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EUR/USD
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.

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EUR/USD Setup: Keeping Steady Within Range Ahead of FOMC
2021-09-21 11:00:00
Technical Setups: USD Majors, Gold, Oil, SPX & Bitcoin ahead of FOMC
2021-09-20 15:30:00
Oil - US Crude
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

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Technical Setups: USD Majors, Gold, Oil, SPX & Bitcoin ahead of FOMC
2021-09-20 15:30:00
Has inflation peaked and what next for the Dollar? – The Macro Setup
2021-09-16 19:00:00
Wall Street
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of clients are net short.
Long Short

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S&P 500 Sinks on Evergrande Risks Ahead of FOMC, Airline Stocks’ Outlook Brightens
2021-09-20 20:05:00
Dow Jones, Nasdaq 100, S&P 500 Forecasts for Next Week
2021-09-18 11:00:00
Gold
Mixed
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of clients are net short.
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Gold Price (XAU/USD) Outlook: Any Break Higher May Be Fleeting
2021-09-21 08:36:00
Gold, Iron Ore Forecast: Prices Hinge on FOMC, Evergrande Crisis, China Steelmaking Curbs
2021-09-21 03:30:00
GBP/USD
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of clients are net short.
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British Pound (GBP) Price Outlook: GBP/USD Ready to Bounce Back
2021-09-21 08:00:00
Sterling Outlook: GBP/USD Plunge Breaks Monthly Range- Support in View
2021-09-20 17:38:00
USD/JPY
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Fed Taper Focus May Help Stall the S&P 500’s Collapse, Dollar’s Charge
2021-09-21 05:00:00
Bank of Japan (BoJ) Preview: Monetary Policy to Hold Steady
2021-09-21 00:30:00
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Crude Snapback Rally Presents Short Opportunity

Crude Snapback Rally Presents Short Opportunity

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_oil_body_crude.png, Crude Snapback Rally Presents Short Opportunity

Prepared by Jamie Saettele, CMT

Crude snapped back sharply following its break of the tight range and trendline. Price has held the mentioned resistance (10520/70) thus continue to look lower as long as crude is under 10875. The next major support is not until the February low.

Bottom Line (next 5 days) – lower

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

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Oil - Brent Crude