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
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
Mixed
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • NZD/USD trades to a fresh monthly high (0.7230) ahead of the update to New Zealand’s Consumer Price Index (CPI). Get your $NZDUSD market update from @DavidJSong here:https://t.co/S11FQOYOI6 https://t.co/oDwtxdAGn1
  • $WTI sharply lower following the news, falling from 63.50 to below the 62.00 level and hitting a six day low. WTI had just hit a fresh one month high above 64.00 yesterday before heading lower. $OIL $USO https://t.co/ua41VxOcK3
  • US House Judiciary Committee passes bill that would open oil producer group OPEC to antitrust lawsuits over production cuts #OOTT
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.30% 🇨🇭CHF: 0.08% 🇪🇺EUR: 0.07% 🇯🇵JPY: -0.03% 🇨🇦CAD: -0.10% 🇬🇧GBP: -0.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/F5JFbaecXj
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: US 500: -0.59% Wall Street: -0.68% Germany 30: -1.54% FTSE 100: -1.92% France 40: -2.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/XYTWCCVSa1
  • #Silver is currently trading back just above the 26.00 level. The precious metal was knocked slightly lower yesterday amidst a slight jump in longer-term US yields but is attempting to move higher again today. $XAG $SLV https://t.co/3nwbQdLpRU
  • Trader confidence in Bitcoin, Ethereum and Gold remains largely undented by recent price falls and their longer-term trends higher remain intact. Get your market update from @MartinSEssex here:https://t.co/xwX3K91WyP https://t.co/GkI5ZRhv3l
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Silver: 0.82% Gold: 0.27% Oil - US Crude: 0.03% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/mbJ4BR6WeP
  • EU Drug Regulator: Benefits of J&J vaccine outweigh risks.
  • World Bank: Sees global commodity prices remaining firm around current levels in 2021 after Q1 recovery.
EUR/USD Drops Sharply from Slope Confluence

EUR/USD Drops Sharply from Slope Confluence

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

EUR/USD Drops Sharply from Slope Confluence

Chart Prepared by Jamie Saettele, CMT

Automate trades with Mirror Trader and see ideas on other USD crosses

-“EURUSD has broken support from the slope that extends off of the March and May lows. Near term focus is on the line that extends off of the March and April lows. That line is close to the 3/31 low over the next several days. Many are wondering whether or not this is the beginning of the next bear leg in EURUSD. It could be but a larger drawn out range is also a possibility.”

-“If EURUSD is headed lower near term (next few weeks), then it needs to turn down now (confluence of old support and ‘new’ resistance).” EURUSD turned lower so focus is on the line that extends off of the March and April lows (mid-1.0700s).

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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

DISCLOSURES