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
EUR/USD
Mixed
Oil - US Crude
Bearish
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
Wall Street
Bearish
Gold
Mixed
GBP/USD
Bearish
USD/JPY
Mixed
More View more
Real Time News
  • Some massive surges in Covid-19 cases worldwide: The US (+78,702 on Oct 24) France (+ 52,013 on Oct 25) Spain (+ 19,851 on Oct 23) UK (+ 19,790 on Oct 25) Germany (+ 11,176 on Oct 24) A virus resurgence dampened sentiment, weighing on equities, oil and growth-linked currencies.
  • Market Update Risk-off tilt persisting throughout APAC trade $USD gaining against all its major counterparts, with the cyclically-sensitive $AUD and $CAD the biggest underperformers #SP500 continuing to grind lower alongside #crudeoil, #gold and Australia's #ASX200
  • 🇯🇵 Leading Economic Index Final (AUG) Actual: 88.4 Expected: 88.8 Previous: 86.7 https://www.dailyfx.com/economic-calendar#2020-10-26
  • - British Pound braces for #Brexit as political volatility rattles GBP crosses - Australian Dollar traders closely eyeing Chinese Plenum and 5-year plan - #Euro, US Dollar price action may pick up on upcoming WTO tariff ruling https://www.dailyfx.com/forex/fundamental/article/special_report/2020/10/26/GBP-AUD-USD-Volatility-to-Swell-on-Cross-Continental-Geopolitical-Risks.html
  • Heads Up:🇯🇵 Leading Economic Index Final (AUG) due at 05:00 GMT (15min) Expected: 88.8 Previous: 86.7 https://www.dailyfx.com/economic-calendar#2020-10-26
  • Heads Up:🇯🇵 Coincident Index Final (AUG) due at 05:00 GMT (15min) Expected: 79.4 Previous: 78.3 https://www.dailyfx.com/economic-calendar#2020-10-26
  • WTI crude oil prices fell to US$ 39.16 amid a rapid climb in US coronavirus cases and stricter counter-virus measures across the EU. A key technical range of US$ 37.00 - 41.00 may define near-term trading with a bias towards the downside. https://t.co/MDmJMC6xnH
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.86%, while traders in EUR/USD are at opposite extremes with 74.29%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/gzrHLaRhHV
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: -0.07% 🇳🇿NZD: -0.10% 🇯🇵JPY: -0.15% 🇪🇺EUR: -0.22% 🇨🇦CAD: -0.24% 🇦🇺AUD: -0.34% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/zHVMRgn43I
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: FTSE 100: -0.41% France 40: -0.72% Wall Street: -0.75% US 500: -0.76% Germany 30: -1.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/qj3vTsWnmK
USDOLLAR Meager Range Develops after Behavior Change

USDOLLAR Meager Range Develops after Behavior Change

2015-04-23 16:35:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

USDOLLAR Meager Range Develops after Behavior Change

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“USDOLLAR continues to respect well-defined parallels. A drop below the lower parallel would indicate an important behavior change and potential for the largest decline since July 2014. At the same time, the median line could provide resistance near 12220.”

-“The drop below the support line indicates that trend has changed (to at least sideways and maybe down). Watch 12088 for resistance.”

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

DISCLOSURES