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EUR/USD
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Euro Price Forecast: EUR/USD at Risk of Reversal with US PCE Data on Tap
2021-02-26 07:30:00
US Dollar Outlook: FX Volatility Ramps as Bond Selloff Intensifies
2021-02-25 23:22:00
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Oil Price Approaches 2020 High Even as RSI Divergence Takes Shape
2021-02-25 20:30:00
Crude Oil Price Forecast: Demand and Supply Drivers Firing on All Cylinders
2021-02-25 04:30:00
Wall Street
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Dow Jones Falls on Rising Yields, ASX 200, Nikkei 225 Tumble
2021-02-26 01:30:00
Stock Market Forecast for the Week Ahead: Growth to Value Rotation Heats Up
2021-02-25 18:30:00
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Mixed
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of clients are net short.
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Gold Price (XAU/USD) Outlook - Treading on Thin Ice as US Treasury Yields Heat Up
2021-02-26 12:00:00
Gold Price Plummets as Treasury Yields Soar. Where to Next for Gold?
2021-02-25 21:00:00
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British Pound (GBP) Latest: GBP/USD Correction From Extremes
2021-02-26 09:00:00
US Dollar Outlook: FX Volatility Ramps as Bond Selloff Intensifies
2021-02-25 23:22:00
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Bullish
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of clients are net long.
of clients are net short.
Long Short

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US Dollar Outlook: FX Volatility Ramps as Bond Selloff Intensifies
2021-02-25 23:22:00
US Dollar Outlook: DXY Index Rejects 50-Day Moving Average
2021-02-24 23:50:00
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  • AUD/USD IG Client Sentiment: Our data shows traders are now net-long AUD/USD for the first time since Feb 02, 2021 when AUD/USD traded near 0.76. A contrarian view of crowd sentiment points to AUD/USD weakness. https://www.dailyfx.com/sentiment https://t.co/izRyhYLOFW
  • Central banks often deem it necessary to intervene in the foreign exchange market to protect the value of their national currency. Learn how central bank intervention can impact your trading here: https://t.co/8G8mUX4so6 https://t.co/Z7TayeGRXB
  • 🇿🇦 Balance of Trade (JAN) Actual: ZAR11.83B Expected: ZAR15.2B Previous: ZAR32B https://www.dailyfx.com/economic-calendar#2021-02-26
  • 🇮🇳 GDP Growth Rate YoY (Q4) Actual: 0.4% Expected: 0.5% Previous: -7.5% https://www.dailyfx.com/economic-calendar#2021-02-26
  • 🇲🇽 Balance of Trade (JAN) Actual: $-1.236B Previous: $6.262B https://www.dailyfx.com/economic-calendar#2021-02-26
  • 🇧🇷 Unemployment Rate (DEC) Actual: 13.9% Expected: 13.9% Previous: 14.1% https://www.dailyfx.com/economic-calendar#2021-02-26
  • S&P 500 back down to support area (3805-10) https://t.co/VgJHDImfZY
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 91.38%, while traders in GBP/JPY are at opposite extremes with 70.18%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/XtCpP1uEI6
  • Heads Up:🇿🇦 Balance of Trade (JAN) due at 12:00 GMT (15min) Expected: ZAR15.2B Previous: ZAR 32B https://www.dailyfx.com/economic-calendar#2021-02-26
  • Heads Up:🇲🇽 Balance of Trade (JAN) due at 12:00 GMT (15min) Previous: $6.262B https://www.dailyfx.com/economic-calendar#2021-02-26
FOREX Technical Analysis: USDCAD Approaching August High

FOREX Technical Analysis: USDCAD Approaching August High

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_usd-cad_body_usdcad.png, FOREX Technical Analysis: USDCAD Approaching August High

Chart Prepared by Jamie Saettele, CMT

FOREXObservations: The USDCAD is approaching the 38.2% retracement of the decline from the October 2011 high and August high at 10084. Expect a market response at these levels.

FOREXTrading Strategy Implications: “The market’s response before support is promising. Market risk remains higher for a break towards 10024 but perhaps in just a terminal thrust from a triangle.” Now that the mentioned level is just about reached, expect a pullback. 9940/70 is support.

LEVELS: 9918 9943 9976 10024 10084 10100

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

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