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
EUR/USD Rate Eyes June High as Bullish RSI Trend Remains Intact
2020-07-09 00:00:00
USD Price Outlook: US Dollar Tests Support as EUR, GBP, CAD Spike
2020-07-08 20:40:00
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
Crude Oil Prices May Turn Lower as Covid-19 Fears Reemerge
2020-07-07 06:39:00
Crude Oil Technical Forecast 3Q-2020: Range Potential in Focus
2020-07-05 00:00:00
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, Australian Dollar, Canadian Dollar Outlook: Positioning Bets
2020-07-08 03:00:00
Nasdaq 100 & Dow Jones Forecast: Are Stocks in for Another Leg Higher?
2020-07-07 15:30:00
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
News
Gold Price Rally Pushes RSI Indicator Into Overbought Territory
2020-07-09 05:00:00
Gold Breaks to 9 Year High as Nasdaq and Shanghai Composite Hit New Highs
2020-07-09 03:31:00
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
USD Price Outlook: US Dollar Tests Support as EUR, GBP, CAD Spike
2020-07-08 20:40:00
GBP/USD Outlook Brighter, EUR/GBP Dimmer After UK Mini Budget
2020-07-08 12:30:00
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
USD/JPY IG Client Sentiment: Our data shows traders are now net-short USD/JPY for the first time since Jun 10, 2020 when USD/JPY traded near 106.92.
2020-07-07 14:23:00
Technical Trade Levels: Dollar, EUR/USD, USD/CAD, AUD/USD, Gold & SPX
2020-07-06 15:30:00
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.94%, while traders in US 500 are at opposite extremes with 72.37%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/plFxRXM0uT
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.32% 🇨🇭CHF: 0.18% 🇳🇿NZD: 0.17% 🇦🇺AUD: 0.12% 🇨🇦CAD: 0.07% 🇯🇵JPY: -0.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/7LQ64GzSvX
  • A macro forex trading guide exploring how to trade the Euro vs the Swedish Krona and Norwegian Krone through the prism of the Core-Perimeter model. Get your market update from @ZabelinDimitri here:https://t.co/n6zwlZJmGO https://t.co/rYkYIIVNQJ
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: Germany 30: 1.47% France 40: 1.18% FTSE 100: 0.78% US 500: 0.20% Wall Street: 0.17% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/UJ2NbRFbDk
  • RT @DanielGMoss: Market Snapshot Haven-associated $USD and $JPY notably declining during #APAC trade as the risk-sensitive $AUDUSD and #SP…
  • The Core-Perimeter trading model helps traders understand interactions between global economies, helping to trade the assets embedded in these relationships. Get your market update from @ZabelinDimitri here:https://t.co/dKRAo00lfA https://t.co/jjRBxBZs1z
  • What is the #USD #ASEAN technical road ahead? Check out my latest update below! $USDIDR $USDPHP $USDMYR $USDSGD https://www.dailyfx.com/forex/technical/article/special_report/2020/07/09/US-Dollar-Technical-Outlook-USDIDR-USDPHP-USDMYR-USDSGD.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/ByH56TCUdj
  • 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/O2i6DZLkIB
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Gold: -0.02% Silver: -0.02% Oil - US Crude: -0.36% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/8fnXlqvZEz
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.07% 🇨🇭CHF: 0.05% 🇬🇧GBP: 0.01% 🇯🇵JPY: -0.06% 🇦🇺AUD: -0.09% 🇳🇿NZD: -0.09% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/T8ma15KmYS
USDollar Further Pressured after Drop Below 9779

USDollar Further Pressured after Drop Below 9779

2012-02-28 23:20:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_us_dollar_index_body_usdollar.png, USDollar Further Pressured after Drop Below 9779

Prepared by Jamie Saettele, CMT

“The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) rally failed at the 50 day average last week (RSI trendline resistance held as well) which keeps us looking lower towards the February low at 9672 and then the trendline that extends off of the August and October 2011 lows. A break of that trendline would strongly suggest continuation towards the October low (as per the above wave count) in a deep 2nd wave correction. Early March highs/lows should help position us for this next larger bear leg. The drop below 9779 increases confidence in the bearish view. 9728 is interim support.

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.