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
Mixed
Oil - US Crude
Mixed
Wall Street
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
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Australian Dollar Price Outlook: AUD/USD, AUD/JPY, AUD/NZD, AUD/CHF - https://www.dailyfx.com/forex/technical/home/analysis/aud-usd/2021/04/20/Australian-Dollar-Price-Outlook-AUDUSD-AUDJPY-AUDNZD-AUDCHF.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr $AUD $AUDNZD $AUDUSD $AUDJPY
  • $AUDUSD, Australian govt. bond yields rising after #RBA minutes They mentioned a 1st step to tapering 'is likely to occur end of June' when TFF is likely to end They also said they may consider extending it amid deterioration in financial system, but signs are currently missing https://t.co/ROgYfwKOub
  • Looking for a new way to trade reversals? One of the most used reversal candle patterns is known as the Harami. Like most candlestick formation patterns, the Harami tells a story about sentiment in the market. Get better with trading reversals here: https://t.co/rfwUWJfbz9 https://t.co/oeIXNNpty3
  • Commodities Update: As of 02:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.71% Silver: 0.07% Gold: -0.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/fajhiQvAjU
  • Forex Update: As of 02:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.32% 🇨🇦CAD: 0.18% 🇳🇿NZD: 0.17% 🇬🇧GBP: 0.05% 🇨🇭CHF: -0.06% 🇯🇵JPY: -0.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/LvVkeZyHsI
  • China's Xi: Will continue to cut negative list for inbound FDI -BBG
  • China's Xi: China will promote new type of international relations, will do more to help developing nations defeat Covid-19 -BBG
  • China's President Xi Jinping: Must uphold multilateral trading system with #WTO at core, pandemic makes clear must reject Cold War zero sum thinking -BBG
  • RBA Minutes: Monitoring housing borrowing, lending standards carefully. Data, CPI outlook will decide shift of YCC target to November-24 -BBG
  • Please join us at 11:00 PM EST/3:00 GMT for a webinar where you can prepare to trade AUD/USD in the week ahead. Register here: https://t.co/HEJ7X8ORFh https://t.co/MlJGSo4A3m
USD/CAD Follows through on Wedge Breakdown

USD/CAD Follows through on Wedge Breakdown

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

USD/CAD Follows through on Wedge Breakdown

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-Recent updates have noted that “a positive USD/CAD bias is warranted whilst above 1.2834 but be aware that trade since the May low could compose a wedge that gives way to the next down leg within a bearish cycle from the January high…USD/CAD is nearing decision time. A break below the trendline near 1.2900 (but really 1.2834) would favor the bearish wedge interpretation.” The bearish wedge has been confirmed. Risk is lower while below 1.3200.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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

DISCLOSURES