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
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
Bullish
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
Bearish
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
More View more
Notice

US Calls for Pause on J&J Vaccine After Clotting Cases - NYT

Real Time News
  • 🇬🇧 NIESR Monthly GDP Tracker (MAR) Actual: -1.5% Previous: -1.6% https://www.dailyfx.com/economic-calendar#2021-04-13
  • As has proved to be the case in the EU, mishandling PR around a vaccine (the other prominent adenovirus cocktail, Oxford/AZN) can increase vaccine hesitancy by hampering trust. I think the @CDCgov will allow $JNJ again soon, but it may be too late; the bell can’t un-rung.
  • If I’m understanding $JNJ numbers correctly, these rare blood clots have appeared in 6 out of 6.8 million doses, or 0.00008%. In the general pop, deadly blood clots appear in roughly 1 or 2 per 1000 people, or 0.1%-0.2% (per @CDCgov). At a glance, pausing $JNJ seems wrong.
  • Initial reaction sees equities come under pressure with treasuries picking - Modest jump in Japanese Yen across the board https://t.co/wgS7ha42BI
  • US calls for pause on J&J vaccine after clotting cases- NYT
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.36%, while traders in France 40 are at opposite extremes with 75.40%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/aAIOaR5TbE
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.02% Silver: 0.42% Gold: -0.39% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/irypduGm1S
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.07% 🇳🇿NZD: 0.06% 🇯🇵JPY: 0.05% 🇪🇺EUR: -0.13% 🇨🇦CAD: -0.18% 🇨🇭CHF: -0.34% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/inXDMThUZd
  • A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. Find out if the carry trade suits your trading style here: https://t.co/7t4BzmLg8w https://t.co/xrWKTp7SzU
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: France 40: 0.33% Germany 30: 0.28% Wall Street: 0.18% US 500: 0.13% FTSE 100: -0.19% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/uRvdwUEYPt
GBPUSD: Bounce Seen as Selling Opportunity

GBPUSD: Bounce Seen as Selling Opportunity

Ilya Spivak, Head Strategist, APAC

Strategy: Pending Short

GBPUSD recovered following a test of support at 1.5662, the 38.2% Fibonacci retracement level, with the bulls once again aiming to challenge the 1.59 figure. A Bearish Engulfing candlestick pattern below this boundary continues to argue for a broadly bearish bias and we will look for the upswing as an opportunity to enter short. The Engulfing is invalidated on a close above its high at 1.5928.

GBPUSD_Bounce_Seen_as_Selling_Opportunity_body_Picture_5.png, GBPUSD: Bounce Seen as Selling Opportunity

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow me on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, send a note with subject line "Distribution List" to ispivak@dailyfx.com

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

DISCLOSURES