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Free Trading Guides
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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Euro Forecast: Outlook for EUR/USD Still Bullish, More Stimulus Planned
2020-06-06 20:00:00
Dow Soars Above 200-Day Average on NFPs, Will the Fed Keep the Dollar Sliding
2020-06-06 02:04:00
Oil - US Crude
Mixed
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High
of clients are net long.
of clients are net short.
Long Short

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Crude Oil Outlook: Big Gap & Resistance Levels in View
2020-06-07 00:00:00
Crude Oil Prices Eye OPEC+ Meeting as US and China Demand Rises
2020-06-06 01:00:00
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
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Dow Soars Above 200-Day Average on NFPs, Will the Fed Keep the Dollar Sliding
2020-06-06 02:04:00
S&P 500 Surges as VIX ‘Fear-Gauge’ Implodes Post-Jobs Report
2020-06-05 17:30:00
Gold
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

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Gold Price Outlook: Gold Slammed Lower on Record US Jobs Creation
2020-06-06 13:00:00
Gold Forecast: 2012 High Still on Radar as Price Holds May Range
2020-06-05 16:00:00
GBP/USD
Mixed
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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Sterling Price Outlook: Pound Surges into Critical Fibonacci Resistance
2020-06-06 16:00:00
British Pound (GBP) Latest: GBP/USD Multi-Week High; EU/UK Trade Update and US NFPs Ahead
2020-06-05 09:30:00
USD/JPY
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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Yen Price Outlook: USD/JPY Explodes, AUD/JPY Extends V-Recovery
2020-06-07 05:10:00
Gold Sinks, USD/JPY Surges as NFP Report Smashes Expectations
2020-06-05 12:40:00
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Real Time News
  • The $USD, Euro, British Pound and Australian Dollar will all be at the mercy of political developments in Asia, Europe and North America this week. An avalanche of PMI data will set the backdrop. Find out from @ZabelinDimitri here: https://t.co/L8cfAgVx94 https://t.co/IkL6eYc0eq
  • Are recent gains in the Indian Rupee and Nifty 50 warranted? Risks are brewing in the background, leaving USD/INR in a consolidative setting as the Nifty pressures resistance. Get your $USDINR market update from @ddubrovskyFX here:https://t.co/svDaSdprvN https://t.co/dkQtNiE1fs
  • Seasonal factors, oversupply issues and the outbreak of COVID-19 has seen the price of liquefied #naturalgas (LNG) fall to 22-year lows (1.519), with the situation exacerbated by ‘fuller-than-normal’ storage facilities. Get your market update here:https://t.co/VOqfkBQ4aR https://t.co/hiWxPVFdMv
  • S&P 500 bulls in command, #Nasdaq 100 produces “V” shaped recovery, while #FTSE 100 extends . Get your #equities market update from @daniele recovery https://t.co/mbWlBUItWv https://t.co/N64fXcj97Y
  • Crude #oil prices await the #OPEC+ meeting where record output cuts could be prolonged as demand for energy from the US and China continues recovering. What could be the downside risks? https://t.co/M8BORPx4sH https://t.co/3kHHeibDb9
  • The risk rally continued in a big way this week and #Euro bulls have remained in-charge against the US Dollar and Japanese #Yen. Get your market update from @JStanleyFX here: https://t.co/o7vPmczvMJ https://t.co/GX2YTXz83u
  • The price of #gold may continue to exhibit a bullish behavior in June as the pullback from the yearly high ($1765) reverses ahead of the May low ($1670). Get your Gold market update from @DavidJSong here: https://t.co/OeaYtCpcIo https://t.co/UQVPIVCTCP
  • The $USD breakdown has taken the index into confluence support at the objective yearly open. Get your USD technical analysis from @MBForex here: https://t.co/A16XEv6n4d https://t.co/GzEp3gCAe5
  • US equities continue to run higher with the Nasdaq 100 setting a fresh all-time-high, not even three months after giving back almost a third of its value in about a month. Get your #Nasdaq technical analysis from @JStanleyFX here: https://t.co/1LI54uvI8x https://t.co/e9FvSLqfaA
  • The US Dollar may be at risk to losses against some of its #ASEAN counterparts. USD/SGD, USD/PHP, USD/MYR and USD/IDR have recently broken to the downside. Will losses continue? Find out from @ddubrovskyFX here: https://t.co/0RTlj6maTT https://t.co/UyQ4i0AihI
Crude First 4 Day Win Streak Since April

Crude First 4 Day Win Streak Since April

2012-07-18 20:45:00
Jamie Saettele, CMT, Sr. Technical Strategist
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Daily Bars

eliottWaves_oil_body_crude.png, Crude First 4 Day Win Streak Since April

Prepared by Jamie Saettele, CMT

Crude is at its best level since 5/30. Already over $12 off of the low, there is little reason to expect the rally to stop at this level. Allowing for weakness in a corrective manner, focus is on 9216 (5/29 high) and 9521 (100% extension and 5/9 low). Support is 8856-8759.

LEVELS: 8759 8856 8921 9090 9216 9328

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

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