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
EUR/USD
Bearish
Oil - US Crude
Bullish
Wall Street
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
Gold
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.

Data provided by
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • NZD/USD IG Client Sentiment: Our data shows traders are now net-long NZD/USD for the first time since Jun 03, 2020 when NZD/USD traded near 0.64. A contrarian view of crowd sentiment points to NZD/USD weakness. https://www.dailyfx.com/sentiment https://t.co/S9HYtqd5nx
  • The Federal Reserve System (the Fed) was founded in 1913 by the United States Congress. The Fed’s actions and policies have a major impact on currency value, affecting many trades involving the US Dollar. Learn more about the Fed here: https://t.co/ADSC4sIHrP https://t.co/SrN2CNVjfb
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.63% 🇳🇿NZD: 0.50% 🇬🇧GBP: 0.22% 🇨🇭CHF: 0.21% 🇨🇦CAD: 0.07% 🇯🇵JPY: -0.13% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/iEbvjowYD4
  • Heads Up:🇪🇸 Business Confidence (SEP) due at 10:30 GMT (15min) Previous: -9.8 https://www.dailyfx.com/economic-calendar#2020-09-29
  • Coming up at half past the hour, when I'll run through the latest market moves. Do join me if you can, using the link. https://t.co/MjZz6xoNB8
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: US 500: 0.01% Wall Street: -0.03% France 40: -0.48% Germany 30: -0.62% FTSE 100: -0.92% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/KjJ5tBcuME
  • Heads Up:🇩🇪 Bundesbank Mauderer Speech due at 10:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-09-29
  • Technical indicators are chart analysis tools that can help traders better understand and act on price movement. Learn more about the importance of technical analysis here: https://t.co/NpC1D8y4Aa https://t.co/9ITiYDpFiM
  • 🇿🇦 Unemployment Rate (Q2) Actual: 23.3% Previous: 30.1% https://www.dailyfx.com/economic-calendar#2020-09-29
  • Join @MartinSEssex 's #webinar at 6:30 AM ET/10:30 AM GMT to learn more about trading #sentiment Register here: https://t.co/XUUPRdY06p https://t.co/Gq3KuBR3WU
Gold Price Continues to Probe 200 Day Average from Below

Gold Price Continues to Probe 200 Day Average from Below

2017-04-04 19:09:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

Gold Price Continues to Probe 200 Day Average from Below

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

Real Time Positioning

-Gold has been at resistance (1250) for most of the last 3 weeks. The 200 day average is clearly important (tested and failed 3 times so far in 2017) but a push through the average would shift focus to 1278 (61.8% retracement from 2016 decline). If gold comes off now, then 1220 (resistance in January and support in February) should be watched for support.

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

DISCLOSURES