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
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
Oil - US Crude
Bearish
Wall Street
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
Gold
Bullish
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • $SPX battling it out at resistance. same zone that was in-play mid-August, and was also the prior ath set in Feb $ES $SPY https://t.co/lgu4PPk1cK
  • 🇧🇷 Balance of Trade (SEP) Actual: $6.2B Expected: $7.1B Previous: $6.6B https://www.dailyfx.com/economic-calendar#2020-10-01
  • Indices Update: As of 18:00, these are your best and worst performers based on the London trading schedule: US 500: 0.43% Germany 30: 0.01% Wall Street: 0.00% France 40: -0.03% FTSE 100: -0.19% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/RJRCefPXqH
  • Check out the @DailyFX Trader Education Center for detailed insight on how to trade pennant chart patterns plus more found at the link below: https://www.dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html/?ref-author=Dvorak
  • $AAL $UAL | Big moves potentially ahead by major US airliners, which could lead the way so to speak in terms of where the broader market heads next. These two companies hinge largely on stimulus talks. United and American Airlines coiled into pennant formations. #Stocks #Trading https://t.co/7lJXEokJ5o
  • Heads Up:🇧🇷 Balance of Trade (SEP) due at 18:00 GMT (15min) Expected: $7.1B Previous: $6.6B https://www.dailyfx.com/economic-calendar#2020-10-01
  • USD/CAD has responded to confluence resistance and heading into the October open the focus remains on a reaction / inflection off this key threshold. Get your $USDCAD technical analysis from @MBForex here:https://t.co/BP9vhgslEq https://t.co/cTTs3rf7Hj
  • Update on #Cryptocurrencies #BITCOIN -2.09% #BITCOINCASH -1.19% #ETHEREUM -2.49% #RIPPLE -1.59% #LITECOIN -0.14%
  • Copper Crushed as Silver Struggles to Set Support https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2020/10/01/copper-crushed-as-js-silver-struggles-to-set-support.html https://t.co/Gee0u7hrV5
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.15%, while traders in Wall Street are at opposite extremes with 64.43%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/SAk6ORKEvf
Commodity Technical Analysis: Crude Drops to Lowest Since Mid July

Commodity Technical Analysis: Crude Drops to Lowest Since Mid July

2012-11-08 01:10:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

Commodity_Technical_Analysis_Crude_Drops_to_Lowest_Since_Mid_July_body_crude.png, Commodity Technical Analysis: Crude Drops to Lowest Since Mid July

Chart Prepared by Jamie Saettele, CMT

Commodity Observations: Crude completely erased Tuesday’s losses. The emotional nature of the market in recent days is consistent with exhaustion however. Watch 8363 and the 100% extension just above 80 for market reactions.

Commodity Trading Strategy Implications: Nothing right now.

LEVELS: 8073 8209 8363 8550 8740 8919

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

DISCLOSURES