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.

Free Trading Guides
EUR/USD
Bearish
GBP/USD
Mixed
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
Gold
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
Bitcoin
Bearish
More View more
Real Time News
  • #EURUSD pivot points (daily) – S3: 1.0775, S2: 1.0808, S1: 10819, R1: 1.0852, R2: 1.0873, R3: 1.0905 - https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • RT @hmeisler: The Utes are +8.7% YTD SPX +4.6% Naz +8.4% yes the Utes are beating them both.
  • Join analyst @DavidJSong at 5:30 PM ET/10:30 PM GMT for your weekly update on key news trading events. Register here: https://t.co/gBlrRpCc55 https://t.co/yEOdbWlLFA
  • MACD who? The Moving Average Convergence Divergence (MACD) is a technical indicator which simply measures the relationship of exponential moving averages (EMA). Find out how you can incorporate MACD into your trading strategy here: https://t.co/ZNs4Qi8ieG https://t.co/lDCjcKePjK
  • MACD who? The Moving Average Convergence Divergence (MACD) is a technical indicator which simply measures the relationship of exponential moving averages (EMA). Find out how you can incorporate MACD into your trading strategy here: https://t.co/MhBcdLNKLf https://t.co/qpqTG9cFEU
  • There's no question about it, trading brings about much emotion. Knowing how to control emotions while trading can prove to be the difference between success and failure. Learn more about managing emotion in trading here: https://t.co/NQ0g31X0hl https://t.co/GaQRwd32a0
  • Crude Oil Price Outlook Mired by Coronavirus, Global GDP Growth -via @DailyFX $CL_F $USO #OOTT https://www.dailyfx.com/forex/fundamental/forecast/weekly/title/2020/02/16/crude-oil-price-outlook-mired-by-coronavirus-global-gdp-growth.html
  • There's no question about it, trading brings about much emotion. Knowing how to control emotions while trading can prove to be the difference between success and failure. Learn more about managing emotion in trading here: https://t.co/FC7CHpk9vA https://t.co/4NlOy8PJdt
  • Myth or fact? One thing is for sure, there are a lot of misconceptions about trading. Knowing the difference between common trading myths and the reality is essential to long-term success. Find out about these 'myths' here: https://t.co/rkp0AGbB7Z https://t.co/wIvGfilDMz
  • RT @SenRickScott: This is the 2nd time the CCP has used one of their propaganda outlets to attack me, which means we’re doing something rig…
US Dollar / Japanese Yen 07-01

US Dollar / Japanese Yen 07-01

2010-07-01 14:47:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

DT 10-07-01_usdjpy

The USDJPY drop below 8810 satisfies minimum expectations. Price is testing 8735, which is potential support. To review, everything from the 2009 low appears to be corrective. The 3 wave rally from 8480 is surely corrective, so there is the possibility that the USDJPY continues lower from here and takes out 8480 (which would mean that what was thought to be a b wave triangle would actually be a series of 1st and 2nd waves).

 

Jamie Saettele publishes Daily Technicals every weekday morning, COT analysis (published Monday evenings), technical analysis of currency crosses on Wednesday and Friday (Euro and Yen crosses), and intraday trading strategy as market action dictates at the DailyFX Forum.  He is the author of Sentiment in the Forex Market.  Follow his intraday market commentary and trades at DailyFX Forex Stream.   Send requests to receive his reports via email to jsaettele@dailyfx.com

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

DISCLOSURES

News & Analysis at your fingertips.