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EUR/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.

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EUR/USD Fails to Test March High as ECB Boosts PEPP for Second Week
2021-04-21 15:00:00
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, GBP/JPY
2021-04-20 20:00:00
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
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Crude Oil Prices Fall on Rising Stockpiles and Viral Resurgence
2021-04-21 06:00:00
Crude Oil Prices Drop as US Push Through With Anti-OPEC Bill
2021-04-20 16:20:00
Wall Street
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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What is Earnings Season & What to Look for in Earnings Reports?
2021-04-20 21:00:00
What is Earnings Season & What to Look for in Earnings Reports?
2021-04-20 12:00:00
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

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Data provided by
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Gold Price Outlook - Rally Aided by Positive Moving Average Crossover
2021-04-21 12:00:00
Gold Prices Extend Higher amid Viral Resurgence, Falling Yields
2021-04-21 04:00:00
GBP/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

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British Pound Outlook: UK Inflation, Producer Price Data Positive for GBP
2021-04-21 08:00:00
British Pound Analysis: GBP/USD and GBP/JPY May Rise as Short Bets Increase
2021-04-21 05:00:00
USD/JPY
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
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US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, GBP/JPY
2021-04-20 20:00:00
US Dollar Forecast: Turn Higher May be Stymied if US Yields Do Not - Levels for DXY Index, USD/JPY
2021-04-20 19:22:00
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Notice

Canadian Dollar strengthens sharply as BoC reduces weekly asset purchases to C$3-billion from C$4-billion

Real Time News
  • Seems the WallStreetBets crowd is talking about the 'typical' top speculative listings - top 2 is the $SPY S&P 500 ETF and the Netflix ($NFLX) post earnings. And number 3 is the Reddit board OG GameStop https://t.co/1BjEVbMDYC
  • Myth or fact? One thing is for sure, there are a lot of misconceptions about trading. Knowing the difference between common trading myths and the reality is essential to long-term success. Find out about these 'myths' here: https://t.co/EDvQdHfIPm https://t.co/oDzWIyV6AP
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.98% 🇳🇿NZD: 0.52% 🇦🇺AUD: 0.35% 🇬🇧GBP: -0.03% 🇪🇺EUR: -0.05% 🇨🇭CHF: -0.13% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/8H7ly6RTkq
  • $USDCAD dropped sharply lower today as the Canadian Dollar strengthened following the BoC's tapering announcement. The pair dropped by over 100 pips, falling from above 1.2600 to below 1.2500. $USD $CAD #BOC https://t.co/MU3fk5XUqt
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: US 500: 0.64% Wall Street: 0.57% Germany 30: 0.18% France 40: 0.16% FTSE 100: 0.08% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/hn1ydl5H6W
  • - Forward guidance is a commitment not to raise rates - There is still a long way to go until full recovery
  • - BoC is accelerating work on digital currency - Decision on digital currency would be the government's
  • With the BOC's update today, I'd shift the group to being the most hawkish relative to the other major central banks. Still the setting for all of the majors is very dovish though. All relative. https://t.co/3MQX5ILGzA
  • - BoC could slow QE further if projections pan out - Further QE adjustments will be gradual
  • FT: EU and India plan global infrastructure deal. $EUR $INR
Gold Support at 1750

Gold Support at 1750

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_gold_body_gold.png, Gold Support at 1750

Prepared by Jamie Saettele, CMT

“Gold’s break higher shifts focus to the November high at 1813.30, the 61.8% extension of the 1527.30-1764 rally at 1853.85 and ultimately the September and all time high at 1932.60.” The gold bull should be expected as long as price is above 10706. 1745/50 is reinforced as support by a trendline, 20 day average and 2/22 low.

Bottom Line – correcting into a low

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

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