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
Subscribe
Please try again
EUR/USD
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
Oil - US Crude
Bullish
Wall Street
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
Gold
Bearish
GBP/USD
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
USD/JPY
Mixed
More View more
Real Time News
  • Italy lowers 2021 GDP growth forecast to 4.5% from 6.0% made in September - sources $EUR
  • 🇺🇸 Industrial Production YoY (MAR) Actual: 1% Previous: -4.2% https://www.dailyfx.com/economic-calendar#2021-04-15
  • 🇺🇸 Industrial Production MoM (MAR) Actual: 1.4% Expected: 2.8% Previous: -2.6% https://www.dailyfx.com/economic-calendar#2021-04-15
  • #Bitcoin breakout has pulled back, trying to set support around the prior ATH $BTCUSD https://t.co/xwjAFzu6ot https://t.co/NagHvd9qvT
  • Heads Up:🇺🇸 Industrial Production MoM (MAR) due at 13:15 GMT (15min) Expected: 2.8% Previous: -2.2% https://www.dailyfx.com/economic-calendar#2021-04-15
  • Heads Up:🇺🇸 Industrial Production YoY (MAR) due at 13:15 GMT (15min) Previous: -4.2% https://www.dailyfx.com/economic-calendar#2021-04-15
  • $NDX has really come back to life in the first two weeks of Q2. impressive run, fresh highs after what was about a six-week grind from mid-feb to late-march that six-week grind now looks to be a quarter-end theme. US rates easing, stocks flying $QQQ https://t.co/IzqUMEmjSj https://t.co/LrWXQwBkbV
  • US 30yr Treasury yields have fallen to their lowest level in over a month, dropping to trade around the 2.27% level. $USD https://t.co/XjshJ46n96
  • US yields continuing its slide with a breach of 1.6%, EM FX have been among the main beneficiaries with both $USDZAR & $USDMXN also tripping through key support at 14.40 and 20.00 respectively ($RUB dampened by US sanctions) https://t.co/xPHv3GyJUK
  • $EURUSD return to resistance can almost feel it looking at that 1.2000 level thinking 'should I?' https://t.co/JhqDskiNqv
USD/CAD Takes a Dive into Channel Support

USD/CAD Takes a Dive into Channel Support

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_usd-cad_body_usdcad.png, USD/CAD Takes a Dive into Channel Support

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Are you new to FX or curious about your trading IQ?

FOREXAnalysis: The USDCAD has dropped into parallel channel support. The drop is sharp but a constructive bias is warranted as long as price is above the channel (and the 1.0082 low). Something that should worry bulls however is the extreme COT positioning.

FOREXTrading Strategy: Long, stop 1.0080, target 1.0400

LEVELS: 1.0001 1.0056 1.0103 1.0152 1.0213 1.0263

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

DISCLOSURES