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
Free Trading Guides
Subscribe
Please try again
EUR/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
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
More View more
Real Time News
  • RT @BrendanFaganFx: Silver Price Outlook: XAG/USD Gains on US Dollar Weakness, Broad Risk-on Sentiment $XAGUSD #Silver Link: https://t.c…
  • Looks Democrats may be close to a deal $SPX $USD $XAUUSD https://t.co/ds5UIeke3Q
  • The US Dollar may be at risk against ASEAN currencies as an energy crunch benefits the Indonesian Rupiah. USD/THB and USD/PHP face loosening Covid restrictions. All eyes on China GDP. Get your market update from @ddubrovskyFX here:https://t.co/RRaQZFGQKp https://t.co/RGMnxTCs46
  • USD/MXN has plummeted towards critical technical support following the recent pull-back. Get your market update from @DColmanFX here:https://t.co/H9trN4byPX https://t.co/rZ332BNHZO
  • 🇦🇺 Westpac Leading Index MoM (SEP) Actual: -0.02% Previous: -0.27% https://www.dailyfx.com/economic-calendar#2021-10-20
  • Hold your breath. Bitcoin is a sneeze away from tagging an intraday record high. $BTCUSD https://t.co/dT6uewVqTR
  • 🇯🇵 Balance of Trade (SEP) Actual: ¥-622.8B Expected: ¥-519.2B Previous: ¥-637.2B https://www.dailyfx.com/economic-calendar#2021-10-19
  • Heads Up:🇦🇺 Westpac Leading Index MoM (SEP) due at 00:00 GMT (15min) Previous: -0.3% https://www.dailyfx.com/economic-calendar#2021-10-20
  • Heads Up:🇯🇵 Balance of Trade (SEP) due at 23:50 GMT (15min) Expected: ¥-519.2B Previous: ¥-635.4B https://www.dailyfx.com/economic-calendar#2021-10-19
  • RT @Peter__Wood: @JKempEnergy Lots of copper demand on the horizon. Source https://t.co/qX6K1SAVRO https://t.co/WQr7kuf2sU
Crude Rips off of 19 Year Trendline

Crude Rips off of 19 Year Trendline

Jamie Saettele, CMT, Sr. Technical Strategist

Weekly

Crude Rips off of 19 Year Trendline

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“The line that extends off of the 1998 and 2001 lows has been reached. A weekly close above the line would be a positive. Last week’s reversal in crude is a start but crude has only been able to muster sideways trading since the low. Above 50 is needed to trigger the squeeze.” Crude has returned to December congestion (54.40-59.75). This zone may provide resistance now.

--Tradingideas are availabletoJ.S. Trade Desk members.

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

DISCLOSURES