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
Mixed
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Mixed
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
USD/JPY
Bullish
More View more
Real Time News
  • A “PIP” – which stands for Point in Percentage - is the unit of measure used by forex traders to define the smallest change in value between two currencies. Learn how to understand pips in forex here: https://t.co/AfAhmIoVZv https://t.co/ehvshDWUCb
  • 🇺🇸 MBA Mortgage Applications (07/MAY) Actual: 2.1% Previous: -0.9% https://www.dailyfx.com/economic-calendar#2021-05-12
  • 🇲🇽 Industrial Production YoY (MAR) Actual: 1.7% Expected: 0.9% Previous: -4.5% https://www.dailyfx.com/economic-calendar#2021-05-12
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 89.70%, while traders in AUD/JPY are at opposite extremes with 65.28%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/doRLGOixPH
  • Heads Up:🇺🇸 MBA Mortgage Applications (07/MAY) due at 11:00 GMT (15min) Previous: -0.9% https://www.dailyfx.com/economic-calendar#2021-05-12
  • Heads Up:🇲🇽 Industrial Production YoY (MAR) due at 11:00 GMT (15min) Expected: 0.9% Previous: -4.5% https://www.dailyfx.com/economic-calendar#2021-05-12
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.92% Gold: -0.15% Silver: -0.84% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/q7LR87UPBB
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.17% 🇨🇭CHF: -0.02% 🇬🇧GBP: -0.06% 🇯🇵JPY: -0.13% 🇦🇺AUD: -0.44% 🇳🇿NZD: -0.52% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/heBjQ1A2sq
  • Key levels in forex tend to draw attention to traders in the market. These are psychological prices which tie into the human psyche and way of thinking. Learn about psychological levels here: https://t.co/8A1QhwMVKo https://t.co/09W6I2IeBY
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.78% Germany 30: 0.34% France 40: 0.24% Wall Street: -0.30% US 500: -0.33% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/d3q1w80zAg
Gold Price Little Changed after Bounce from Support

Gold Price Little Changed after Bounce from Support

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

Gold Price Little Changed after Bounce from Support

Chart Prepared by Jamie Saettele, CMT

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

-There is no change to recent comments on the gold price other than noting that downtrend support is just under 1040 and that current COT figures are consistent with a market low. “Since the 2011 top, gold has sold off every year into the end of the year (probably a result of selling for tax reasons). After the last several weeks, there’s no reason to suspect that 2015 will be any different. Focus is on the lower channel line (near the 2008 and 2009 highs). For more on gold, click here.”

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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

DISCLOSURES