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
EUR/USD
Mixed
Oil - US Crude
Bullish
Wall Street
Bearish
Gold
Mixed
GBP/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.

Data provided by
USD/JPY
Bearish
More View more
Real Time News
  • US 6-Month Bills Draw 0.105% Primary Dealers Awarded: 52.4% Indirect Bidders Accepted: 44.1% Direct Bidders Accepted: 3.5% B/C Ratio: 2.91
  • To fully appreciate the weight of the 1.1700-1750 area as a technical zone for $EURUSD, it is best to look at the monthly chart. We just closed out the largest month's rally since September 2010 https://t.co/xqiTqchxlJ
  • $EURUSD is treating former resistance as new support following its retreat from 1.19 Friday. Below is a disparity index that shows the difference between spot and the 20-day SMA https://t.co/eEUsjgGJgd
  • US Treasury Yields: 2-Year: 0.113% 3-Year: 0.122% 5-Year: 0.222% 7-Year: 0.405% 10-Year: 0.558% 30-Year: 1.234% $TNX
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: -0.08% 🇯🇵JPY: -0.35% 🇪🇺EUR: -0.40% 🇦🇺AUD: -0.69% 🇳🇿NZD: -0.74% 🇨🇭CHF: -1.11% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/g48aHJoSf8
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Germany 30: 2.55% France 40: 1.77% FTSE 100: 1.77% Wall Street: 0.61% US 500: 0.57% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/K4DUoqfBBy
  • $AAPL post-earnings looks parabolic even on a log chart that split is going to juggle up the composition of the $DJIA though. Only 30 stocks and this has been like 11% of the index. Big driver about to have a smaller impact on the $Dow post-split https://t.co/7xhnvbjKLA https://t.co/cgUn1ybQ6U
  • Ripple (XRP) - This could get interesting if we close above Sunday's spike high ($0.325)...#xrp #Crypto @DailyFXTeam https://t.co/2rrL5efGBa
  • Among the FAANG members, only $AAPL seems to be carrying over the momentum from last week's earnings wave. Here is my version of the high market cap tech index overlaid on the stock https://t.co/Z6KnMefH1c
  • 🇲🇽 Markit Manufacturing PMI (JUL) Actual: 40.40 Previous: 38.60 https://www.dailyfx.com/economic-calendar#2020-08-03
GBP/USD Dips Remain Shallow and Corrective

GBP/USD Dips Remain Shallow and Corrective

2014-07-08 23:22:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

GBP/USD Dips Remain Shallow and Corrective

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-After breaking the trendline that had held since November, GBPUSD continues to make fresh highs. The 2009 high (and 2005 low) of 1.7042 has given way as has the line that extends off of the February and May highs. The next level of interest is probably where the decline from the 2013 low would consist of 2 equal waves at 1.7300. Below 1.7000 is needed to shift near term trend.

LEVELS: 1.7015 1.7070 1.7106 | 1.7163 1.7247 1.7300

--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.

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.