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EUR/USD
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

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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
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Mixed
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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
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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
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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
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Bearish
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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 Testing Support from Channel and Former Resistance

Crude Testing Support from Channel and Former Resistance

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_oil_body_crude.png, Crude Testing Support from Channel and Former Resistance

Prepared by Jamie Saettele, CMT

Crude took a dive today before bouncing from the confluence of channel support and former resistance. The channel that is drawn is a corrective channel and a break below would suggest that an impulsive decline is underway towards much lower levels. 10250/10300 is resistance.

Bottom Line (next 5 days) – sideways / lower?

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

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