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
  • US Dollar Price Analysis: USD Snaps Back, Will Buyers Bid Support? https://www.dailyfx.com/forex/fundamental/article/drivers_of_price_action/2020/02/27/US-Dollar-Price-Analysis-USD-Snaps-Back-Will-Buyers-Bid-Support-JS.html $USD https://t.co/f5eGGnH23P
  • Tune in to @PeterHanksFX 's #webinar at 11:00 AM ET/4:00 PM GMT to learn how to identify trends with trader #sentiment. Register here: https://t.co/MqVMi2INbJ https://t.co/ABeHjpwszw
  • 🇺🇸 USD Pending Home Sales (YoY) (JAN), Actual: 6.7% Expected: 2.1% Previous: 6.8% https://www.dailyfx.com/economic-calendar#2020-02-27
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.93%, while traders in USD/CAD are at opposite extremes with 67.08%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/hLfhItcNTG
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Gold: 0.95% Silver: 0.57% Oil - US Crude: -4.95% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/8tSEvwOXf7
  • Heads Up:🇺🇸 USD Pending Home Sales (YoY) (JAN) due at 15:00 GMT (15min), Actual: N/A Expected: N/A Previous: 6.8% https://www.dailyfx.com/economic-calendar#2020-02-27
  • $SPX gaps lower on the US session open, now over 10% off of highs https://t.co/njDc20ZY9x
  • $EURUSD: When sellers went on the attack in early-February, support could hold no longer, and bears punched through that zone as if it didn’t exist on the way down to fresh two-year-lows. Get your EUR/USD technical analysis from @JStanleyFX here: https://t.co/PCuM2tKVop https://t.co/WmImeDvH0A
  • Today, I was hosted by @skynewsarabia to discuss #Coronavirus repercussions on global economy and Financial markets. #Gold, #USD, #StockMarket , #10yearsyield More details in the link below: https://t.co/IHrMADPJhK https://t.co/UeNIGnGveb
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Wall Street: -1.81% US 500: -1.96% Germany 30: -3.50% France 40: -3.75% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/vXmS9iTBem
US Dollar Index Classical Technical Report 12.19

US Dollar Index Classical Technical Report 12.19

2011-12-19 07:02:00
Joel Kruger, Technical Strategist
Share:
Daily_Classical_DXY_body_dxy.png, US Dollar Index Classical Technical Report 12.19

US DOLLAR INDEX: The market is expected to remain very well supported on dips after showing some clear signs of a material base in the previous month. Key previous multi-week range resistance turned support was successfully defended in the 9,800 area, and from here, we look for a fresh medium-term higher low ahead of the next major upside extension back through 10,135. Ultimately, only a close back below 9,800 would give reason for concern, while intraday setbacks should find fresh bids towards 9,900. Above 10,135 opens fresh upside towards our next key objective at 10,250.

--- Written by Joel Kruger, Technical Currency Strategist

To contact Joel Kruger, email jskruger@dailyfx.com. Follow me on Twitter @JoelKruger

To be added to Joel Kruger’s distribution list, send an email with subject line “Distribution List” to jskruger@dailyfx.com

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

DISCLOSURES

News & Analysis at your fingertips.