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.

Free Trading Guides
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
GBP/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
USD/JPY
Bearish
Gold
Bullish
Oil - US Crude
Bearish
Bitcoin
Bullish
More View more
Real Time News
  • Trade conflict is clearly awful for the broad world economy, but some countries are already benefiting from it. More stand to do so. Spotting them early could be profitable. Get your update on the #tradewar from @DavidCottleFX here: https://t.co/og0VAPAqwm https://t.co/MuqUMEcZR9
  • LIVE NOW: Join Currency Strategist @PaulRobinsonFX as he discusses a wide range of topics with emphasis on psychology, trade execution, and risk management with the goal of helping traders improve performance. Register here: https://www.dailyfx.com/webinars/602330483?CHID=9&QPID=917720
  • 🇪🇺 EUR Euro-Zone Industrial Production w.d.a. (YoY) (OCT), Actual: -2.2% Expected: -2.4% Previous: -1.8% https://www.dailyfx.com/economic-calendar#2019-12-12
  • LIVE IN 30 MIN: Join Currency Strategist @PaulRobinsonFX as he discusses a wide range of topics with emphasis on psychology, trade execution, and risk management with the goal of helping traders improve performance. Register here: https://www.dailyfx.com/webinars/602330483?CHID=9&QPID=917720
  • Heads Up:🇪🇺 EUR Euro-Zone Industrial Production w.d.a. (YoY) (OCT) due at 10:00 GMT (15min), Actual: N/A Expected: -2.4% Previous: -1.7% https://www.dailyfx.com/economic-calendar#2019-12-12
  • Join @PaulRobinsonFX 's #webinar at 5:30 AM ET/10:30 AM GMT to learn about how you can become a better trader. Register here: https://t.co/WeWGKtdlyz https://t.co/sAiq2T3EAQ
  • Central bank independence has several advantages and disadvantages. Find out what they are in-depth with @MartinSEssex here: https://t.co/wVFXbbTxf1 https://t.co/gRUZPiE6vs
  • $GBP O/n vols highest since EU Referendum https://t.co/7DhR3jhII1
  • Have central banks run out of ammo? And where are central banks headed? Find out from Cross-asset class trader, @JohnNetto only on Trading Global Markets Decoded #podcast with @MartinSEssex here: https://t.co/Twr44cZ1GB https://t.co/A2qMIwCTU4
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.95%, while traders in US 500 are at opposite extremes with 76.51%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/SC18bOymU6
USDOLLAR Responds to August 2013 High; Watch 10756 for Support

USDOLLAR Responds to August 2013 High; Watch 10756 for Support

2014-09-16 18:21:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

USDOLLAR Responds to August 2013 High; Watch 10756 for Support

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“After flirting with the line that extends off of the 2011 and 2012 lows for 3 weeks, the USDOLLAR found legs and trades just shy of the 50% retracement of the year’s range and 200 SMA. The bullish outside month in July is a good way for long term USD strength to resume.”

-“The USDOLLAR has blasted through everything that I thought would at least lead to a multiday sideways to down move. 10869/97 is a possible reaction level (maybe).” The index reversed sharply after tagging the August 2013 high at 10897 today. A counter move may finally be underway. Watch 10756 for support.

--Trading ideasare available to J.S. Trade Desk members.

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

DISCLOSURES

News & Analysis at your fingertips.