% Previous: -7% https://www.dailyfx.com/economic-calendar#2021-09-21
  • 🇨🇦 New Housing Price Index YoY (AUG) Actual: 12.2% Previous: 11.9% https://www.dailyfx.com/economic-calendar#2021-09-21
  • Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. Start learning how you may be able to make more informed decisions here: https://t.co/rz7fqi8ZEe https://t.co/EZHni1zt9V
  • Heads Up:🇺🇸 Building Permits MoM (AUG) due at 12:30 GMT (15min) Previous: 2.3% https://www.dailyfx.com/economic-calendar#2021-09-21
  • Heads Up:🇺🇸 Housing Starts MoM (AUG) due at 12:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-09-21
  • Heads Up:🇨🇦 New Housing Price Index YoY (AUG) due at 12:30 GMT (15min) Previous: 11.9% https://www.dailyfx.com/economic-calendar#2021-09-21
  • strong bounce in $SPX overnight was up as much as 100 handles off of the lows at one point, futes pointing to a strong gap on the open $SPY $ES https://t.co/ZT5z74jWeS
FOREX Trading: EUR/USD Continues to Fail above 13100

FOREX Trading: EUR/USD Continues to Fail above 13100

Jamie Saettele, CMT, Sr. Technical Strategist

FXCM Expo Videos

Afternoon Technicals (all charts)

Other TA (crosses, COT, etc.)

FOREX Trading and Technical Analysis Observations

Comments from recent EURUSD technical updates remain valid - "I’d be surprised to see a sustained break through the December high (13126)...this is a high risk level and we should look lower." Zooming in on price action since 12/12, a triangle and terminal thrust into last night's high is visible. The thrust either completed the 5th wave from 12876 or a truncated C wave from the same level. In both instances, the immediate (1-2 days) outlook is towards at least 13040 and 12995. It’ll be interesting to see how the EURUSD closes the day and week in light of the trendlines currently in play.

EURUSD – Weekly Candles

FOREX_Trading_EURUSD_Continues_to_Fail_above_13100_body_eurusd.png, FOREX Trading: EUR/USD Continues to Fail above 13100

Prepared by Jamie Saettele, CMT

EURUSD – Daily Bars

FOREX_Trading_EURUSD_Continues_to_Fail_above_13100_body_eurusd_1.png, FOREX Trading: EUR/USD Continues to Fail above 13100

Prepared by Jamie Saettele, CMT

EURUSD – 15 Minute Bars

FOREX_Trading_EURUSD_Continues_to_Fail_above_13100_body_eurusd_2.png, FOREX Trading: EUR/USD Continues to Fail above 13100

Prepared by Jamie Saettele, CMT

--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com

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

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

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.

DISCLOSURES

Related Articles

Has inflation peaked and what next for the Dollar? – The Macro Setup
Has inflation peaked and what next for the Dollar? – The Macro Setup
2021-09-16 19:00:00
Has inflation peaked and what next for the Dollar? – The Macro Setup
Has inflation peaked and what next for the Dollar? – The Macro Setup
2021-09-14 17:30:00
Is the US Dollar’s Death Greatly Exaggerated? – The Macro Setup
Is the US Dollar’s Death Greatly Exaggerated? – The Macro Setup
2021-09-09 16:30:00
Is the US Dollar’s Death Greatly Exaggerated? – The Macro Setup
Is the US Dollar’s Death Greatly Exaggerated? – The Macro Setup
2021-09-07 17:00:00
Advertisement

Rates

EUR/USD
Bearish