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.

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
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.

Data provided by
Oil - US Crude
Mixed
Wall Street
Bullish
Gold
Bullish
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Forex Update: As of 15:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.60% 🇨🇭CHF: 0.49% 🇪🇺EUR: 0.48% 🇦🇺AUD: 0.30% 🇨🇦CAD: 0.16% 🇯🇵JPY: 0.08% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/L2vBDPB0WB
  • Indices Update: As of 15:00, these are your best and worst performers based on the London trading schedule: US 500: 0.23% Wall Street: 0.16% Germany 30: 0.03% FTSE 100: -0.16% France 40: -0.53% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/ctRsCaxSOy
  • #Bitcoin is now down over 10% today as the cryptocurrency sells off. It is currently trading around $31,500, its lowest level since the selloff on January 11th. $BTC https://t.co/hUjQ0QXE4F
  • The DAX hasn’t done a whole lot in recent sessions, with it generally holding onto the surge off the October low into the end of the year. Get your #DAX market update from @PaulRobinsonFX here:https://t.co/BWmyKlakke https://t.co/ZLERTZG6ER
  • $USDCAD pushed to fresh lows around 1.2610 today, hitting its lowest level since the spring of 2018. $USD $CAD https://t.co/3QUssEABVU
  • Commodities Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Silver: -0.14% Gold: -0.35% Oil - US Crude: -0.58% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/Tg6bH3xQw1
  • 💶 Consumer Confidence Flash (JAN) Actual: -15.5 Expected: -15 Previous: -13.8 https://www.dailyfx.com/economic-calendar#2021-01-21
  • Join us for a special #webinar at 11:00 AM EST/16:00 GMT where you can learn how to identify price trends with trader sentiment. Register here: https://t.co/MqVMi2INbJ https://t.co/IyPYLVzQEb
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in Wall Street are at opposite extremes with 71.54%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/RCA1oyMCcL
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Silver: -0.38% Gold: -0.44% Oil - US Crude: -0.79% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/OAvmToO5ys
Gold Nears Major Confluence of Resistance

Gold Nears Major Confluence of Resistance

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

eliottWaves_gold_1_body_gold.png, Gold Nears Major Confluence of Resistance

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Interested in automated trading with Mirror Trader?

Commodity Analysis: Gold broke through the July high and has entered a zone of consolidation that took place in mid-June. The consolidation stretches from 1365 to 1395. The top of this zone is a confluence of trendlines. The trade above July’s high makes August the first month since October 2012 for price to exceed the prior month’s high.

Commodity Trading Strategy: Flat

LEVELS: 1339 1347 1358 1384 1395 1424

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

DISCLOSURES