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
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • (Tech Special) Japanese Yen Technical Analysis: Broader Outlook Bearish, USD/JPY Eyes Key Trendline #Yen #USDJPY https://www.dailyfx.com/forex/technical/article/special_report/2021/05/12/Japanese-Yen-Technical-Analysis-Broader-Outlook-Bearish-USDJPY-Eyes-Key-Trendline.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/NMknREgiB4
  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here: https://t.co/IsnpfJhp91 https://t.co/DIJ6BUdT0V
  • 🇯🇵 Leading Economic Index Prel (MAR) Actual: 103.2 Previous: 98.9 https://www.dailyfx.com/economic-calendar#2021-05-12
  • 🇯🇵 Coincident Index Prel (MAR) Actual: 93.1 Previous: 89.9 https://www.dailyfx.com/economic-calendar#2021-05-12
  • 🇯🇵 Leading Economic Index Prel (MAR) Actual: 103.2 Previous: 98.7 https://www.dailyfx.com/economic-calendar#2021-05-12
  • The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. Learn about the importance of the ISM manufacturing index here: https://t.co/Xr3xtoFpZy https://t.co/Ewt9Enkdqy
  • Heads Up:🇯🇵 Leading Economic Index Prel (MAR) due at 05:00 GMT (15min) Previous: 98.7 https://www.dailyfx.com/economic-calendar#2021-05-12
  • Heads Up:🇯🇵 Coincident Index Prel (MAR) due at 05:00 GMT (15min) Previous: 89.9 https://www.dailyfx.com/economic-calendar#2021-05-12
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 89.61%, while traders in GBP/USD are at opposite extremes with 68.56%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/kEdSF6ojIK
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: -0.20% 🇨🇦CAD: -0.21% 🇯🇵JPY: -0.22% 🇪🇺EUR: -0.23% 🇳🇿NZD: -0.57% 🇦🇺AUD: -0.64% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/sz8V05hZds
USDOLLAR Back Above Major Trendline

USDOLLAR Back Above Major Trendline

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

USDOLLAR Back Above Major Trendline

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-The USDOLLAR has broken…and reclaimed...long term trendline support. The advance through 10420 is a great start to suggesting that the trendline was break was of the false variety. A weekly key reversal is in the works too (need to close above 10409).

LEVELS: 102501032310354 | 103951042010452

--Trading specifics (setups with entries, stops, targets) are available to J.S. Trade Desk members.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES