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
Bearish
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
Mixed
Gold
Bearish
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.23% US 500: 0.14% FTSE 100: -0.02% Germany 30: -0.63% France 40: -0.64% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/eZYoKFHsFQ
  • The Dollar slipped just before its bullish reversal could get its footing while gold outright tumbled. I am dubious of both moves. My video for today: '#Dollar Builds Its Range on Same Sparks that Turn S&P 500, Gold Reversal' https://www.dailyfx.com/forex/video/daily_news_report/2020/08/12/Dollar-Builds-Its-Range-on-Same-Sparks-that-Turn-SP-500-Gold-Reversal.html?ref-author=Kicklighter&QPID=917719&CHID=9 https://t.co/b743hgerTf
  • RBNZ Governor Adrian Orr: Current conditions don't suit foreign asset purchases - BBG $NZDUSD #RBNZ
  • RBNZ Governor Adrian Orr: No target for bond yields but not out of the question in the future - BBG $NZD #RBNZ
  • Take a closer look visually at the most influential global importers and exporters here: https://t.co/1G7CRsegRX https://t.co/sV2cqUTy7B
  • RBNZ Governor Adrian Orr: Want to actively get bond yields lower - BBG $#RBNZ $NZDUSD
  • RBNZ Governor Adrian Orr: Cap on bond holdings raised to 60%, wants to see bond market remain deep and liquid - BBG $NZDUSD #RBNZ
  • RBNZ Governor Adrian Orr: RBNZ committed to OCR guidance until March 2021 - BBG $NZDUSD #RBNZ
  • RBNZ Governor Adrian Orr: Banks making good progress in preparing for negative interest rates - BBG $NZDUSD #RBNZ
  • RBNZ Governor Adrian Orr: Monetary policy decision finalized today, recent Covid-19 outbreak in Auckland didn't influence decision - BBG $NZDUSD
US Dollar Index Breaks 2016 Trendline; 99.50s is Estimated Resistance

US Dollar Index Breaks 2016 Trendline; 99.50s is Estimated Resistance

2017-04-25 19:33:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

US Dollar Index Breaks 2016 Trendline; 99.50s is Estimated Resistance

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

Real Time Positioning

-“Today was the 8th test of the trendline that originates at the 2016 low since August. I don’t have a strong opinion on direction right now but the barriers are the January-March line and 2016 trendline. A move on either side of these lines (daily close) ideally ushers in the next directional move.” The drop below the line indicates a potentially major trend change. If DXY bounces, then pay attention to the underside of the line (99.50s) for resistance.

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

DISCLOSURES

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.