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
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
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
Wall Street
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
Gold
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
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
More View more
Real Time News
  • The US closed out a shaky session yesterday and Europe was fragile today, but the $SPX still put in for a third consecutive gap higher on the open https://t.co/Pt80H8V3yL
  • Trump says economy will boom, perhaps like never before once virus is defeated $SPX
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.50% 🇳🇿NZD: 0.33% 🇬🇧GBP: 0.30% 🇨🇭CHF: -0.07% 🇪🇺EUR: -0.13% 🇨🇦CAD: -0.42% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/MLoP51dtOd
  • RT @lisaabramowicz1: US credit has rallied dramatically in the past few weeks, but there's been a noticeable laggard: the lowest-rated inve…
  • Australian Dollar Price Forecast: Will AUD/JPY Repeat its Failure? More details in the link below: https://www.dailyfx.com/forex/technical/article/currency_crosses/2020/04/08/Australian-Dollar-Price-Forecast-Will-AUDJPY-Repeat-its-Failure-MK.html?CHID=9&QPID=917714 https://t.co/7p6BnlSkLL
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: US 500: 0.81% Wall Street: 0.73% France 40: -1.17% Germany 30: -1.21% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/ybgzGa4VJZ
  • El #DowJones emite una importante señal mientras los mercados se aferran al positivismo #Ibex35 #NASDAQ #DAX #trading https://t.co/gN9KiSvCGD
  • 🇺🇸 USD DOE U.S. Crude Oil Inventories (APR 3), Actual: 15177k Expected: 9678k Previous: 13833k https://www.dailyfx.com/economic-calendar#2020-04-08
  • Senator Warren says total relief for small business should not have a limit $SPX
  • Psychologist & Trading Coach @steenbab, discusses his views on ✔️ Trading psychology ✔️ Identifying market tops and bottoms. ✔️ Technical analysis and market psychology relationship Only on Trading Global Markets Decoded #podcast. Tune in here: https://t.co/Twr44cHqi1 https://t.co/HD3feATpij
GBP/USD Doji at Bottom of Range

GBP/USD Doji at Bottom of Range

2014-03-12 00:57:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

eliottWaves_gbp-usd_body_Picture_9.png, GBP/USD Doji at Bottom of Range

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-GBPUSD made a key reversal on 2/17. The pullback occurs after a push above the 2011 high and test of the best level since November 2009.

-A daily key reversal at the top of a multiyear range is not something to dismiss. The longer that the market stays below the 2/17 high, the more likely it is that an important top is in place. The market needs to break (not spike intraday) 1.6580 to suggest that the path is lower towards.

LEVELS: 1.6536 1.6582 1.6610 | 1.6657 1.6685 1.6712

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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

DISCLOSURES

News & Analysis at your fingertips.