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
Bullish
Wall Street
Bullish
Gold
Mixed
GBP/USD
Mixed
USD/JPY
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
More View more
Real Time News
  • Fed Chair Powell: - The public and the world have confidence in the dollar #Fed $USD
  • The RBNZ noted that operational work to enable the OCR to be taken negative if required has now been complete. Get your $NZD market update from @JMcQueenFX here:https://t.co/R1UTWCHdqT https://t.co/2v0yTvBorT
  • Commodities Update: As of 17:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 2.50% Silver: 0.33% Gold: -0.31% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/eJbD5UV2zK
  • Fed Chair Powell: - We are not acting on forecasts with regards to our policy, only actual data - There is reason for optimism for 2H 2021 if we control the virus #Fed $USD
  • Forex Update: As of 17:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.85% 🇨🇦CAD: 0.45% 🇦🇺AUD: 0.33% 🇪🇺EUR: -0.06% 🇨🇭CHF: -0.25% 🇯🇵JPY: -0.63% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/8HJgkiaCXO
  • Fed Chair Powell - Drawdown in Treasury account at Fed could lower rates $USD
  • Indices Update: As of 17:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.81% US 500: 0.62% France 40: 0.05% Germany 30: 0.04% FTSE 100: -0.19% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/Dz2SC5NeTA
  • $WTI Crude Oil is currently trading at a fresh one year high just shy of 63.00 following today's #EIA report. Oil output and total stockpiles slumped last week, driven by the extreme weather in Texas. $OIL $USO https://t.co/BOtkO2QEN7
  • Fed Chair Powell: - Inflation dynamics evolve over time, don't change overnight - Expect higher inflation but not a large, persistent move - Economy still has a great deal of slack - Fed has tools to deal with unwanted higher inflation when necessary #Fed $USD
  • BoE Gov. Bailey: - It would take significant news for us to change the pace of QE purchases. #BoE $GBP
FOREX Technical Analysis: USD/CHF Nearing Resistance above 9200

FOREX Technical Analysis: USD/CHF Nearing Resistance above 9200

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_usd-chf_body_usdchf.png, FOREX Technical Analysis: USD/CHF Nearing Resistance above 9200

Chart Prepared by Jamie Saettele, CMT

FOREXAnalysis: At this point, sideways trade in the USDCHF since 12/20 is viewed as nothing more than a correction, specifically a flat. Waves A and C of the flat are already equal and today’s high is in line with the 12/17 high at 9194. Former lows (10/17 and 12/3) are now potential resistance if reached at 9213/40 along with the 20 day average.

FOREXTrading Strategy: Looking to turn bearish either below 9135 or above 9200

LEVELS: 9105 9135 9160 9214 9241 9275

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

DISCLOSURES