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. See our updated Privacy Policy here.

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
Subscribe
Please try again
Oil - US Crude
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
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 89.95%, while traders in AUD/JPY are at opposite extremes with 74.22%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/3zQ58dCvZd
  • The price of oil slips to a fresh weekly low ($82.53) amid a larger-than-expected rise in US inventories. Get your #oil market update from @DavidJSong here:https://t.co/tfluc6v7yW https://t.co/rlUGHq9UKv
  • Today's -3% drop is the biggest slide for crude oil since August 4th, but it doesn't turn the technical trend for the commodity at least until the 20-day SMA gives way. $CL_F https://t.co/UKBKX45Z1F
  • The S&P 500 declined sharply into the closing bell, with $ES closing on session lows $ES_F $SPX $SPY https://t.co/I7P0oOKqk2
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.01% Germany 30: -0.13% France 40: -0.22% US 500: -0.44% Wall Street: -0.70% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/iLp3nl078Y
  • #Sterling Technical Forecast: $GBPUSD Coils at 52-Week Moving Average - https://www.dailyfx.com/forex/technical/home/analysis/gbp-usd/2021/10/27/Sterling-Technical-Forecast-GBP-USD-Coils-at-52-Week-Moving-Average-British-Pound-Outlook-MBTS10.html https://t.co/HMF0AqA1Q8
  • The BOC's rate decision today proved as hawkish as forecasts insinuate. Most interesting pair for this was $GBPCAD where it is hawkish expectation vs hawkish expectation https://t.co/yh3fDNYiKZ
  • WTI continues to retreat, down over 2.5% on the day and currently trading just north of $82 $CL_F https://t.co/GmtrXNH1Hf
  • USD strength present throughout the NY session, but the US Dollar Index continues to find stiff resistance at the 94 level $USD $DXY https://t.co/nZFjtFbG4O
  • Euro is down more than 0.2% against the US Dollar since the start of the week with EUR/USD trading just above support heading into the European Central Bank interest rate decision tomorrow. Get your $EURUSD market update from @MBForex here:https://t.co/a9tikztYFj https://t.co/uztfGSoYvW
GBP/USD Threatening February Floor

GBP/USD Threatening February Floor

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

GBP/USD Threatening February Floor

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-Recent comments noted that “GBP/USD action is consistent with a range but perhaps within a new trend (higher). The area around 1.2400 (55 day average, former highs and lows) should still be watched for support. Weakness below (daily close) would put the year open at 1.2278 back on the map. Daily highs from late January cluster around 1.2600 and is where I’d watch for near term resistance.” As February gives way to March, GBP/USD is pressing the issue on ‘1.2400ish’. If it breaks then watch for support from the mentioned 1.2278 and/or near the late December support of 1.2200/30.

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

DISCLOSURES