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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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Euro Price Outlook - US Data Will Decide the Next Move in EUR/USD
2021-07-29 12:00:00
EURUSD Slow Trigger Reversal and USDCAD Yet to Detonate After Fed, Before US GDP
2021-07-29 03:00:00
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.

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Oil Q3 Technical Forecast
2021-07-29 08:30:00
Crude Oil Outlook: WTI Jumps After Oil and Gas Inventory Drop Saps Covid Fears
2021-07-29 04:00:00
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.

Data provided by
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Nasdaq 100 May Outperform the Dow Jones as Treasury Yield Curve Flattens: Q3 Top Trading Opportunities
2021-07-29 06:00:00
6 Popular Technical Indicators for Stock Trading
2021-07-28 20:30:00
Gold
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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Gold Setting Up for Possible Bullish Breakout
2021-07-29 14:00:00
Gold Price Forecast: Is Bitcoin Taking the Shine Away From Gold?
2021-07-29 11:05:00
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
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FTSE 100 Index Forecast: UK Stocks Surge on Robust Earnings Reports
2021-07-29 14:30:00
British Pound (GBP) Price Outlook: GBP/USD Strong, Breaks Above Resistance
2021-07-29 08:00:00
USD/JPY
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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Yen Q3 Fundamental Forecast: Road Ahead Remains Tough
2021-07-29 05:00:00
Can You Trust the US Dollar Rally? Oil Back on Track? - The Macro Setup
2021-07-28 17:00:00
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Real Time News
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.76% 🇬🇧GBP: 0.51% 🇨🇦CAD: 0.44% 🇪🇺EUR: 0.33% 🇦🇺AUD: 0.23% 🇯🇵JPY: 0.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/6IgbcOeZDZ
  • Seeing some continued US Dollar weakness post-FOMC as expected. $DXY hitting fresh monthly lows with weekly jobless claims data and the 2Q GDP report released this morning both disappointing relative to consensus. Link to Analysis - https://www.dailyfx.com/forex/market_alert/2021/07/29/us-dollar-hits-monthly-low-as-jobless-claims-q2-gdp-disappoint.html https://t.co/MnaABIzbRr
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.88% US 500: 0.52% France 40: 0.50% Wall Street: 0.49% Germany 30: 0.36% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/7PWjwTJE5Y
  • The US 2Q GDP was technically better than the previous quarter at 6.5% (prev 6.3% revised down), but far more tame than the 8.4% forecasted. The $DXY Dollar Index is responding to the data with its fourth consecutive slide https://t.co/GsLyQwGaLC
  • White House says it is necessary for congress to extend eviction moratorium, current ban cannot be extended unilaterally after high court case -BBG
  • AUD/USD defends the advance following the Federal Reserve interest rate decision as the US Gross Domestic Product (GDP) report warns of a weaker-than-expected recovery. Get your $AUD market update from @DavidJSong here:https://t.co/6OpqGxv4ni https://t.co/eLEbTosjx9
  • RT @WVenketas: #FTSE100 index up 1% today and 9.70% YTD after several constituents posted record #earnings results with help from a #dovish…
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Silver: 3.01% Gold: 1.15% Oil - US Crude: 0.57% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/bApWwhOIbg
  • Gold Setting Up Potential Bullish Breakout - #GOLD chart https://t.co/6PeVqBptsC
  • Gold Setting Up for Possible Bullish Breakout https://www.dailyfx.com/forex/analyst_picks/todays_picks/james_stanley/2021/07/29/Gold-Price-GLD-XAU-GC-Setting-up-for-Potential-Bullish-Breakout.html $Gold https://t.co/gAW5eBIUxq
Gold at Trendline Resistance

Gold at Trendline Resistance

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_gold_body_gold.png, Gold at Trendline Resistance

Prepared by Jamie Saettele, CMT

“Price is testing a long term trendline that extends off of the 2008, 2010, and December 2011 lows. A break of such a well-defined trendline would signal a significant shift. The downside is favored below the April high of 1683.35.” Currently testing trendline resistance, this bounce offers a chance to short against the April high.

Bottom Line (next 5 days) – topping?

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

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