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
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
USD/JPY
Mixed
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
Oil - US Crude
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
Bitcoin
Mixed
More View more
Real Time News
  • RT @forexflowlive: #BOC Wilkins saying ready to use extraordinary guidance and measures if needed would increase weighing on $CAD: #USDCAD…
  • LIVE NOW: Join @JStanleyFX as he runs through price action set-ups for the FX and CFDs market. https://www.dailyfx.com/registerToSeminar?webinar=1338844901231735299&utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • Despite threats, Canada's financial system remains resilient -Wilkins
  • it's webinar time -> https://www.dailyfx.com/webinars/1338844901231735299?webinar=1338844901231735299&utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr https://t.co/nUFhMrafDI
  • If you're bullish on 'risk', at least this is a statistical norm for the $SPX that can give a foothold. I wouldn't base my confidence principally on this seasonality average though... https://t.co/5trRmAPl8j
  • LIVE IN 5 MINUTES: Join @JStanleyFX as he runs through price action set-ups for the FX and CFDs market. https://www.dailyfx.com/registerToSeminar?webinar=1338844901231735299&utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • China tariffs will go 'even higher' if there is no deal -Trump
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 98.00%, while traders in US 500 are at opposite extremes with 78.09%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/vHfjyXpzm7
  • LIVE IN 15 MINUTES: Join @JStanleyFX as he runs through price action set-ups for the FX and CFDs market. https://www.dailyfx.com/registerToSeminar?webinar=1338844901231735299&utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • CAD: The $CAD has pulled off its best levels of the day with the currency tracking oil prices lower after Russia stated that they would not deepen oil production cuts.Get your market update form @JMcQueenFX here: https://t.co/2QSM4XcMNc https://t.co/3GTn1sT9rd
EUR/USD-Embrace the Chop

EUR/USD-Embrace the Chop

2016-04-26 16:49:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

EUR/USD-Embrace the Chop

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-There is no change to daily EUR/USD analysis. “EUR/USD is pressing into a well-defined horizontal zone (highs since February 2015 from the mid-1.1400s to the mid-1.1500s). A push through this zone is needed in order to clear the range for a trending move into the mid-1.20s, at which point trending tools such as SSI would have a better chance at doing well. Until the range is cleared, be wary of near term ‘fake-outs’. Exceeding 1.1500 on a daily close would indicate a breakout opportunity. Until then, bullish into resistance (probably not a trait of successful traders) is a risky proposition, especially with the buck at support too.

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

News & Analysis at your fingertips.