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.

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
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
Euro Price Outlook: EUR/USD, EUR/GBP, EUR/JPY – Charts & Levels
2020-05-31 23:50:00
Markets Week Ahead: AUD, CAD, GBP, Brexit Talks, Dow Jones, USD, NFPs
2020-05-31 16:00:00
Oil - US Crude
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
Crude Oil Prices Rise as Trump Talks Hong Kong, Gold Up on US Unrest
2020-06-01 03:30:00
Crude Oil Prices Stalling at Resistance, Multi-Week Uptrend at Risk?
2020-05-31 00:00:00
Wall Street
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
Dow Jones, S&P 500, Nasdaq Composite Ready for More Highs?
2020-05-31 23:00:00
Markets Week Ahead: AUD, CAD, GBP, Brexit Talks, Dow Jones, USD, NFPs
2020-05-31 16:00:00
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 Eyes 2012 High Again Following Break of Negative RSI Slope
2020-06-01 05:00:00
Crude Oil Prices Rise as Trump Talks Hong Kong, Gold Up on US Unrest
2020-06-01 03:30:00
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
News
British Pound (GBP) Latest: Crucial EU/UK Trade Talks, Emergency UK Stimulus Package Talk
2020-06-01 08:00:00
Markets Week Ahead: AUD, CAD, GBP, Brexit Talks, Dow Jones, USD, NFPs
2020-05-31 16:00:00
USD/JPY
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
Japanese Yen Price Outlook: USD/JPY Rebound Faces First Test
2020-05-30 09:00:00
US Recession Watch, May 2020 - US Yield Curve Hides the Truth
2020-05-28 14:00:00
More View more
Real Time News
  • NZD/USD IG Client Sentiment: Our data shows traders are now net-long NZD/USD for the first time since May 19, 2020 when NZD/USD traded near 0.61. A contrarian view of crowd sentiment points to NZD/USD weakness. https://www.dailyfx.com/sentiment https://t.co/vNo6FTWKmk
  • Crude Oil Prices Rise as Trump Talks Hong Kong, Gold Up on US Unrest - https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2020/06/01/Crude-Oil-Prices-Rise-as-Trump-Talks-Hong-Kong-Gold-Up-on-US-Unrest.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #CrudeOil #gold #XAUUSD #OOTT https://t.co/gXE7J4nA4K
  • 🇿🇦 ABSA Manufacturing PMI Actual: 50.2 Previous: 46.1 https://www.dailyfx.com/economic-calendar#2020-06-01
  • Repaso a los eventos más importantes de la semana, enfoque en #Lagarde y el #BCE #trading https://t.co/tlKfrNq9xW https://t.co/TgfLmXwvVu
  • Repaso a los eventos más importantes de la semana, enfoque en #Lagarde y el #BCE #trading https://t.co/tlKfrNq9xW
  • Heads Up:🇿🇦 ABSA Manufacturing PMI due at 09:00 GMT (15min) Previous: 46.1 https://www.dailyfx.com/economic-calendar#2020-06-01
  • OPEC and Russia is said to be moving closer to an agreement on extension of oil production cuts, looking at 1-2 months - RTRS sources
  • 🇬🇧 Markit/CIPS Manufacturing PMI Final Actual: 40.7 Expected: 40.7 Previous: 32.6 https://www.dailyfx.com/economic-calendar#2020-06-01
  • Sharp risk-off reversal after #China is reported to halt some US agriculture imports amid #HongKong tensions & #TradeWar escalation. #AUD, #NZD and #SP500 futures down. #USD and #JPY up. https://t.co/2uwoEalx62
  • Heads Up:🇬🇧 Markit/CIPS Manufacturing PMI Final due at 08:30 GMT (15min) Expected: 40.7 Previous: 32.6 https://www.dailyfx.com/economic-calendar#2020-06-01
USDOLLAR Faces Tough Test at Current Level

USDOLLAR Faces Tough Test at Current Level

2012-10-09 00:34:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_us_dollar_index_body_usdollar.png, USDOLLAR Faces Tough Test at Current Level

Prepared by Jamie Saettele, CMT

The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) faces resistance at 9930/63 (9/10 high, 8/23 low and 38.2% retracement of the decline from 10323). The current level is viewed as a high risk area for bulls and therefore an opportunity to trade from the short side, although I’d like to see a test and failure at the 38.2% retracement at 9963 before doing anything.

LEVELS: 9843 9861 9902 9963 9987 10046

--- 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.