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
Bullish
Gold
Bullish
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
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.94%, while traders in France 40 are at opposite extremes with 77.08%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/WRvoC9eQeA
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.10% Gold: -0.18% Silver: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/0mbfzT4GW5
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.24% 🇦🇺AUD: 0.10% 🇯🇵JPY: 0.08% 🇨🇦CAD: -0.02% 🇨🇭CHF: -0.03% 🇬🇧GBP: -0.08% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/EzqdVsVDhC
  • Why is #oil price sentiment so negative? What are the key terms you need to understand as an oil market trader? Find out from Shin Kim of S&Ps Global Platts only on Trading Global Markets Decoded #podcast here: https://t.co/EHouRRvky9 #OOTT https://t.co/y0bjKic0mY
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.13% US 500: -0.15% Germany 30: -0.37% France 40: -0.73% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/VAwYUZfkWK
  • Crude Oil Prices May Fall as Markets Weigh Weekend Headline Risk - https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2019/10/18/Crude-Oil-Prices-May-Fall-as-Markets-Weigh-Weekend-Headline-Risk.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #CrudeOil #OOTT
  • Greed has proven to be a hindrance more than assistance for traders. How does greed lead to #FOMOintrading? Find out from @RichardSnowFX here: https://t.co/aT8TZjlFqP https://t.co/DBuSOfIhQY
  • US Dollar Forecast: USD/MYR Reversal as USD/PHP Tests 2013 Support #USD $USDMYR $USDPHP - https://www.dailyfx.com/forex/technical/article/special_report/2019/10/18/US-Dollar-Forecast-USDMYR-Reversal-as-USDPHP-Tests-2013-Support.html?CHID=9&QPID=917702 https://t.co/VfFPJhPX31
  • Negative yielding government bonds – What are they telling us? Find out from @nickcawley1 here: https://t.co/F6JuhmrvPT https://t.co/aqWMzoZRrk
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.68%, while traders in France 40 are at opposite extremes with 80.94%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/CFFN6tgMXb
EUR/USD Falling Median Line Caps Initial Election Reaction

EUR/USD Falling Median Line Caps Initial Election Reaction

2016-11-10 22:04:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

EUR/USD Falling Median Line Caps Initial Election Reaction

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

Traits of Successful Traders

-The initial EUR/USD reaction to the U.S. election resulted in a 300+ pip run that reversed right at the median line from the 8+ year channel. As noted many times in technical articles recently, the sideways trade since March 2015 represents the longest period of range contraction since the inception of the euro. The resulting break, whenever it happens, should be phenomenal. The median line has been resistance (at times to the pip) since August 2015. After the inability to break down post-Brexit, I thought that the rate would break higher. After Wednesday’s events, the downside looks more appealing.

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

DISCLOSURES

News & Analysis at your fingertips.