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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.

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Euro Technical Forecast: EUR/USD, EUR/AUD, EUR/JPY Charts to Watch
2021-05-12 02:00:00
US Dollar Forecast: DXY Index Losing Support; USD/JPY Coils into Triangle
2021-05-11 19:43:00
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.

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Crude Oil Price Eyes EIA Report as Pipeline Shutdown, India Fog Outlook
2021-05-11 03:00:00
Technical Levels for US Dollar, GBP/USD, USD/CAD, AUD/USD, Gold & Oil
2021-05-10 15:00:00
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
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Dow Jones, S&P 500 Outlook: Rising Long Bets, Bearish Technical Signs Worrying
2021-05-12 03:00:00
Dow Jones Retreats as Inflation Heats Up, Hang Seng and ASX 200 in Sour Mood
2021-05-12 01:00:00
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
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Gold Price Outlook Turns to Fedspeak After Consumer Inflation Expectations Jitter
2021-05-11 06:00:00
Gold Forecast: Gold Volatility Surging as Real Yields Tumble
2021-05-10 22:00:00
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
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Dollar Prepared for Nasdaq Volatility if Inflation Data Can Stir Interest
2021-05-12 03:00:00
US Dollar Forecast: DXY Index Losing Support; USD/JPY Coils into Triangle
2021-05-11 19:43:00
USD/JPY
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
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US Dollar Price Outlook: Inflation Data to Fuel USD Volatility
2021-05-11 23:00:00
US Dollar Forecast: DXY Index Losing Support; USD/JPY Coils into Triangle
2021-05-11 19:43:00
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  • (Sentiment Weekly) Dow Jones, S&P 500 Outlook: Rising Long Bets, Bearish Technical Signs Worrying Recording of today's webinar also in the article below #DowJones #SP500 https://www.dailyfx.com/forex/technical/article/special_report/2021/05/12/Dow-Jones-SP-500-Outlook-Rising-Long-Bets-Bearish-Technical-Signs-Worrying.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/3CEmvEwmnv
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  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.10% Gold: -0.38% Silver: -0.81% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/D02uNrtXBx
  • RT @tracyalloway: Yields on the junkiest of junk bonds (CCC-rated) hit another all-time low, coming in at just 5.66%. https://t.co/qGi3ETjG…
  • RT @FxWestwater: Euro Technical Forecast: $EURUSD, $EURAUD, $EURJPY Charts to Watch Link: https://www.dailyfx.com/forex/market_alert/2021/05/12/Euro-Technical-Forecast-EURUSD-EURNZD-EURAUD-Charts-to-Watch.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Westwater&utm_campaign=twr https://t.co/fa6WSjjYpM
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GBPUSD 15577 is New Key Level

GBPUSD 15577 is New Key Level

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_gbp-usd_body_gbpusd.png, GBPUSD 15577 is New Key Level

Prepared by Jamie Saettele, CMT

“Near term focus is lower towards the 100% extension of 15777-15484 / 15721 at 15429. The objective is in line with the 6/1 high at 15438. A drop below the corrective channel (the EURUSD broke below last week) would shift focus to the June 1 low at 15267.” The GBPUSD traded below the 100% extension and channel before rebounding. An extremely bearish 3rd of a 3rd wave interpretation is valid as long as price is below 15577. We’ll discuss these developments in greater detail if warranted.

LEVELS: 15270 15320 15370 15460 15500 15530

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

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