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.

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
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
Wall Street
Mixed
Gold
Mixed
GBP/USD
Bullish
USD/JPY
Mixed
More View more
Real Time News
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Gold: 0.38% Silver: 0.04% Oil - US Crude: -0.60% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/1ucq5uuf7U
  • US API Data: #Crude +0.436M VS Est.-2.975M #Cushing -1.286M #Gasoline -1.617M VS Est.+0.464M #Distillate +0.655M VS Est.-0.956M
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.52%, while traders in France 40 are at opposite extremes with 75.87%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/qS7s1S6YOW
  • Dogecoin made another run at highs around the .40 level in celebration of ‘DODGE Day’. Get your market update from @Tams707 here:https://t.co/3vvKuTZ8oh https://t.co/2iLckP6ZUH
  • Netflix regarding subscriber miss - "We don’t believe competitive intensity materially changed in the quarter or was a material factor in the variance as the over-forecast was across all of our regions" Doesn't really inspire confidence...
  • Netflix Q1 Earnings: Revs: $7.16B vs. est. $7.14 EPS: $3.75 vs est. $2.98 $NFLX
  • Netflix earnings: $7.16b rev vs $7.14b est EPS: $3.75 vs $2.98 est Huge miss on subscribers added: +3.98m vs +6.29m est $NFLX shares 10% lower on subscriber miss
  • US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/JPY, GBP/JPY https://www.dailyfx.com/forex/video/live_events/2021/04/20/US-Dollar-Price-Action-Setups-EUR-USD-GBP-USD-USD-JPY-GBP-JPY.html
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.33% Germany 30: 0.25% France 40: 0.09% US 500: 0.01% Wall Street: 0.00% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/3jk8anEOJd
  • The FTSE 100 index surpasses 7000 landmark for the first time since Feb 2020. Ocado Group is strong out of the gate after £10m investment in Oxbotica. Get your #FTSE market update from @RichardSnowFX here:https://t.co/JWFr74q0Mv https://t.co/CFPmSI5fbe
FOREX Technical Analysis: USDOLLAR Respects Channel Resistance

FOREX Technical Analysis: USDOLLAR Respects Channel Resistance

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_us_dollar_index_body_usdollar.png, FOREX Technical Analysis: USDOLLAR Respects Channel Resistance

Chart Prepared by Jamie Saettele, CMT

FOREXAnalysis: The USDOLLAR reversed right at channel resistance Friday. Price is already nearing initial support from former resistance at 10065. Estimated resistance is now 10113. Given the reaction at the channel, shorts are warranted into that level against Friday’s high towards 10013.

FOREX Trading Strategy: I wrote last Thursday that “strength into the upward sloping channel resistance on NFP would warrant a near term short.” Focus is lower towards 10013.

LEVELS: 9977 10013 10065 10157 10236 10323

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

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

Subscribe to Jamie Saettele's distribution list in order to receive actionable FX trading strategy delivered to your inbox.

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