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.

Free Trading Guides
EUR/USD
Bullish
GBP/USD
Mixed
USD/JPY
Bullish
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
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
Bitcoin
Mixed
More View more
Real Time News
  • Here's the recording from this morning's webinar if you missed it - https://t.co/pcK2IkBSrt
  • $USDMXN price action plunged 5.4% since late November and leaves the Mexican Peso at 16-months highs against the US Dollar. Get your USD/MXN update from @RichDvorakFX here: https://t.co/uDMgCMtjOV https://t.co/aQWkrZDvKV
  • Heads Up:🇺🇸 USD FOMC Meeting Minutes (JAN 29) due at 19:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-02-19
  • $USDMXN price action plunged 5.4% since late November and leaves the Mexican Peso at 16-months highs against the US Dollar. Get your USD/MXN update from @RichDvorakFX here: https://t.co/uDMgCMtjOV https://t.co/nktDUjPHjQ
  • Update on #Cryptocurrencies #BITCOIN +2.47% #BITCOINCASH +0.14% #ETHEREUM +0.41% #RIPPLE +2.02% #LITECOIN +2.24%
  • RT @stlouisfed: Which industries tend to be the most responsive to national expansions and recessions, and which industries tend to be the…
  • RT @EU_Eurostat: Euro area #construction down by 3.1% in December 2019 over November; -3.7% over December 2018 https://t.co/tzzElK5EQA http…
  • RT @C_Barraud: #OOTT | #OPEC SENDS OFFICIAL INVITES FOR MARCH 5-6 MEETING: DELEGATES - BBG
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.00%, while traders in France 40 are at opposite extremes with 83.30%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/uVS56jeLSZ
  • $USDMXN: Can the Mexican Peso Rally Last Despite US Dollar Dominance? Full Analysis: https://www.dailyfx.com/forex/market_alert/2020/02/19/usd-mxn-price-usdmxn-forecast-can-mexican-peso-rally-last-amid-us-dollar-dominance.html - via @DailyFX #FX #Forex #Trading $USD $MXN https://t.co/6JjNa9aO11
Euro Range Develops-Awaiting Resolution

Euro Range Develops-Awaiting Resolution

2011-10-20 14:58:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

60 Minute Bars

eliottWaves_eur-usd_body_eurusd.png, Euro Range Develops-Awaiting Resolution

Prepared by Jamie Saettele, CMT

The EURUSD rally yesterday morning is best treated as a B wave (Monday’s decline wave A). In any case, respect an upside break if it occurs especially since the Monday decline is in 3 waves. Exceeding the mid September high of 13940 would shift focus to the 200 dma at 14080. Coming under 13650 (favored) shifts focus to 13564.

Trend Strength (M,W,D) – (1), 0, 1

Latest Video

Monthly Forecast

Weekly Forecast

COT

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

DISCLOSURES

News & Analysis at your fingertips.