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EUR/USD
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
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US Dollar Rip, Dip, Rip Around CPI: EUR/USD, USD/CAD
2021-05-12 16:45:00
EUR/USD Rally Stalls Ahead of February High Even as ECB Slows PEPP
2021-05-12 14:00:00
Oil - US Crude
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
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Oil Price Stuck in May Opening Range After Failing to Test March High
2021-05-13 14:00:00
Crude Oil Prices at Risk if US PPI Data Echoes the Consumer Inflation Beat
2021-05-13 06:00:00
Wall Street
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

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Dow Jones Analysis: Stocks Rebound From Recent Losses as Disney Earnings Disappoint
2021-05-13 20:30:00
Why a Rise in Retail Trading May Signal Another Mania
2021-05-13 04:00:00
Gold
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

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Data provided by
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Gold Price Forecast: Progressing Towards Multi-Month Resistance - Levels for XAU/USD
2021-05-13 19:00:00
Is Gold a Good Inflation Hedge? - XAU/USD Rejected at Key Trendline, Focus on US PPI
2021-05-13 08:00:00
GBP/USD
Mixed
Low
High
of clients are net long.
of clients are net short.
Long Short

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Pound Technical Outlook: GBP/USD Testing Support, Trend
2021-05-13 12:30:00
GBP/USD Shrugs at UK GDP, May Drop on US CPI Data
2021-05-12 06:13:00
USD/JPY
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.

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US Dollar Outlook: DXY Index Eyes Retail Sales Data, Yields
2021-05-13 22:30:00
US Dollar Rockets Higher as Inflation Spikes to 4.2% in April
2021-05-12 13:15:00
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  • US Dollar Outlook: DXY Index Eyes Retail Sales Data, Yields -via @DailyFX Link to Full Analysis: https://www.dailyfx.com/forex/fundamental/us_dollar_index/usd_trading_today/2021/05/13/us-dollar-outlook-dxy-index-eyes-retail-sales-data-yields.html $USD #Forex #Trading https://t.co/10Hb8pYSp1
  • 🇳🇿 Business NZ PMI (APR) Actual: 58.4 Previous: 63.6 https://www.dailyfx.com/economic-calendar#2021-05-13
  • The Japanese Yen may fall against its major peers, but there is room for a near-term climb that wouldn’t necessarily overturn a bearish technical bias. USD/JPY is eyeing support. Get your market update from @ddubrovskyFX here:https://t.co/AEnQCXnwAL https://t.co/kUV7xoSWxZ
  • Heads Up:🇳🇿 Business NZ PMI (APR) due at 22:30 GMT (15min) Previous: 63.6 https://www.dailyfx.com/economic-calendar#2021-05-13
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  • USD/CAD briefly traded up to 1.22 before retreating to its current level around 1.216 $USDCAD https://t.co/eNc4JmYfKI
Crude at Best Level Since Late May

Crude at Best Level Since Late May

Jamie Saettele, CMT, Sr. Technical Strategist

240 Minute Bars

eliottWaves_oil_body_crude.png, Crude at Best Level Since Late May

Prepared by Jamie Saettele, CMT

Crude is at its best level since 5/30 after exceeding the 7/5 high of 8896. Already $12 off of the low, there is little reason to expect the rally to stop at this level. Allow for weakness to correct 3 consecutive up days before continuation towards 9216 (5/29 high) and 9521 (100% extension and 5/9 low). Support is 8646-8759.

LEVELS: 8555 8646 8759 9090 9216 9328

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

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