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
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
GBP/USD
Bullish
USD/JPY
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
Bullish
Oil - US Crude
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
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 96.48%, while traders in USD/CAD are at opposite extremes with 83.81%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/M2mRQ3aQtT
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Silver: 0.33% Oil - US Crude: -0.01% Gold: -0.13% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/gPYjSE9yTT
  • RT @johnauthers: Yikes. Exclude the big 5 (Microsoft, Apple, Alphabet, Amazon and Google) and U.S. earnings were down 7.5% in the 4th quart…
  • RT @economics: China is considering making some purchases of U.S. agricultural goods by early March as a way to show it’s still committed t…
  • RT @YuanTalks: #China's passenger trips fell to 12.37 million on Feb. 16, 80.6% down from a year earlier, said the Ministry of Transport.…
  • RT @LiveSquawk: Coronavirus: China Urged To Delay Purchase Elements Of US Trade Deal As Outbreak Rocks Economy https://t.co/mDnhI2kKC0
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: US 500: 0.20% Germany 30: 0.18% Wall Street: 0.17% France 40: 0.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/N3N6LrdxPi
  • RT @ftchina: China limits uncensored internet to control coronavirus coverage https://t.co/EI0UDAnfpj
  • RT @CNBC: Coronavirus could impact 5 million companies worldwide, new research shows https://t.co/dG5l0i8KsN
  • Contrary to standard belief, greed and profits are often inversely correlated in trading. Remaining disciplined is key to a successful trading strategy. Learn how to control greed when trading here: https://t.co/5GXReUsKRj https://t.co/nNzoU8S8jF
US Dollar Index Classical Technical Report 09.27

US Dollar Index Classical Technical Report 09.27

2011-09-27 05:19:00
Joel Kruger, Technical Strategist
Share:
US_Dollar_Index_Classical_body_dxy.png, US Dollar Index Classical Technical Report 09.27

US DOLLAR INDEX: The market remains very well supported on dips and is showing some clear signs of a material base. Key multi-week range resistance has been broken by 9,750 and this solidifies the prospects for a major bottom and should now open the door for fresh upside towards the 10,500 area over the medium-term. In the interim, any inter-day pullbacks should now be well supported by previous resistance turned support in the 9,700 area.

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.