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
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
Oil - US Crude
Bearish
Wall Street
Mixed
Gold
Bearish
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
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
More View more
Real Time News
  • 🇩🇪 ZEW Current Conditions (JUL) Actual: -80.9 Expected: -65 Previous: -83.1 https://www.dailyfx.com/economic-calendar#2020-07-14
  • 🇩🇪 ZEW Economic Sentiment Index (JUL) Actual: 59.3 Expected: 60 Previous: 63.4 https://www.dailyfx.com/economic-calendar#2020-07-14
  • 💶 Industrial Production YoY (MAY) Actual: -20.9% Expected: -20% Previous: -28% https://www.dailyfx.com/economic-calendar#2020-07-14
  • Heads Up:🇩🇪 ZEW Current Conditions (JUL) due at 09:00 GMT (15min) Expected: -65 Previous: -83.1 https://www.dailyfx.com/economic-calendar#2020-07-14
  • Heads Up:🇩🇪 ZEW Economic Sentiment Index (JUL) due at 09:00 GMT (15min) Expected: 60 Previous: 63.4 https://www.dailyfx.com/economic-calendar#2020-07-14
  • Heads Up:💶 Industrial Production YoY (MAY) due at 09:00 GMT (15min) Expected: -20% Previous: -28% https://www.dailyfx.com/economic-calendar#2020-07-14
  • Heads Up:💶 ZEW Economic Sentiment Index (JUL) due at 09:00 GMT (15min) Previous: 58.6 https://www.dailyfx.com/economic-calendar#2020-07-14
  • 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/rE8syuS5Co
  • Join @PaulRobinsonFX 's #webinar at 5:30 AM ET/9:30 AM GMT for insight on London #FX and #CFD trading. Register here: https://t.co/AoM3UvLtcF https://t.co/dncy3XYTJz
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.69%, while traders in US 500 are at opposite extremes with 73.24%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/nRGF2Wk2l1
USDollar Reverses-at Short Term Support Line

USDollar Reverses-at Short Term Support Line

2012-02-23 02:31:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_us_dollar_index_body_usdollar.png, USDollar Reverses-at Short Term Support Line

Prepared by Jamie Saettele, CMT

The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) rally reversed just shy of the 61.8% retracement of the 10054-9672 decline and 61.8% extension of the 9672-9878 rally. The 50 day average held and price is now testing a short term support line. A drop under 9779 would confirm the advance from 9672 as a 3 wave affair and put the January low in play.

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

News & Analysis at your fingertips.