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.

Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
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
News
Euro Breakout or Fake-Out? EUR/USD, EUR/JPY Surge to Fresh Highs
2020-05-29 18:30:00
EUR/USD IG Client Sentiment: Our data shows traders are now at their least net-long EUR/USD since May 21 when EUR/USD traded near 1.10.
2020-05-29 17:23:00
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
News
Crude Oil Prices May Fall on US-China Tension, Trump Speech Eyed
2020-05-29 03:30:00
Crude Oil Prices Struggle Despite Market Cheer, Gold Aims Lower
2020-05-27 02:00:00
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
News
US Dollar, Nasdaq, Chinese Yuan React to Trump-China Presser
2020-05-29 19:45:00
S&P 500 Price Outlook: VIX Index Sends Bad Omen for Stocks
2020-05-29 18:05:00
Gold
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
News
S&P 500 Price Outlook: VIX Index Sends Bad Omen for Stocks
2020-05-29 18:05:00
EUR/USD, DXY & Gold Price – Charts for Next Week
2020-05-29 12:30:00
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
News
British Pound (GBP) Latest: GBP/USD Under Pressure Ahead of Next Week's EU/UK Trade Talks
2020-05-29 09:30:00
US Recession Watch, May 2020 - US Yield Curve Hides the Truth
2020-05-28 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
US Recession Watch, May 2020 - US Yield Curve Hides the Truth
2020-05-28 14:00:00
EU to Unveil Covid-19 Recovery Fund Plan, Swiss Franc Sinking
2020-05-27 06:30:00
More View more
Breaking news

President Trump formally announces beginning of process to terminate Hong Kong's special treatment status. Announces US will terminate relationship with the World Health Organization.

Real Time News
  • Break out those monthly charts ladies and gentlemen. We have closed out May.
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.68% FTSE 100: 0.56% France 40: 0.48% Wall Street: 0.09% US 500: 0.08% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/r2uWdXvJrn
  • "US Dollar, Nasdaq, Chinese Yuan React to Trump-China Presser" -via @DailyFX President Trump formally announces the United States will revoke Hong Kong’s preferential treatment amid escalating China tension. Where might $USD, $NDX, $CNH head next? Link: https://www.dailyfx.com/forex/market_alert/2020/05/29/usd-cnh-ndx-price-us-dollar-chinese-yuan-nasdaq-china-tension-trump-press-conference.html
  • The trio of central banks overseeing the commodity currencies have already cut their main rates to all-time lows. Get your market update from @CVecchioFX here: https://t.co/OSUXrN5P3j https://t.co/kYe8QpfX0K
  • Euro Breakout or Fake-Out? EUR/USD, EUR/JPY Surge to Fresh Highs https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2020/05/29/Euro-Breakout-or-Fake-Out-EUR-USD-EUR-JPY-Surge-JS-Euro-to-US-Dollar.html https://t.co/LHfiPGsEW4
  • Even the Hong Kong Dollar is up after that press conference...
  • Eminis treating that press conference like 'that was it?' Market seemed to have fully accounted for the HK special status situation
  • Trump: - Hong Kong is no longer sufficiently autonomous - Beginning the process to eliminate special treatments given to Hong Kong $SPX
  • Trump: - Taking action to protect the U.S. financial system and directing working group to study the differing practices of Chinese companies listed on U.S. exchanges $DXY $NDX
  • President Trump is listing out his accusations for China. Normally, would consider this lead up to sanctions, but he doesn't always follow that playbook
Crude Former Resistance Line Continues to Hold as Support

Crude Former Resistance Line Continues to Hold as Support

2013-02-27 23:43:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_oil_body_crude.png, Crude Former Resistance Line Continues to Hold as Support

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Are you new to FX or curious about your trading IQ?

Commodity Analysis: “The current level, defined by a former resistance line, may provide support for a relief rally but expect resistance from the Monday high if reached at 9443.” Crude’s open at the low Tuesday highlights the upside risk present at the current level. 9443 remains resistance.

Commodity Trading Strategy: The short side remains favored on a swing basis towards 8945-9031 but near term action (5 waves down from 2/13) warns of upside risk into 9445.

LEVELS: 8945 9031 9151 9340 9443 9519

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
News & Analysis at your fingertips.