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. See our updated Privacy Policy here.

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
Search results
No entries matching your query were found.
English Français 中文（繁體） 中文（简体）
Free Trading Guides
Subscribe
Please try again
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
News
EURUSD and EURJPY Weigh Reversals, S&P 500 Flirts with Record High
2021-10-21 04:00:00
Forex Trading: What is Forex? FX Trading Explained
2021-10-20 17:00:00
Oil - US Crude
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
News
Crude Oil Forecast: Price Sets Fresh High as Bulls Eye More Upside
2021-10-21 03:00:00
Mid-Week Market Updates: Volatility Trends & Options Outlook
2021-10-20 17:30:00
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
News
S&P 500, Dow Jones & Nasdaq 100 Forecast for the Days Ahead
2021-10-21 12:30:00
Dow Jones Hits Intraday Record as Risk-on Mood Lifts All Boats Including Bitcoin
2021-10-20 20:30:00
Gold
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
News
Gold Prices Drives Up the Range as US Dollar Wallows. Can XAU/USD Make a Breakout?
2021-10-21 02:00:00
Mid-Week Market Updates: Volatility Trends & Options Outlook
2021-10-20 17:30:00
GBP/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
News
British Pound (GBP) Price Outlook: GBP/USD Struggling to Break Above 1.38
2021-10-21 08:00:00
GBP/USD Technical Analysis: At Significant Point of Interest on Chart
2021-10-20 14:00:00
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.

Data provided by
News
Japanese Yen Leaps Higher as Nikkei Falls and China Looks for Energy Answers. Will the Trend Resume?
2021-10-21 07:03:00
Forex Trading: What is Forex? FX Trading Explained
2021-10-20 17:00:00
More View more
Real Time News
  • Yen Pullback Begins: EUR/JPY, GBP/JPY, AUD/JPY, CAD/JPY https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2021/10/21/Yen-pullback-begins-EUR-JPY-EURJPY-GBP-JPY-GBPJPY-AUD-JPY-AUDJPY-CAD-JPY-CADJPY.html https://t.co/iZpZvFopiF
  • The oil price breakout has extended into the first level of lateral resistance- risk for some ‘back and fill’ here but the outlook remains constructive. Get your market update from @MBForex here:https://t.co/jdNzvkYCNZ https://t.co/OlqgYQLcxK
  • Tesla opened lower as afterhours trade yesterday suggested we would, but after the gap down, we've had a strong rally this morning. I wonder if the Robinhood-type crowd trades before/after hours or if that is the traditional segment https://t.co/tFVllKbBKb
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Gold: -0.02% Silver: -0.40% Oil - US Crude: -1.21% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/ek6GdiGhQ3
  • The Turkish Central Bank cut its weekly repo rate to 16%, marking a 200bps cut vs expectations for a 50-100bps reduction. Get your market update from @JMcQueenFX here: https://t.co/Gz3yZYqZdn https://t.co/C1PgJsCoGp
  • 🇺🇸 CB Leading Index MoM (SEP) Actual: 0.2% Expected: 0.4% Previous: 0.8% https://www.dailyfx.com/economic-calendar#2021-10-21
  • 🇺🇸 CB Leading Index MoM (SEP) Actual: 0.2% Expected: 0.4% Previous: 0.9% https://www.dailyfx.com/economic-calendar#2021-10-21
  • 🇺🇸 Existing Home Sales MoM (SEP) Actual: 7% Previous: -2% https://www.dailyfx.com/economic-calendar#2021-10-21
  • 💶 Consumer Confidence Flash (OCT) Actual: -4.8 Expected: -5 Previous: -4 https://www.dailyfx.com/economic-calendar#2021-10-21
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 90.33%, while traders in AUD/JPY are at opposite extremes with 78.44%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/SxDGVT2X2m
Crude Breaks Range Low to Confirm Recent Bearish Action

Crude Breaks Range Low to Confirm Recent Bearish Action

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_oil_body_crude.png, Crude Breaks Range Low to Confirm Recent Bearish Action

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Commodity Analysis: Crude confirmed last Wednesday’s “outside day (2/13) reversal” by breaking below the recent range. COT data reveals a sentiment extreme as well. Focus shifts to bearish targets, which are determined by extending the width of the recent range by the range low (breakout level) and Fibonacci multiples of the range low. The math reveals objective on the chart. The most significant is probably the 2.618 target, which is within 20 cents of the 61.8% retracement of the rally from 8404.

Commodity Trading Strategy: Risk is moved down to 9750.

LEVELS: 9151 9264 9379 9579 9681 9746

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

DISCLOSURES

Related Articles

WTI Crude Oil Reaches a Decision Point on Price Chart
WTI Crude Oil Reaches a Decision Point on Price Chart
2019-03-04 19:39:00
WTI Crude Oil Bounces and Natural Gas Chart May Pop From Triangle
WTI Crude Oil Bounces and Natural Gas Chart May Pop From Triangle
2018-12-04 18:58:00
Elliott Wave Analysis: Crude Oil & Natural Gas Longer Term
Elliott Wave Analysis: Crude Oil & Natural Gas Longer Term
2018-10-03 21:05:00
Long Term Crude Oil Price Pattern Nears Terminal Point
Long Term Crude Oil Price Pattern Nears Terminal Point
2018-05-11 21:06:00
Advertisement

Rates

Oil - Brent Crude