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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.

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EUR/USD Latest – Ranging Ahead of Next Week’s US Data and FOMC Minutes
2022-05-20 10:20:00
Rising Rates and Volatility are Features, Not Bugs: Top Trade Opportunities
2022-05-20 08:00:00
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
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Crude Oil Forecast Relegated to Volatile Range Until Either 115 or 100 Breaks
2022-05-21 02:00:00
Crude Oil Technical Outlook: WTI Leaves Behind Bearish Warning Sign, More Pain Next?
2022-05-19 03:30:00
Wall Street
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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S&P 500, Nasdaq, Dow Technical Forecast: Seven-Week Slide Eyes Support
2022-05-20 14:00:00
How to Research Stocks: A Step by Step Guide
2022-05-20 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 Rebound May Fail as Top Central Bankers Sound Off
2022-05-22 00:00:00
Gold (XAU/USD) Rises on Lower Yields, Softer USD and Recession Risks
2022-05-20 08:30:00
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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British Pound Forecast: GBP/USD Rallies on Positive UK Data, US Dollar Weakness
2022-05-20 16:00:00
Monthly Forex Seasonality – May 2022: Typically a Good Month for USD
2022-05-19 20:00:00
USD/JPY
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
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Japanese Yen Outlook: USD/JPY May Head Lower if US Yields Continue to Retreat
2022-05-20 15:05:00
Swiss Franc Boost Continues After Hawkish Turn from SNB While US Dollar Sinks
2022-05-20 05:00:00
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Gold 20 Day Average Serving as Support

Gold 20 Day Average Serving as Support

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_gold_body_GOLd.png, Gold 20 Day Average Serving as Support

Prepared by Jamie Saettele, CMT

The decline from the 2/3 high and subsequent recovery may compose waves 1 and 2 of a larger bear leg. A bearish is valid against 1765.90 (daily key reversal last Friday). A drop below 1706.40 would shift focus to the January congestion zone at 1647/85. Given the signs in the FX space that the USD is vulnerable, I am not confident in a near term bearish bias.

Bottom Line – flat

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

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