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
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
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
Bullish
USD/JPY
Mixed
More View more
Real Time News
  • Coinbase’s impending initial public offering could provide the necessary fuel for Bitcoin to push to fresh record highs in the coming days. Get your market update from @DanielGMoss here:https://t.co/twdu0zHY7m https://t.co/Bz8Go9K72L
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.07% 🇳🇿NZD: 0.03% 🇨🇦CAD: 0.01% 🇪🇺EUR: -0.02% 🇬🇧GBP: -0.03% 🇨🇭CHF: -0.09% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/A5TMlQSzQP
  • RT @BrendanFaganFx: Australian Dollar Falls as Jobs Data Shows Decline in Full-Time Employment $AUD $USD #Australia Link: https://t.co/k…
  • $USDSGD broke under the key 1.3375 - 1.3389 inflection zone over the last 24 hours Took out the 50-day SMA as well, awaiting confirmation This may open the door to revisiting January lows, especially if US yields continue to lose upside momentum #Singapore #SGD https://t.co/pIXS201NhI
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.84%, while traders in France 40 are at opposite extremes with 75.65%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/7WRQzbHU0c
  • $AUDUSD is dropping following the March employment report, which showed a decrease in full-time jobs. The RBA highlighted the pandemic's outsized impact on full-time employment in the Feb monetary policy statement. Full-time change: -20.8k Part-time change: +91.5k https://t.co/rlgjmjb9kP
  • Nasdaq 100 Retreats as Coinbase Falls, May Cast a Shadow on Hang Seng and ASX 200 https://www.dailyfx.com/forex/market_alert/2021/04/15/Nasdaq-100-Retreats-as-Coinbase-Falls-May-Cast-a-Shadow-on-Hang-Seng-and-ASX-200-.html https://t.co/ZvcDnwXQ4e
  • PBOC Conducts 150 billion Yuan of 1-year MLF at 2.95% - rolls over earlier MLF, TMLF with 150 billion Yuan MLF operations - BBG $USDCNH
  • 🇦🇺 Full Time Employment Chg (MAR) Actual: -20.8K Previous: 89.1K https://www.dailyfx.com/economic-calendar#2021-04-15
  • 🇦🇺 Unemployment Rate (MAR) Actual: 5.6% Expected: 5.7% Previous: 5.8% https://www.dailyfx.com/economic-calendar#2021-04-15
USD/CAD Crashes into Year Open

USD/CAD Crashes into Year Open

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

USD/CAD Crashes into Year Open

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-“The month open at 1.0840 continues to be tested. The rate needs to stay above this level (daily close) in order to maintain a constructive stance. If lower levels are seen then the 200 DMA comes into play.” After 1.0840 gave out, USDCAD has plunged. The 200 DMA didn’t do anything and the rate is back to its year open (1.0634). The July 2013 high intersects with long term trendline support at 1.0608 this week.

LEVELS: 1.0560 1.0587 1.0608 | 1.0646 1.0668 1.0714

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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

DISCLOSURES