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. See our updated Privacy Policy here.

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
Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
Free Trading Guides
Subscribe
Please try again
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
News
US Dollar Rip, Dip, Rip Around CPI: EUR/USD, USD/CAD
2021-05-12 16:45:00
EUR/USD Rally Stalls Ahead of February High Even as ECB Slows PEPP
2021-05-12 14:00:00
Oil - US Crude
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
News
Oil Price Stuck in May Opening Range After Failing to Test March High
2021-05-13 14:00:00
Crude Oil Prices at Risk if US PPI Data Echoes the Consumer Inflation Beat
2021-05-13 06:00:00
Wall Street
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
News
Dow Jones Analysis: Stocks Rebound From Recent Losses as Disney Earnings Disappoint
2021-05-13 20:30:00
Why a Rise in Retail Trading May Signal Another Mania
2021-05-13 04:00:00
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
News
Gold Price Forecast: Progressing Towards Multi-Month Resistance - Levels for XAU/USD
2021-05-13 19:00:00
Is Gold a Good Inflation Hedge? - XAU/USD Rejected at Key Trendline, Focus on US PPI
2021-05-13 08:00:00
GBP/USD
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
News
Pound Technical Outlook: GBP/USD Testing Support, Trend
2021-05-13 12:30:00
GBP/USD Shrugs at UK GDP, May Drop on US CPI Data
2021-05-12 06:13:00
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
News
US Dollar Rockets Higher as Inflation Spikes to 4.2% in April
2021-05-12 13:15:00
Japanese Yen Technical Analysis: Broader Outlook Bearish, USD/JPY Eyes Key Trendline
2021-05-12 05:00:00
More View more
Real Time News
  • The S&P 500 has broken beneath an important trendline from March 2020 as losses mount. Get your S&P500 market update from @PeterHanksFX here:https://t.co/aAc3vrKr7M https://t.co/RwQajLrpJy
  • USD/CAD briefly traded up to 1.22 before retreating to its current level around 1.216 $USDCAD https://t.co/eNc4JmYfKI
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.36% 🇳🇿NZD: 0.36% 🇯🇵JPY: 0.22% 🇦🇺AUD: 0.03% 🇬🇧GBP: -0.03% 🇨🇦CAD: -0.22% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/BnPd5x9Xua
  • RT @BrendanFaganFx: Dow Jones Analysis: Stocks Rebound From Recent Losses as Disney Earnings Disappoint $DIS $ABNB $DASH Link: https://t.…
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Gold: 0.62% Silver: 0.17% Oil - US Crude: -0.08% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/vBHmVNt8z6
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 90.98%, while traders in GBP/JPY are at opposite extremes with 71.20%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/n58Eh53VNG
  • Seems everything eventually gets the hipster treatment. Seems at present, the appetite is for artisanal carbon neutral blockchains. Well, not artisanal.
  • Disney Q2 Earnings: Revs: $15.61B vs. $15.85B est. EPS: $0.79 vs. ($0.32) est. $DIS
  • Fed's Bullard: - US to move from "recovery to "expansion" by the end of June - Fiscal policy to help households performed way above original expectations
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.41% France 40: 0.33% FTSE 100: 0.27% Wall Street: -0.03% US 500: -0.04% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/8RrQPqFHBL
GBP/USD Classic Technical Report 07.04.2012

GBP/USD Classic Technical Report 07.04.2012

Ilya Spivak, Head Strategist, APAC

Prices put in a Dark Cloud Cover bearish candlestick pattern on a retest of rising trend line support-turned-resistance set from the June 1 low, hinting a move lower is ahead. Negative RSI divergence reinforces the case for a downside scenario. Initial support lines up at 1.5651, the 23.6% Fibonacci expansion, with a break below that exposing the 38.2% level at 1.5609. Trend line resistance is now at 1.5757.

GBPUSD_Classic_Technical_Report_07.04.2012_body_Picture_5.png, GBP/USD Classic Technical Report 07.04.2012

4hr 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, send a note with subject line "Distribution List" to ispivak@dailyfx.com

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

DISCLOSURES

Related Articles

Gold Price Forecast: Progressing Towards Multi-Month Resistance - Levels for XAU/USD
Gold Price Forecast: Progressing Towards Multi-Month Resistance - Levels for XAU/USD
2021-05-13 19:00:00
Australian Dollar Forecast: Aussie Bulls Halted– Range Break Imminent
Australian Dollar Forecast: Aussie Bulls Halted– Range Break Imminent
2021-05-13 17:30:00
Pound Technical Outlook: GBP/USD Testing Support, Trend
Pound Technical Outlook: GBP/USD Testing Support, Trend
2021-05-13 12:30:00
New Zealand Dollar Forecast: Just a Flesh Wound - Setups for NZD/JPY, NZD/USD
New Zealand Dollar Forecast: Just a Flesh Wound - Setups for NZD/JPY, NZD/USD
2021-05-12 18:45:00
Advertisement

Rates

GBP/USD
Mixed