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
GBP/USD
Mixed
USD/JPY
Bearish
Gold
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
Oil - US Crude
Bearish
Bitcoin
Bearish
More View more
Real Time News
  • Brainard: -Seeing inflation moving up, hopefully a bit above 2% $TNX $XAU $USD $ES_F
  • Fed's Brainard: -Seeing growth moderation in second half of the year, but the US consumer remains resilient -Consumer continues to feel good about the job market -We have seen a bit of slowing, which I would expect $DXY
  • Fed's Brainard: -More tariffs in December would be negative for the economy -Trade uncertainty has weighed on economy for past year -FOMC has taken out insurance against trade conflict risk -Trade conflict has worsened China challenges $USD $SPX $TNX $XAU
  • Commodities Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.92% Gold: -0.06% Silver: -0.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/JWg2Nw5eT2
  • Heads Up:🇺🇸 USD DOE U.S. Crude Oil Inventories (NOV 15) due at 15:30 GMT (15min), Actual: N/A Expected: 1149k Previous: 2219k https://www.dailyfx.com/economic-calendar#2019-11-20
  • Tune in to @PeterHanksFX 's #webinar at 11:00 PM ET/4:00 PM GMT as he discusses the weekly stock market outlook. Register here: https://t.co/Rwbt9avERj $SPX #Dow https://t.co/HglE2yqqUy
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 98.09%, while traders in US 500 are at opposite extremes with 79.44%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/JKzD1Vo6yG
  • Great synopsis of the market compared to the January 2018 and September 2018 peaks by @LJKawa via @markets What Markets Looked Like Just Ahead of Last Two Stock Downturns https://t.co/U18A1uAcLh
  • #Gold: The longer-term bullish trend remains in-tact, however, as that early-November sell-off found support at the 38.2% Fibonacci retracement of the summer breakout.Get your $XAUUSD technical analysis from @JStanleyFX here: https://t.co/21sWdbHbEC $gld https://t.co/EyovKNE1k8
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.68% Gold: -0.13% Silver: -0.28% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/yHvcXHYVJi
EUR/USD Classical 03.09

EUR/USD Classical 03.09

2011-03-09 06:34:00
Joel Kruger, Technical Strategist
Share:
EURUSD_Classical_body_eur.png, EUR/USD Classical 03.09

EUR/USD:The market has since stalled out after breaking above 1.4000 and the latest topside failure should not be taken lightly, with the price stalling around some key resistance at the 78.6% fib retrace off of the major November-January high-low move and by the psychological round number barrier. Tuesday’s bearish close helps to reaffirm topping prospects and from here, deeper setbacks are seen towards 1.3700 over the coming sessions. Any intraday rallies should be well capped below 1.4000.

Written by Joel Kruger, Technical Currency Strategist for DailyFX.com

If you wish to receive Joel's reports in a more timely fashion, e-mail jskruger@dailyfx.com and you will be added to the "distribution" list.

If you wish to discuss this topic or any other feel free to visit our Forum page

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

DISCLOSURES

News & Analysis at your fingertips.