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.

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
GBP/USD
Mixed
USD/JPY
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
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
Oil - US Crude
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
Bitcoin
Bearish
More View more
Real Time News
  • European Opening Calls From IG #FTSE 7309 -0.20% #DAX 13164 -0.43% #CAC 5891 -0.30% #AEX 595 -0.32% #MIB 23275 -0.23% #IBEX 9232 -0.29% #STOXX 3686 -0.29%
  • Why should you set trading goals? How can it help regardless of what your #tradingstyle is? Find out: https://t.co/AYdD7ODlv1 https://t.co/IEwlO8cOoX
  • My trade video for today: 'Dow Slide Reflects Trade Headlines, #Dollar Watch for Monetary Policy Cues' https://www.dailyfx.com/forex/video/daily_news_report/2019/11/20/Dow-Slide-Reflects-Trade-Headlines-Dollar-Watch-for-Monetary-Policy-Cues.html?CHID=9&QPID=917719 https://t.co/vxAKKXX6Ga
  • ECB's Lane: Lower debt cost should be used to cut debt, Euro-Area banks can diversify sovereign bond holdings -BBG #ECB $EURUSD
  • ECB Board Member Nathan Lane: We do not see a recession in the Euro Area, ECB is not at limit of monetary policy -BBG $EURUSD #ECB
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.94%, while traders in US 500 are at opposite extremes with 80.01%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/wVYTwsiWft
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.04% 🇨🇭CHF: 0.02% 🇪🇺EUR: -0.05% 🇬🇧GBP: -0.11% 🇳🇿NZD: -0.16% 🇦🇺AUD: -0.19% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/o1pjZMgdK7
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: France 40: -0.13% Wall Street: -0.17% US 500: -0.17% Germany 30: -0.24% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/MpY58dFfmF
  • Overnight index swaps are pricing in about a 25.5 percent chance that the #RBA could deliver a 25bp rate cut next month with odds of a February reduction instead at 61.4% -BBG $AUDUSD
  • The $USD may be preparing to stage a reversal against the Singapore Dollar as USD/SGD trades within a Falling Wedge. This is as the USD/IDR downtrend remains intact. Get your market update from @ddubrovskyFX here:https://t.co/7fzeWrnlc1 https://t.co/fVq1rcBKva
Crude Decline Would Consist of Equal Legs at 97.51

Crude Decline Would Consist of Equal Legs at 97.51

2014-05-01 22:06:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

Crude Decline Would Consist of Equal Legs at 97.51

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-I wrote last week that “the next few days are critical to the next big move in crude. The market has broken the line that extends off of the August and March highs but remains below the March high (105.19). The current level is also marked by the 61.8% retracement from the 2013 high-at 104.19.” The market has voted in favor of weakness…look lower but the market is nearing bounce levels (98.99 was reached…97.34/51 is also of interest).

LEVELS: 96.56 97.93 98.99 | 100.49 101.50 102.19

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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

DISCLOSURES

News & Analysis at your fingertips.