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.

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
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
Bullish
Wall Street
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
Gold
Bullish
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Thai Debt Chief Rules Out Additional Stimulus Borrowing For Now - BBG
  • The #HSI Hang Seng Index tumbled 2.5% as profit-taking kicked in among tech stocks: - Tencent (-5.94%) - Alibaba (-1.86%) - Meituan (-6.35%) - Xiaomi (-1.64%)
  • Will the Swiss Franc find reprieve after recent losses against the Canadian and New Zealand Dollars as NZD/CHF and CAD/CHF uptrends face key chart barriers? Find out from @FxWestwater here:https://t.co/c89gcaNhTt https://t.co/egDQcTpU87
  • Commodities Update: As of 03:00, these are your best and worst performers based on the London trading schedule: Gold: 0.24% Silver: 0.19% Oil - US Crude: -0.55% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/iLfFHRMJGq
  • Bank of Indonesia intervening directly in FX spot interbank market to support IDR -BBG
  • Forex Update: As of 03:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.03% 🇪🇺EUR: 0.02% 🇨🇭CHF: -0.00% 🇬🇧GBP: -0.07% 🇳🇿NZD: -0.09% 🇦🇺AUD: -0.11% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/JRdA6G6ikz
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in US 500 are at opposite extremes with 68.59%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/AHVeNuAHjD
  • New Zealand's Prime Minister Jacinda Ardern: Reiterates mass immunization may start mid year -BBG
  • The formation of several bullish technical patterns suggests that the haven-associated Japanese Yen is at risk of further losses against the Euro and Australian Dollar. Get your market update from @DanielGMoss here:https://t.co/qxQwHgD9Ey https://t.co/y9RMTG9pYe
  • Wall Street Futures Update: Dow Jones (-0.236%) S&P 500 (-0.221%) Nasdaq 100 (-0.210%) [delayed] -BBG
Forex Analysis: US Dollar Classic Technical Report 12.06.2012

Forex Analysis: US Dollar Classic Technical Report 12.06.2012

Ilya Spivak, Head Strategist, APAC

Prices broke through support at the bottom of a rising channel set from mid-September, exposing the 23.6% Fibonacci expansion at 9933. A sustained push below that targets the 38.2% level at 9849. Channel bottom support-turned-resistance is now at 9978.

Forex_Analysis_US_Dollar_Classic_Technical_Report_12.06.2012_body_Picture_1.png, Forex Analysis: US Dollar Classic Technical Report 12.06.2012

Daily 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, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

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

DISCLOSURES