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
Bearish
GBP/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
USD/JPY
Bullish
More View more
Real Time News
  • The CPI data have done more to threaten $SPX and Dollar volatility than the NFPs, GDP, Fed stability report, FOMC decision and a host of other data points before it. But can we break critical levels ahead? And what about $BTCUSD? Anti-fiat or risk asset? https://www.dailyfx.com/forex/video/daily_news_report/2021/05/13/Dollar-or-SP-500-Which-Faces-the-Biggest-Post-CPI-Reversal-Risk.html https://t.co/SMBm3DLolp
  • The US Dollar may fall versus ASEAN currencies if dovish Fed speak extends the boost in sentiment after a huge miss in non-farm payrolls. USD/PHP is eyeing the Philippine Central Bank. Get your market update here:https://t.co/BKjG92HWzX https://t.co/xqYMqTPopJ
  • RT @FxWestwater: #Gold Price Forecast: XAU Eyes US Retail Sales After CPI Boosts Fed Rate Bets Link: https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2021/05/13/Gold-Price-Forecast-XAU-Eyes-US-Retail-Sales-After-CPI-Boosts-Fed-Rate-Bets.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Westwater&utm_campaign=twr https://t.co/…
  • Global stock markets may see turbulent volatility if darkening clouds over Washington’s relations with Beijing turn into a geopolitical storm. Which assets will be the lifeboat? Find out here:https://t.co/RkFI6qAyik https://t.co/Awzq41ivHb
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Silver: 0.52% Gold: 0.35% Oil - US Crude: -0.55% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/Htj3uZR1g5
  • BoJ's Kuroda: - ETF buying is an unusual measure for a central bank to take - BBG
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.21% 🇨🇦CAD: 0.19% 🇯🇵JPY: 0.13% 🇬🇧GBP: 0.12% 🇪🇺EUR: 0.11% 🇨🇭CHF: 0.09% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/8JU9UqUVzl
  • BoJ's Kuroda: - Mergers are an option for regional banks facing tougher operating conditions - BBG $USDJPY
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 91.23%, while traders in GBP/USD are at opposite extremes with 64.62%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/L6KG8KlynJ
  • (APAC Stocks Briefing) Dow Jones, Nasdaq 100, Nikkei 225, ASX 200 Outlook Vulnerable After 2008 High US CPI #DowJones #NASDAQ #Nikkei #ASX200 #CPI #Fed https://www.dailyfx.com/forex/market_alert/2021/05/13/Dow-Jones-Nasdaq-100-Nikkei-225-ASX-200-Outlook-Vulnerable-After-2008-High-US-CPI.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/KpkCUa9GNQ
The Weekly Volume Report: USD/JPY Volume Picture Remains Supportive

The Weekly Volume Report: USD/JPY Volume Picture Remains Supportive

Kristian Kerr, Sr. Currency Strategist

Talking Points

  • EUR/USD volume supporting the trend
  • Volume picture remains supportive for USD/JPY
  • GBP/USD slides on weak volumes

Get real time volume on your charts for free. Click HERE

Daily Volume Chart: EUR/USD

The Weekly Volume Report: USD/JPY Volume Picture Remains Supportive

Charts Created using Marketscope – Prepared by Kristian Kerr

  • EUR/USD fell to its lowest level since in over two years this week
  • Daily volume has been in a steady rise since July which bolsters the medium-term downtrend
  • Recent daily volume has been above average which further supports the downtrend
  • On-Balance-Volume (OBV) remains supportive
  • A move through 1.2750 on higher than normal volume is needed to confirm that a more serious counter-trend move is underway

Daily Volume Chart: USD/JPY

The Weekly Volume Report: USD/JPY Volume Picture Remains Supportive

Charts Created using Marketscope – Prepared by Kristian Kerr

  • USD/JPY broke above the psychologically significant 110.00 area this week to trade at its highest level since August of 2008
  • A steady rise in volume has accompanied the move higher since July
  • The steady rise in On-Balance-Volume has also been quite supportive
  • Price move under 108.00 on above average volume, however, would force a re-think of the broader positve bias

Daily Volume Chart: GBP/USD

The Weekly Volume Report: USD/JPY Volume Picture Remains Supportive

Charts Created using Marketscope – Prepared by Kristian Kerr

  • GBP/USD has fallen to new lows for the year this week
  • Steady volume rise since July is supportive of decline
  • New lows in daily OBV also supportive of trend
  • Below average volume of late a possible positive divergence
  • However, A daily close over 1.6250 on above average volume is needed to shift near-term bias higher

To receive Kristian’s analysis directly via email, pleaseSIGN UP HERE.

--- Written by Kristian Kerr, Senior Currency Strategist for DailyFX.com

To contact Kristian, e-mail instructor@dailyfx.com. Follow me on Twitter @KKerrFX

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

DISCLOSURES