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
Bearish
Gold
Bullish
GBP/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
USD/JPY
Mixed
More View more
Real Time News
  • Please join @PeterHanksFX at 11:00 EST/15:00 GMT for your weekly stock market outlook. Register here: https://t.co/nqJWK4f4sl https://t.co/dp4faqlMl7
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 89.86%, while traders in GBP/USD are at opposite extremes with 68.99%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/hu9IfBFkzq
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.48% Gold: -0.31% Silver: -0.52% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/WOwgbEuZec
  • Heads Up:🇧🇷 Business Confidence (MAY) due at 14:00 GMT (15min) Previous: 53.7 https://www.dailyfx.com/economic-calendar#2021-05-12
  • Mid-Week Strategy webinar begins right now and there's some vol to work with https://www.dailyfx.com/webinars/140187219 Topics: 1) Big inflation beat, USD gives back gains 2) EUR/USD jumping right back into resistance zone after CPI release 3) Gold - bull flag remains in-play Let's go
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.76% Germany 30: 0.26% France 40: 0.18% Wall Street: -0.40% US 500: -0.75% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/RqkV6znl1S
  • US inflation (April) is expected to jump to 3.6% y/y. USD41 billion 10-year USTs hit the street later in the session. Get your market update from @nickcawley1 here:https://t.co/jbDHCCgwME https://t.co/gsJqv03UDs
  • Core inflation CPI - excluding the typical volatile items like food and fuel - charged to the fastest clip of growth (+2.96%) since December 1995
  • Liz Cheney ousted from House GOP leadership. -@axios
  • I can see the Fed's strategy following the fastest headline inflation figure since 2008: https://t.co/yUeN7hbvyj
USDOLLAR Pullback Enough for a Reset?

USDOLLAR Pullback Enough for a Reset?

Jamie Saettele, CMT, Sr. Technical Strategist

Weekly

USDOLLAR Pullback Enough for a Reset?

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. The bullish outside month in July is a good way for long term USD strength to resume.”

-“A double bottom with the October 2013 and July 2014 lows in USDOLLAR was confirmed on the push above 10756. The pattern’s objective is 11142 and the high last week was 11143! Extreme momentum and sentiment gives scope to a period of weakness in order to reset the market for its next advance.” Daily RSI has moderated enough to reset the market for another push higher.

--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