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
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
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
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
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.44% Silver: 0.44% Gold: 0.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/XSXYSS6tMi
  • 🇺🇸 Markit Manufacturing PMI Flash (APR) Actual: 60.6 Expected: 60.5 Previous: 59.1 https://www.dailyfx.com/economic-calendar#2021-04-23
  • Heads Up:🇺🇸 New Home Sales MoM (MAR) due at 14:00 GMT (15min) Expected: 12% Previous: -18.2% https://www.dailyfx.com/economic-calendar#2021-04-23
  • On Capital Gains Tax , DC sources says final bill likely to bring rate to high 30s not full 43% - Fox
  • The FTSE ran aground above 7000, an area of big focus. Further retracing looks to be in the cards. Get your #FTSE market update from @PaulRobinsonFX here:https://t.co/7igqha5hFj https://t.co/vG4EzjYdi6
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: US 500: 0.12% Wall Street: -0.13% FTSE 100: -0.48% France 40: -0.58% Germany 30: -1.03% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/XrNsCuQLbT
  • Heads Up:🇺🇸 Markit Manufacturing PMI Flash (APR) due at 13:45 GMT (15min) Expected: 60.5 Previous: 59.1 https://www.dailyfx.com/economic-calendar#2021-04-23
  • #Bitcoin has continued to head lower today, falling below the 50,000 level for the first time since early March. The crypto found support around 48,000 and is now trading slightly higher. $BTC https://t.co/cmjkELfJVR
  • It took 108 days for Dogecoin ($DOGEUSD) to advance approximately 9000% (to April 19) and only 4 days to reverse approximately 60% of the gains to today's intraday low https://t.co/YCAp8gJAcK
  • $USDJPY has taken out the 38.2% Fib of the 2021 range and in the process is cementing the 10th consecutive daily decline - what will be the longest consistent slide since August 2011 https://t.co/gJPqiQGX2G
EUR/USD

EUR/USD

Jamie Saettele, CMT, Sr. Technical Strategist

EUR/USD Getting Frothy; Big Trendline Near 1.3450

Daily

eliottWaves_eur-usd_body_eurusd.png, EUR/USD

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Are you new to FX or curious about your trading IQ?

FOREXAnalysis: The EURUSD closed above the 2/25 high of 1.3318 but just below the 61.8% of the decline from 1.3711 at 1.3341. Decent selling pressure during the European session on Wednesday may have been the ‘false start’ on the downside that is common at tops. There are levels just overhead that could produce a sharp reversal…the 2/7 close at 1.3396, 2/20 high at 1.3433, and the trendline that extends off of the 2011 and 2013 highs (a little over 1.3450 for the rest of the week).

FOREX Trading Strategy: Shorting here risks a run into mentioned levels (above 1.3400). This is a high risk area to be bullish but not enough evidence to be bearish.

LEVELS: 1.3177 1.3245 1.3285 1.3396 1.34331.3485

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

DISCLOSURES