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
Bullish
Wall Street
Mixed
Gold
Bullish
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • Japanese Prime Minister Suga says infection rates are still high following emergency declaration - BBG
  • 🇳🇱 Unemployment Rate (DEC) Actual: 3.9% Previous: 4% https://www.dailyfx.com/economic-calendar#2021-01-21
  • 🇳🇱 Consumer Confidence (JAN) Actual: -19 Previous: -20.0 https://www.dailyfx.com/economic-calendar#2021-01-21
  • 🇳🇱 Unemployment Rate (DEC) Actual: 3.9 Previous: 4% https://www.dailyfx.com/economic-calendar#2021-01-21
  • 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 70.99%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/e6YUDJEZ1A
  • Germany's Covid death toll rises above 50,000 - BBG
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.49% 🇦🇺AUD: 0.33% 🇬🇧GBP: 0.21% 🇯🇵JPY: 0.13% 🇨🇦CAD: 0.13% 🇨🇭CHF: 0.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/1UDJQe7C0f
  • Heads Up:🇳🇱 Consumer Confidence (JAN) due at 05:30 GMT (15min) Previous: -20.0 https://www.dailyfx.com/economic-calendar#2021-01-21
  • Heads Up:🇳🇱 Unemployment Rate (DEC) due at 05:30 GMT (15min) Previous: 4% https://www.dailyfx.com/economic-calendar#2021-01-21
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.59% France 40: 0.41% US 500: 0.39% Germany 30: 0.39% Wall Street: 0.25% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/AO1cjIg0PC
Gold 1230 Still Key to Near Term Upside Potential

Gold 1230 Still Key to Near Term Upside Potential

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

Gold 1230 Still Key to Near Term Upside Potential

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-Recent gold updates noted that “the October high at 1191 has held as support, which confirms bullish behavior” and that “a triangle has formed over the last few weeks. The breakout objective from that pattern is 1336, which is near the July 2014 high of 1345.” 1335/45 is still in the cards but be aware of the January 2015 high at 1307 as a near term inflection point. It’s a good sign that the recent dip held former resistance near 1230.

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