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EUR/USD
Bearish
Last updated: Jun 5, 2023
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
News
Euro Weekly Forecast: EUR/USD Ends Week with a Whimper but a Recovery Remains in Play
2023-06-03 06:00:02
May Jobs Report: NFP Smashes Estimates as US Unemployment Rises to 7-Month High
2023-06-02 13:00:19
Oil - US Crude
Mixed
Last updated: Jun 5, 2023
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
News
US Dollar Holds the High Ground While Crude Oil Whips Around. Higher USD?
2023-06-05 05:00:00
Crude Oil Price Jumps Again after OPEC+ Announced Production Cuts. Higher WTI?
2023-06-05 02:00:00
Wall Street
Mixed
Last updated: Jun 5, 2023
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
News
Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since May 23, 2023 19:00 GMT when Wall Street traded near 33,096.00.
2023-06-02 15:23:30
Dow Jones and CAC40 Stabilise While Nasdaq 100 Edges Down​​​​
2023-06-01 10:30:42
Gold
Mixed
Last updated: Jun 5, 2023
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
News
Asia Day Ahead: US debt ceiling resolution brings focus back to Fed’s rate outlook
2023-06-05 01:30:00
Markets Week Ahead: S&P 500, Gold, US Dollar; US ISM, Euro Area Retail Sales, RBA, Japan Econ Watchers, China Inflation
2023-06-04 18:00:00
GBP/USD
Mixed
Last updated: Jun 5, 2023
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
News
Markets Week Ahead: S&P 500, Gold, US Dollar; US ISM, Euro Area Retail Sales, RBA, Japan Econ Watchers, China Inflation
2023-06-04 18:00:00
British Pound Week Ahead: GBP/USD, EUR/GBP and GBP/JPY Outlooks
2023-06-02 16:00:24
USD/JPY
Bearish
Last updated: Jun 5, 2023
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
News
Japanese Yen Week Ahead as Fed Skip Bets Grow: USD/JPY, EUR/JPY, AUD/JPY
2023-06-05 03:30:00
USD/JPY Price Forecast: Dollar Decline Provides Respite for the Yen
2023-06-02 10:04:59
More View More
Gold Springs a Bear Trap

Gold Springs a Bear Trap

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-Gold bottomed on Friday at 1175, just above the 61.8% retracement of the 1142.59-1224.15 advance.

-Friday’s drop and Monday’s reversal triggers a bear trap (the trap being that Friday’s drop completed a short term bearish continuation pattern). Look towards 1300.

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

DISCLOSURES

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Gold
Mixed
Last updated: Jun 5, 2023