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. See our updated Privacy Policy here.

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
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.65%, while traders in France 40 are at opposite extremes with 77.78%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/mhS5GPlzBU
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Gold: -0.17% Oil - US Crude: -0.22% Silver: -0.33% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/DrnTBv3TGT
  • Forex sentiment analysis can be a useful tool to help traders understand and act on price behavior. Learn how to get the most out of understanding trader sentiment here: https://t.co/rJznrXkcYz https://t.co/F98u380a6a
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.63% 🇦🇺AUD: 0.42% 🇯🇵JPY: 0.15% 🇪🇺EUR: 0.01% 🇨🇭CHF: -0.00% 🇨🇦CAD: -0.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/qb29dNwFFu
  • 🇨🇭 Consumer Confidence (Q3) Actual: 10 Previous: -18 https://www.dailyfx.com/economic-calendar#2021-08-03
  • 🇪🇸 Unemployment Change (JUL) Actual: -197.8K Previous: -166.9K https://www.dailyfx.com/economic-calendar#2021-08-03
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.31% US 500: 0.27% France 40: 0.20% FTSE 100: -0.04% Germany 30: -0.14% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/wOyy3Nhn5u
  • Heads Up:🇨🇭 Consumer Confidence (Q3) due at 07:00 GMT (15min) Previous: -7.1 https://www.dailyfx.com/economic-calendar#2021-08-03
  • Heads Up:🇪🇸 Unemployment Change (JUL) due at 07:00 GMT (15min) Previous: -166.9K https://www.dailyfx.com/economic-calendar#2021-08-03
  • 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/JIeP0eAD3i
US Dollar Index Eases into 99.80s; Make or Break Here

US Dollar Index Eases into 99.80s; Make or Break Here

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

US Dollar Index Eases into 99.80s; Make or Break Here

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-“Weakness below 100.51 (December 2015 high) would suggest a broader reversal. The level is classified as a decision point (make or break level).” I made the case 2 weeks ago in this video that DXY had already reversed but DXY is ‘hanging around’ former resistance (2015 highs) so respect potential for another rally attempt. A decisive break would target 98.00 initially.

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

DISCLOSURES