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
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
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
Wall Street
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
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • 🇬🇧 Retail Sales ex Fuel YoY (MAR) Actual: 7.9% Expected: 4.5% Previous: -1% https://www.dailyfx.com/economic-calendar#2021-04-23
  • 🇬🇧 Retail Sales YoY (MAR) Actual: 7.2% Expected: 3.5% Previous: -3.6% https://www.dailyfx.com/economic-calendar#2021-04-23
  • 🇬🇧 Retail Sales ex Fuel YoY (MAR) Actual: 7.9% Expected: 4.5% Previous: -1.1% https://www.dailyfx.com/economic-calendar#2021-04-23
  • 🇬🇧 Public Sector Net Borrowing (MAR) Actual: £-28B Expected: £-22.5B Previous: £-16B https://www.dailyfx.com/economic-calendar#2021-04-23
  • 🇬🇧 Retail Sales YoY (MAR) Actual: 7.2% Expected: 3.5% Previous: -3.7% https://www.dailyfx.com/economic-calendar#2021-04-23
  • Heads Up:🇬🇧 Retail Sales ex Fuel YoY (MAR) due at 06:00 GMT (15min) Expected: 4.5% Previous: -1.1% https://www.dailyfx.com/economic-calendar#2021-04-23
  • Heads Up:🇬🇧 Retail Sales YoY (MAR) due at 06:00 GMT (15min) Expected: 3.5% Previous: -3.7% https://www.dailyfx.com/economic-calendar#2021-04-23
  • Heads Up:🇬🇧 Public Sector Net Borrowing (MAR) due at 06:00 GMT (15min) Expected: £-22.5B Previous: £-19.1B https://www.dailyfx.com/economic-calendar#2021-04-23
  • Gold Prices Pause Rally as India's Covid Infections Surge, US Jobless Claims Fall https://www.dailyfx.com/forex/market_alert/2021/04/23/Gold-Prices-Pause-Rally-as-Indias-Covid-Infections-Surge-US-Jobless-Claims-Fall.html https://t.co/9RirRjOekY
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.68%, while traders in Germany 30 are at opposite extremes with 70.03%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/vbeOzxRu74
Commodity Technical Analysis: Crude Nearing Long Term Trendline

Commodity Technical Analysis: Crude Nearing Long Term Trendline

Jamie Saettele, CMT, Sr. Technical Strategist

Weekly Bars

Commodity_Technical_Analysis_Crude_Nearing_Long_Term_Trendline_body_crude.png, Commodity Technical Analysis: Crude Nearing Long Term Trendline

Chart Prepared by Jamie Saettele, CMT

Commodity Analysis: “Crude is nearing potentially significant resistance from the 61.8% retracement of the 10040-8404 decline at 9415 and trendline that extends off of the 2012 (February and September) highs. This area is reinforced by the 9/21 and 10/10 highs (already reached) and 8/30 low at 9393.”

Commodity Trading Strategy: After initially selling off sharply following the 1/3 inside day, crude is pressing the highs and focus is back on the mentioned Fibonacci level and trendline.

LEVELS: 8795 8996 9146 9415 9533 9719

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

DISCLOSURES