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
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
Mixed
Gold
Bullish
GBP/USD
Bullish
USD/JPY
Bearish
More View more
Real Time News
  • Commodities Update: As of 08:00, these are your best and worst performers based on the London trading schedule: Silver: 0.13% Gold: -0.11% Oil - US Crude: -0.70% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/XbB9cZNVhI
  • Slippage can be a common occurrence in forex trading but is often misunderstood. Understanding how forex slippage occurs can enable a trader to minimize negative slippage, while potentially maximizing positive slippage. Learn about FX slippage here: https://t.co/Blrl0uF2Ct https://t.co/mp9uMbpRgg
  • Forex Update: As of 08:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.45% 🇬🇧GBP: 0.32% 🇦🇺AUD: 0.18% 🇨🇭CHF: 0.10% 🇨🇦CAD: 0.04% 🇯🇵JPY: -0.00% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/I4S6FaLqFn
  • Indices Update: As of 08:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.49% France 40: 0.45% Germany 30: 0.45% US 500: 0.34% Wall Street: 0.25% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/mYqmNppOqU
  • 🇫🇷 Business Confidence (JAN) Actual: 98 Expected: 94 Previous: 93 https://www.dailyfx.com/economic-calendar#2021-01-21
  • Heads Up:🇪🇺 European Council Meeting due at 08:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-01-21
  • Turkey weighs end to dividend freeze for banks - BBG $TRY
  • Chinese Commerce Ministry: China will take measures against actions undermining interest - BBG $USDCNH
  • EUR/USD Hovering Above Support as ECB Rate Decision Shifts into View - https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2021/01/21/EURUSD-Hovering-Above-Support-as-ECB-Rate-Decision-Shifts-into-View.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr #ECB $EUR $EURUSD https://t.co/uOpwtx661p
  • 🇮🇩 Interest Rate Decision Actual: 3.75% Expected: 3.75% Previous: 3.75% https://www.dailyfx.com/economic-calendar#2021-01-21
USDOLLAR Still Struggling with 10760

USDOLLAR Still Struggling with 10760

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

eliottWaves_us_dollar_index_body_usdollar.png, USDOLLAR Still Struggling with 10760

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Interested in automated trading with Mirror Trader

FOREXAnalysis: Bigger picture, the USDOLLAR remains constructive as per daily RSI holding the 40 level (similar to NZDUSD holding 60) and more importantly price holding the trendline that extends off of lows to late 2012. Near term isn’t conclusive with price bouncing between 10650 and 10760 for most of the month.

FOREX Trading Strategy: Flat

LEVELS: 10644 10683 10707 10760 10803 10857

--- 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