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
Bearish
Oil - US Crude
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
Wall Street
Bearish
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
Bearish
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
Bullish
More View more
Real Time News
  • Forex Update: As of 15:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.29% 🇨🇦CAD: 0.29% 🇦🇺AUD: 0.21% 🇪🇺EUR: -0.26% 🇯🇵JPY: -0.53% 🇨🇭CHF: -0.56% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/dULwFuQVcF
  • OPEC+ is close to keeping output unchanged in April - Delegates #OOTT
  • Indices Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.09% US 500: 0.04% France 40: 0.04% FTSE 100: -0.13% Germany 30: -0.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/raVqHjfXWM
  • RT @Amena__Bakr: Saudi Arabia is proposing a rollover for April and May- delegates #OOTT #opec
  • BUZZ starts trading today. An ETF that invests in larger market cap companies with the strongest positive sentiment in social media. That's where we are now
  • Tech stocks suffer further declines as bond yields pick up momentum again. FTSE 100 continues to revert to its mean, bias tilts upward. Get your #FTSE market update from @HathornSabin here:https://t.co/IsU8RCkXFn https://t.co/BXAJEXrFTn
  • RT @Amena__Bakr: No clarity on the 1m saudi voluntary cut yet #OOTT #opec
  • Russia tells OPEC+ meeting gradual release of supply needs to be very careful, step by step - source
  • RT @Amena__Bakr: BUT Russia is making a case for increasing supply - delegates #OOTT #opec
  • RT @Amena__Bakr: The ministers are considering rolling over April and May - sources #OOTT #opec
Forex Analysis: EURGBP Classic Technical Report 10.31.2012

Forex Analysis: EURGBP Classic Technical Report 10.31.2012

Ilya Spivak, Head Strategist, APAC

Prices are edging higher from support at a rising trend line set from late July (0.8026), a barrier reinforced by the 38.2%Fibonacci retracement at 0.8006. Resistance lines up at 0.8066, the 23.6% Fib. A break above that aims for 0.8095 and 0.8164. Alternatively, a reversal below support exposes the 0.7950-57 area marked by the May 16 low and the 50% retracement.

Forex_Analysis_EURGBP_Classic_Technical_Report_10.31.2012_body_Picture_5.png, Forex Analysis: EURGBP Classic Technical Report 10.31.2012

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

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

DISCLOSURES