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
Oil - US Crude
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
More View more
Real Time News
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.28% Silver: 0.10% Gold: -0.21% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/YQB5eGCIgP
  • RT @BrendanFaganFx: S&P 500 Outlook: Strong Tesla Earnings Kick of Event-Laden Week $SPX $SPY $ES_F $TSLA #Bitcoin Link: https://t.co/gx…
  • Further your forex knowledge and gain informed analyses from industry leaders with our free guides, available today. Download the Q3 guide:https://t.co/7G7pWntiyY https://t.co/DLeMnNiHEh
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.89%, while traders in Wall Street are at opposite extremes with 75.93%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/qBsgvA96zQ
  • Tesla 2Q Earnings: 2Q REV. $11.96B, EST. $11.36B 2Q ADJ EPS $1.45, EST. 97C $TSLA
  • Amazon denies it will accept Bitcoin in statement - BBG #Bitcoin $AMZN
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: France 40: 0.26% FTSE 100: 0.11% Germany 30: 0.11% US 500: 0.01% Wall Street: 0.00% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/EWWKdCxx1c
  • Gold grinding lower, May 2019 trend-line may still come into play. Silver outlook a bit clearer with it trending lower below support. Get your market update from @PaulRobinsonFX here:https://t.co/q9ut8t96hM https://t.co/7LZ0xUCegm
  • Despite today's gains, AUD/USD continues its struggle to reclaim the 0.74 area $AUDUSD https://t.co/qOK1KdS1Cc
  • #Bitcoin back above $40,000
USD/CAD Rally Failing to Pick Up Steam; Beware

USD/CAD Rally Failing to Pick Up Steam; Beware

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

eliottWaves_usd-cad_body_usdcad.png, USD/CAD Rally Failing to Pick Up Steam; Beware

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader

-USDCAD made a key reversal on a larger than average range on 9/19. 9/20 follow through confirms the tradeable low.

-More important, the reversal occurs at a huge support level defined by the line that extends off of the September 2012 and January 2013 lows as well as the 100% extension of the decline from the July high (2 equal legs) AND corrective channel support.

-The reversal occurred on heavy volume (20 day high in CME volume).

Trading Strategy: Despite all of the above, the rate has barely budged in recent days. Was long but moving to flat…for now.

LEVELS: 1.0232 1.0264 1.0300 | 1.0355 1.0409 1.0470

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

DISCLOSURES