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EUR/USD
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.

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Euro Weekly Forecast: EUR/USD Ends Week with a Whimper but a Recovery Remains in Play
2023-06-03 06:00:02
May Jobs Report: NFP Smashes Estimates as US Unemployment Rises to 7-Month High
2023-06-02 13:00:19
Oil - US Crude
Mixed
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High
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of clients are net short.
Long Short

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OPEC+ Preview: Crude Oil Prices Linger Ahead of Production Guidance
2023-06-04 04:59:05
Crude Oil Price Jumps on Optimism Ahead of OPEC+ Meeting. Where to for WTI?
2023-06-02 01:00:00
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Bullish
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of clients are net long.
of clients are net short.
Long Short

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Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since May 23, 2023 19:00 GMT when Wall Street traded near 33,096.00.
2023-06-02 15:23:30
Dow Jones and CAC40 Stabilise While Nasdaq 100 Edges Down​​​​
2023-06-01 10:30:42
Gold
Mixed
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High
of clients are net long.
of clients are net short.
Long Short

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Markets Week Ahead: S&P 500, Gold, US Dollar; US ISM, Euro Area Retail Sales, RBA, Japan Econ Watchers, China Inflation
2023-06-04 18:00:00
Gold Price Forecast: Dreams of Fresh Record Shattered for Now as Bears Pounce
2023-06-03 20:00:00
GBP/USD
Mixed
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High
of clients are net long.
of clients are net short.
Long Short

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Markets Week Ahead: S&P 500, Gold, US Dollar; US ISM, Euro Area Retail Sales, RBA, Japan Econ Watchers, China Inflation
2023-06-04 18:00:00
British Pound Week Ahead: GBP/USD, EUR/GBP and GBP/JPY Outlooks
2023-06-02 16:00:24
USD/JPY
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

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USD/JPY Price Forecast: Dollar Decline Provides Respite for the Yen
2023-06-02 10:04:59
EUR/USD Turns the Tide as USD/JPY Fumbles, USD/CAD Carves Out Double-Top Pattern
2023-06-01 19:00:00
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GBP/USD Bear Channel Remains Intact

GBP/USD Bear Channel Remains Intact

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-A breakout from a 1 month inverse head and shoulders pattern is valid above today’s low (breakout day) but GBPUSD does face channel resistance at this level. The reversal pattern’s objective is 1.5494, which is in line with the December low at 1.5485. Weakness below 1.5163 would indicate a failed reversal pattern.

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

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