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
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
Mixed
Wall Street
Bullish
Gold
Bullish
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Cryptos LOD...#btc #eth #ltc #bch #cryptocurrencies @DailyFX Prices via @IGcom https://t.co/bUcGhe12Qc
  • Overall, with little surprises in the monetary policy announcement, the Euro saw little in the way of notable price action. Get your market update from @JMcQueenFX here:https://t.co/PFl52rx4mE https://t.co/kT5dBmz2Ya
  • $GBPUSD rose above 1.3700 today, hitting its highest level since the spring of 2018. $GBP $USD https://t.co/gfNCg6Abnr
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.25% Germany 30: 0.23% US 500: 0.16% Wall Street: 0.07% France 40: -0.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/PrYQiwmAJ1
  • ECB President Lagarde: - ECB is "very carefully" monitoring exchange rates - Play an important role in inflation - Reiterates that all instruments can be adjusted and nothing is off the table #ECB $EUR
  • ECB President Lagarde: - "Nothing is off the table" in regard to policy instruments #ECB $EUR
  • ECB President Lagarde: - If and when we have a digital Euro, we will also have banknotes - ECB will make decision in the spring whether to go ahead with digital Euro work - Lots of questions remain, is a complicated issue - Is not "about to come," will be years #ECB $EUR
  • ECB President Lagarde: - An ambitious and coordinated fiscal stance is critical - Fiscal measures should be targeted and temporary - EU aid package must become operational without delay #ECB $EUR
  • ECB President Lagarde: - Risks surrounding Euro-area outlook remain tilted to the downside, but less pronounced - Underlying price pressures are expected to remain subdued - Inflation is likely to increase in the coming months as pandemic's impact fades #ECB $EUR
  • ECB's Lagarde - Downside risks to outlook are less pronounced $EUR
USDOLLAR 10736/55 Could Produce an Important Low

USDOLLAR 10736/55 Could Produce an Important Low

Jamie Saettele, CMT, Sr. Technical Strategist

4Hour

eliottWaves_us_dollar_index_body_usdollar.png, USDOLLAR 10736/55 Could Produce an Important Low

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Interested in automated trading with Mirror Trader

FOREXAnalysis: Wrote last week that “the USDOLLAR rally is impressive and has retraced exactly 61.8% of the decline from the July high. The advance forms a steep channel as well. This is probably a good place for a pullback to get underway. If it does, then expectations are for support near 10800/25.” Price has dropped below 10800 and is nearing potentially strong support from the European session low on 7/30 at 10755 and the 7/29 close at 10736. Trendline resistance reinforces the area as well.

FOREX Trading Strategy: Flat

LEVELS: 10693 10736 10755 10806 10832 10862

--- 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'sdistribution 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