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
Bearish
Gold
Mixed
GBP/USD
Bearish
USD/JPY
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 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.69% Gold: -1.54% Silver: -2.17% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/tb0rhPEn0F
  • Heads Up:🇵🇱 Interest Rate Decision (MAR) due at 15:00 GMT (15min) Actual: 0.1% Expected: 0.1% Previous: 0.1% https://www.dailyfx.com/economic-calendar#2021-03-03
  • Last week's gold report...' $1,743/oz. may prove temporary support ahead of $1,700/oz big figure support and ahead of the 61.8% Fibonacci retracement at $1,689.7/oz.' #gold https://www.dailyfx.com/forex/market_alert/2021/02/26/Gold-Price-XAUUSD-Outlook-Treading-on-Thin-Ice-as-US-Treasury-Yields-Heat-Up.html
  • The February rally in $WTI Crude Oil has struggled to continue in March. After rising from 52.00 at the beginning of February to a high above 63.00, WTI has edged back downwards. The commodity has recently consolidated between the 59.00 and 61.00 levels. $OIL $USO https://t.co/NzJZIvgkQn
  • Heads Up:🇺🇸 Fed Harker Speech due at 15:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-03-03
  • Heads Up:🇺🇸 ISM Non-Manufacturing PMI (FEB) due at 15:00 GMT (15min) Expected: 58.7 Previous: 58.7 https://www.dailyfx.com/economic-calendar#2021-03-03
  • Heads Up:🇵🇱 Interest Rate Decision (MAR) due at 15:00 GMT (15min) Expected: 0.1% Previous: 0.1% https://www.dailyfx.com/economic-calendar#2021-03-03
  • Heads Up:💶 ECB Guindos Speech due at 15:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-03-03
  • Gilt yields on the rise as DMO issuance in 2021/2 jumps to GBP296 billion, busting estimates of GBP250 billion #gilts #DMO https://t.co/D6i9U4mU5c
  • $Gold back at the lows, breaching below the 38.2 of the 18-20 major move. This thing hasn't been able to hold a bid at all of late, looks like a lot of those flows going over to $btc or other related cryptos next support from that structure around 1618 https://t.co/b0pin7SPS3 https://t.co/TL5elY25Qk
FOREX Technical Analysis: USD/CHF Trendline above 9300 on Friday

FOREX Technical Analysis: USD/CHF Trendline above 9300 on Friday

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

FOREX_Technical_Analysis_USDCHF_Trendline_above_9300_on_Friday_body_usdchf.png, FOREX Technical Analysis: USD/CHF Trendline above 9300 on Friday

Chart Prepared by Jamie Saettele, CMT

FOREXAnalysis: USDCHF strength to begin the year is intense to say the least. Still, expect a reaction slightly above 9300, which was support before the latest breakdown and is reinforced by trendline resistance tomorrow. Bigger picture, the USDCHF will form a weekly JS Thrust (assuming that this week’s rally isn’t completely retraced tomorrow) just 3 weeks after a weekly JS Thrust to the downside. The implications are similar to that of a traditional island reversal. In other words, an important low may be forming.

FOREXTrading Strategy: Looking to turn bearish above 9300 even if for just a partial retracement of the advance from 9083.

LEVELS: 9180 9210 9240 9314 9382 9422

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

DISCLOSURES