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
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
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
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
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
GBP/USD
Bullish
USD/JPY
Mixed
More View more
Real Time News
  • US Dollar dropped about 0.5% early Monday as measured by the broad-based DXY Index. Get your $USD market update from @RichDvorakFX here: https://t.co/QIKZInuzm2 https://t.co/NtWDSQeUTR
  • $USD $DXY | US Dollar Mired by Fiscal Stimulus Deadline -via @DailyFX Link to Analysis: https://www.dailyfx.com/forex/market_alert/2020/10/19/usd-price-outlook-us-dollar-mired-by-fiscal-stimulus-deadline.html #FX #Forex #Trading https://t.co/qvLb1N8QJX
  • Combing the headlines today, it feels very much like a 'these are the stocks that will hit record highs should the pandemic and recession return' kind of vibe. Rampant speculation.
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.52% 🇪🇺EUR: 0.46% 🇬🇧GBP: 0.23% 🇨🇦CAD: 0.01% 🇯🇵JPY: -0.03% 🇦🇺AUD: -0.14% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/d7oMzMEfU6
  • Senator McConnell says stimulus to be voted on this Tuesday and Wednesday - BBG
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 0.90% Gold: 0.23% Oil - US Crude: -0.39% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/zaH4DP0nFZ
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.05%, while traders in EUR/USD are at opposite extremes with 69.60%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/b7OFCOlJkt
  • After recovering from March 2020 lows, price action favored the bulls, until reaching a wall of resistance on 1 September at the psychological level of 1.2000. Get your $EURUSD market update from @Tams707 here:https://t.co/PxcRm33ooH https://t.co/S7thoATfKw
  • US Equity Update (Monday Close): $DJI -1.43% $SPX -1.63% $NDX -1.84% $RUT -1.23% $VIX +6.24%
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: US 500: 0.04% Wall Street: 0.03% France 40: -0.50% FTSE 100: -0.58% Germany 30: -0.97% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/N8tSHADd40
EURUSD and Pound Attempt Reversal from Multi-Year Lows, S&P 500 Close to Record High

EURUSD and Pound Attempt Reversal from Multi-Year Lows, S&P 500 Close to Record High

Share:

The first week of trade following the transition out of the ‘summer doldrums’ maintained an elevated clip of volatility but the range of key assets seemed to finally push stubborn ranges. That said, will the Dollar’s reversal lower and Pound higher bear fruit into a full-size swing? What about the S&P 500’s and Dow’s bid for fresh record highs, so close at hand?

S&P 500 & DAX Technical Forecast

S&P 500 bulls take control with the index making a topside breakout, while DAX pushes higher ahead of next week’s ECB meeting.

Weekly AUDUSD Technical Outlook: Be Wary of the Bounce

Aussie is bouncing hard off multi-year lows, but it may not be trustworthy as the longer-term trend continues to remain firmly down.

US Dollar Price Outlook: USD Fails at Multi-year Trend Resistance

The US Dollar reversed off long-term slope resistance this week, opening the door for further dollar losses. Here are the levels that matter on the DXY weekly chart.

Crude Oil Price Forecast: A Tighter Range that May Not Hold for Long

Crude oil prices remain caught in a range with a confluent zone of resistance overhead. Are bears nearing another break?

Gold Price Plunges; Can Chart Support Stymie XAUUSD Selloff?

Gold price selling pressure accelerated this past week with XAUUSD now down over 3% from recent highs, but can technical support keep its bullish trend intact moving forward?

A GBPUSD and Pound Reversal Whose Run Will Always Depend on Brexit

The British Pound made a significant move to start what could be a wholesale reversal. The technicals from pairs like GBPUSD look very appealing but to ignore the uncertainty from Brexit would be reckless.

Currency Performance Chart

DailyFX forecasts on a variety of currencies such as the US Dollar or the Euro are available from the DailyFX Trading Guides page. If you’re looking to improve your trading approach, check out Traits of Successful Traders. And if you’re looking for an introductory primer to the Forex market, check out our New to FX Guide.

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

DISCLOSURES