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
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
Mixed
Wall Street
Mixed
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
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • EUR France Final March Manufacturing PMI Actual: 43.2 Prelim: 42.9
  • EUR Italy March Manufacturing PMI Actual: 40.3 Forecast: 41.0 Previous: 48.7
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 95.68%, while traders in US 500 are at opposite extremes with 69.30%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/HdeJ9Ui7uS
  • 🇨🇭 CHF PMI Manufacturing (MAR), Actual: 43.7 Expected: 42.2 Previous: 49.5 https://www.dailyfx.com/economic-calendar#2020-04-01
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Gold: 1.13% Silver: 0.27% Oil - US Crude: -0.82% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/s2nDZlZiUv
  • FTSE 350 Banks hammered lower again after dividend cuts... chart via @IGcom https://t.co/nRUaW6cu4L
  • GBP/JPY IG Client Sentiment: Our data shows traders are now net-short GBP/JPY for the first time since Mar 17, 2020 when GBP/JPY traded near 130.12. A contrarian view of crowd sentiment points to GBP/JPY strength. https://www.dailyfx.com/sentiment https://t.co/NbcnA9uEAQ
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: -0.06% 🇨🇭CHF: -0.23% 🇪🇺EUR: -0.44% 🇳🇿NZD: -0.81% 🇨🇦CAD: -0.85% 🇦🇺AUD: -0.90% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/Wu0138vYZ6
  • Heads Up:🇨🇭 CHF PMI Manufacturing (MAR) due at 07:30 GMT (15min), Actual: N/A Expected: 42.2 Previous: 49.5 https://www.dailyfx.com/economic-calendar#2020-04-01
  • The $SGD is driven by the Monetary Authority of Singapore, which manages exchange rate instead of short-term interest rates. Learn more on the SGD and how to trade it. Get your SGD market update from @ddubrovskyFX here:https://t.co/eWLM9XZs5Y https://t.co/pv84Pb24RZ
USDJPY Breaking Down and Threatens June Low

USDJPY Breaking Down and Threatens June Low

2012-09-11 23:58:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily Bars

eliottWaves_usdjpy_body_usdjpy.png, USDJPY Breaking Down and Threatens June Low

Prepared by Jamie Saettele, CMT

No change: “Viewed in the context of 3 wave rallies at multiple degrees of trend, yesterday’s USDJPY reversal at 7960 should be respected. 7960, as highlighted throughout last week, is defined by the 61.8% retracement of the decline from 8061 and the 161.8% extension of the 7790-7879 advance. I’m looking lower.” Risk on shorts can now be moved down to last week’s high. A drop to a record low remains favored.

LEVELS: 7677 7735 7765 7800 7835 7885

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

DISCLOSURES

News & Analysis at your fingertips.