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
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
Dow, EURUSD, GBPUSD Breakout Levels and Events Next Week
2020-07-11 02:25:00
Euro Forecast: EUR/USD to Find Direction from ECB and EU Summit
2020-07-10 22:00:00
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
Oil Price Forecast: WTI Jumps Back Above 40, but Can it Maintain?
2020-07-11 01:00:00
Crude Oil Prices May Extend Drop After Covid-19 Surge, Biden Speech
2020-07-09 23:00:00
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
Dow Jones, S&P 500, DAX 30, FTSE 100 Outlook: Stocks Week Ahead
2020-07-11 04:00:00
Dow, EURUSD, GBPUSD Breakout Levels and Events Next Week
2020-07-11 02:25:00
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
XAU/USD Outlook Bearish For Q3 on Financial Risks, Covid-19 Pandemic
2020-07-10 18:30:00
Gold Price Forecast: Fed Balance Sheet Drop May Cap Bullion's Surge
2020-07-10 16:00:00
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 Latest (GBP) - GBP/USD Pullback, EUR/GBP Dips Supported
2020-07-10 08:11:00
GBP/USD Confirms Q1 Bottom, However, Upside Challenges Remain
2020-07-09 18:30:00
USD/JPY
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
Japanese Yen Outlook Bullish on Coronavirus Surge, US Earnings Season
2020-07-11 10:00:00
Japanese Yen Q3 Fundamental Outlook, Dow Jones and S&P 500 Eyed
2020-07-10 14:00:00
More View more
Real Time News
  • Two major events will dominate #Euro trading in the coming week: an #ECB meeting on Eurozone monetary policy, followed by an #EU summit to reach agreement on a recovery fund. Get your #currencies update from @MartinSEssex here: https://t.co/wnXjTDizMv https://t.co/tmxDfkgmSv
  • There are many different types of forex orders, which traders use to manage their trades. While these may vary between different brokers, there tends to be several basic FX order types all brokers accept. Learn about different FX order types here: https://t.co/lIJdiz4xSz https://t.co/UQRaKusFP7
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here:https://t.co/vg7w10la3j https://t.co/nUvvI3WQpx
  • Australian Dollar is up fractionally this week with Aussie stalling just below the yearly range highs. Here are the levels that matter on the $AUDUSD technical chart. Get your #currencies update from @MBForex here: https://t.co/jYzBK1qH4s https://t.co/gYj4tFbsGS
  • What is the road ahead for equities this coming week? Check out my fundamental outlook below! #DowJones #SP500 #DAX30 #FTSE100 https://www.dailyfx.com/forex/fundamental/forecast/weekly/title/2020/07/11/Dow-Jones-SP-500-DAX-30-FTSE-100-Outlook-Stocks-Week-Ahead.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/HjIBDKqwvO
  • #Gold price gains seem to depend on monetary stimulus expansion and may turn lower as contraction of the Federal Reserve’s balance sheet underpins the US Dollar. Get your #metals update from @DanielGMoss here: https://t.co/8NHLc8jdhw https://t.co/0YYKXqtY9V
  • Japanese candlesticks are a popular charting technique used by many traders, and the shooting star candle is no exception. Learn about the shooting star candlestick and how to trade it here: https://t.co/OjTZOQEytM https://t.co/DDCWX1In7k
  • The US Dollar is pressured as rising coronavirus cases fail to dent 2021 GDP bets. Could the Singapore Dollar, Indonesian Rupiah, Philippine Peso and Malaysian Ringgit rise? Find out from @ddubrovskyFX here:https://t.co/u1qhaIGGoC https://t.co/kvFgxQjLb0
  • The ASX 200 and AUD/JPY are at risk of losses as cases of Covid-19 continue to climb in Victoria, Australia’s second-most populous state. Get your #ASX market update from @DanielGMoss here: https://t.co/O0LNvhy4eY https://t.co/mS9vLeVU5Y
  • The Dow Jones could fall based on positioning signals, will the growth-linked Australian Dollar and Canadian Dollar follow? If so, what are the technical barriers ahead? Find out from @ddubrovskyFX here:https://t.co/yJrlR5C00P https://t.co/W45z2yNjr0
USDollar Faces Fibonacci Resistance Near 9900

USDollar Faces Fibonacci Resistance Near 9900

2012-02-22 00:04:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_us_dollar_index_body_usdollar.png, USDollar Faces Fibonacci Resistance Near 9900

Prepared by Jamie Saettele, CMT

The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) rally from the 2/8 low is nearing what is probably strong resistance from the 61.8% retracement of the 10054-9672 decline and 61.8% extension of the 9672-9878 rally. The 50 day average is already in play (9878 today). I’m looking lower as long as price is below 9900 on a daily closing basis.

Bottom Line – Lower?

--- Written by Jamie Saettele, CMT, Senior Technical Strategist for DailyFX.com

To contact Jamie e-mail jsaettele@dailyfx.com.  Follow me on Twitter @JamieSaettele

To be added to Jamie’s e-mail distribution list, send an e-mail with subject line "Distribution List" to jsaettele@dailyfx.com

Jamie is the author of Sentiment in the Forex Market.

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

DISCLOSURES

Related Articles

Bullish Elliott Wave Pattern Pulls US Dollar Index to 3 Month High
Bullish Elliott Wave Pattern Pulls US Dollar Index to 3 Month High
2018-04-24 02:31:00
US Dollar Index Consolidation after the Gap is Bearish Behavior
US Dollar Index Consolidation after the Gap is Bearish Behavior
2017-05-02 16:49:00
US Dollar Index – Need to Re-Test the Broken Trendline?
US Dollar Index – Need to Re-Test the Broken Trendline?
2017-04-27 19:03:00
US Dollar Index Breaks 2016 Trendline; 99.50s is Estimated Resistance
US Dollar Index Breaks 2016 Trendline; 99.50s is Estimated Resistance
2017-04-25 19:33:00
Advertisement

Rates

USDOLLAR
News & Analysis at your fingertips.