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
Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
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
News
US Dollar Rip, Dip, Rip Around CPI: EUR/USD, USD/CAD
2021-05-12 16:45:00
EUR/USD Rally Stalls Ahead of February High Even as ECB Slows PEPP
2021-05-12 14:00:00
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
News
Crude Oil Prices at Risk if US PPI Data Echoes the Consumer Inflation Beat
2021-05-13 06:00:00
Oil Price Outlook: Crude Surges- Bulls Eye Major Breakout at May High
2021-05-12 15:30:00
Wall Street
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
News
Why a Rise in Retail Trading May Signal Another Mania
2021-05-13 04:00:00
Dow Jones, Nasdaq 100, Nikkei 225, ASX 200 Outlook Vulnerable After 2008 High US CPI
2021-05-13 01:00:00
Gold
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
News
Is Gold a Good Inflation Hedge? - XAU/USD Rejected at Key Trendline, Focus on US PPI
2021-05-13 08:00:00
Gold Price Forecast: XAU Eyes US Retail Sales After CPI Boosts Fed Rate Bets
2021-05-13 02:00:00
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
News
Pound Technical Outlook: GBP/USD Testing Support, Trend
2021-05-13 12:30:00
GBP/USD Shrugs at UK GDP, May Drop on US CPI Data
2021-05-12 06:13:00
USD/JPY
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
News
US Dollar Rockets Higher as Inflation Spikes to 4.2% in April
2021-05-12 13:15:00
Japanese Yen Technical Analysis: Broader Outlook Bearish, USD/JPY Eyes Key Trendline
2021-05-12 05:00:00
More View more
Real Time News
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: US 500: 0.39% Wall Street: 0.06% Germany 30: -0.21% France 40: -0.23% FTSE 100: -1.19% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/LEp8Xu4W5K
  • Pullback has the 14000 level in focus as support. Support is important for short-term outlook. Get your $GBP market update from @PaulRobinsonFX here:https://t.co/rPEgnVP7lY https://t.co/2b11tg6ZDV
  • there's that 1.4000 level again $GBPUSD multiple resistance inflections on the way up. first support test at this spot since the breakout https://t.co/qpsq0NqMvN https://t.co/snZCBwNrby
  • $USD made it a quick trip up to fibo resistance looked at in yday's webinar ~90.82 https://t.co/gedHWHfyKN https://t.co/ICAUcMaHYT
  • This is a pair flying under the radar but registering an extreme. $CADJPY weekly has difference between spot and 50-week moving average at +9.5%. Momentum past three weeks not only aggressive, the move has pushed it to 50% of 2014-2020 and 38.2% Fib of historical range https://t.co/yQJ15UpOTG
  • 🇺🇸 Initial Jobless Claims (08/MAY) Actual: 473K Expected: 490K Previous: 566K https://www.dailyfx.com/economic-calendar#2021-05-13
  • 🇺🇸 Jobless Claims 4-week Average (MAY/08) Actual: 534K Previous: 655.75K https://www.dailyfx.com/economic-calendar#2021-05-13
  • 🇺🇸 Continuing Jobless Claims (01/MAY) Actual: 3655K Expected: 3655K Previous: 3651K https://www.dailyfx.com/economic-calendar#2021-05-13
  • 🇺🇸 PPI MoM (APR) Actual: 0.6% Expected: 0.3% Previous: 1% https://www.dailyfx.com/economic-calendar#2021-05-13
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 90.48%, while traders in GBP/JPY are at opposite extremes with 68.51%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/ebZHqitIAd
USDCAD Retraces Half of Advance from April Low

USDCAD Retraces Half of Advance from April Low

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_usd-cad_body_usdcad.png, USDCAD Retraces Half of Advance from April Low

Prepared by Jamie Saettele, CMT

The USDCAD is testing channel support and the 50% retracement of the advance from 9799. The 100% extension of the decline from 10446 is next in line at 10075. Finally, the April high is in line with the 61.8% retracement at 10050. In summary, 10050 to the current level is stacked with technical levels (support).

LEVELS: 10046 10075 10123 10230 10265 10315

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

DISCLOSURES

Related Articles

USD/CAD Technical Analysis: Long-term Uptrend Support vs Downward Channel
USD/CAD Technical Analysis: Long-term Uptrend Support vs Downward Channel
2020-08-17 11:00:00
USD/CAD Bullish Channel Defines Current Trend
USD/CAD Bullish Channel Defines Current Trend
2019-04-25 17:23:00
USD/CAD Falls Towards Support Offering a Bullish Setup
USD/CAD Falls Towards Support Offering a Bullish Setup
2017-12-27 00:05:00
USD/CAD Hugs Trend Line, But For How Much Longer?
USD/CAD Hugs Trend Line, But For How Much Longer?
2017-11-21 00:44:00
Advertisement

Rates

USD/CAD
Bearish