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. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View more


Jamie Saettele, CMT, Sr. Technical Strategist

EUR/USD Outside Day Forms as Market Never Tests 1.3450


eliottWaves_eur-usd_1_body_eurusd.png, EUR/USD

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader

-EURUSD made an outside day and was never able to test 1.3450 (August high) estimated support. Only a drop below 1.3372 (pre-Fed level) would be a bearish development.

-Watch the channel for resistance, specifically 1.3640 (2/1 close).

Trading Strategy: The path seems higher but downside risks are plenty with a possible top in place on news exhaustion. Sounds like a great time to be flat.

LEVELS: 1.3385 1.34501.3494 | 1.3568 1.3600 1.3643

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