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 Download
EUR/USD
Bullish
GBP/USD
Mixed
USD/JPY
Bearish
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
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
Bitcoin
Bearish
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.07%, while traders in USD/CAD are at opposite extremes with 68.92%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/1ZBu6ad3CP
  • spoooz 90 handles off the lows... think this report his helping out https://t.co/CjF9SBeoN8 https://t.co/DPFlJGydyv
  • The #Dow Jones is sitting on the 200-day and June 2019 slope, a break through there might not extend to this point, but the next level of price support is near the 25,700/300-area.Get your #equities technical analysis from @PaulRobinsonFX here: https://t.co/VeB7yZTFAE https://t.co/JbwyWK7ngZ
  • Commodities Update: As of 17:00, these are your best and worst performers based on the London trading schedule: Gold: 0.20% Silver: -0.97% Oil - US Crude: -2.79% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/aDLxbVyb1U
  • Italy Emergency Chief says 650 coronavirus cases in country - BBG
  • EUR/GBP IG Client Sentiment: Our data shows traders are now net-short EUR/GBP for the first time since Jan 16, 2020 when EUR/GBP traded near 0.85. A contrarian view of crowd sentiment points to EUR/GBP strength. https://www.dailyfx.com/sentiment https://t.co/orrY4R6X02
  • attempt at a bounce in $SPX https://t.co/FpcaSPMcl5
  • The $SPX is green...if you ignore the -1.7% opening gap (open to close). If you include that (close to close), we still have a ways to climb
  • Fed's Evans: - Closely monitoring virus situation - BBG
  • Forex Update: As of 17:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.78% 🇦🇺AUD: 0.53% 🇨🇭CHF: 0.43% 🇯🇵JPY: 0.12% 🇨🇦CAD: -0.22% 🇬🇧GBP: -0.24% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/tBEYMJOIFG
GBP/USD Classical Technical Report 09.13

GBP/USD Classical Technical Report 09.13

2011-09-13 05:52:00
Joel Krguer,
Share:
GBPUSD_Classical_body_gbp2.png, GBP/USD Classical Technical Report 09.13

GBP/USD: Overall price action seems to suggest that this market could once again be looking to roll over in favor of some fresh medium-term declines. Any gains in recent months have proven to be very well capped above 1.6500, and this latest break back below 1.6000 opens the door for a pick-up in bearish momentum. Next key support by 1.5780 has just been broken and a daily close below the level will confirm bias and accelerate declines for a retest of 1.5345 further down. Any interday rallies are expected to be well capped below 1.6100, while ultimately, only back above 1.6500 would give reason for concern.

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.