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 Français 中文（繁體） 中文（简体）
Free Trading Guides
Subscribe
Please try again
EUR/USD
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
Euro Forecast: Limited EUR/USD Bounce Could Follow German Election Results
2021-09-26 01:00:00
S&P 500 and Dollar Have Different Views for Last Week of September
2021-09-25 02:00:00
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
News
Crude Oil May Rise as Covid Case Growth Slows. WTI Eyes OPEC Outlook, Evergrande
2021-09-26 07:00:00
Crude Oil Technical Outlook: Short-term Bias Still Bullish, Big Level Ahead
2021-09-23 12:30:00
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
Markets Week Ahead: Dow Jones, USD/JPY, BTC/USD, China Crypto Crackdown, Evergrande
2021-09-26 16:00:00
Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since Sep 14, 2021 12:00 GMT when Wall Street traded near 34,602.40.
2021-09-23 15:25:00
Gold
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
Markets Week Ahead: Dow Jones, USD/JPY, BTC/USD, China Crypto Crackdown, Evergrande
2021-09-26 16:00:00
Gold Fundamental Forecast: XAU Eyes PCE After US Dollar, Treasury Yields Weigh on Price
2021-09-25 18:00:00
GBP/USD
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
Sterling Forecast: GBP/USD Breakout Imminent as Cable Contracts
2021-09-25 21:00:00
GBP/USD Flattens After BOE-Induced Rally
2021-09-24 08:00:00
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
Markets Week Ahead: Dow Jones, USD/JPY, BTC/USD, China Crypto Crackdown, Evergrande
2021-09-26 16:00:00
S&P 500 and Dollar Have Different Views for Last Week of September
2021-09-25 02:00:00
More View more
Real Time News
  • *Reminder: Weekly Strategy Webinar tomorrow morning at 8:30am ET on DailyFX! https://t.co/lxd5fZ5LG7
  • (Weekly Fundy) Crude Oil May Rise as Covid Case Growth Slows. WTI Eyes OPEC Outlook, Evergrande #CrudeOil #WTI #OPEC #Evergrande https://www.dailyfx.com/forex/fundamental/forecast/weekly/title/2021/09/26/Crude-Oil-May-Rise-as-Covid-Case-Growth-Slows-WTI-Eyes-OPEC-Outlook-Evergrande.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/76e2aGf3p0
  • Recessions can devastate the economy and disrupt the fortunes of individuals, businesses, and investors. But economic decline in the business cycle is inevitable, and your trading can be defined by how you respond to crisis. learn how to prepare here: https://t.co/e4Cnoc1dk0 https://t.co/NhsMS1EY4b
  • We are heading into the final trading days for the month of September and event risk thins out amid the $SPX's rebound. This is what history says for the 39th week of the year and here is my take on the variable factors: https://www.dailyfx.com/forex/video/daily_news_report/2021/09/25/SP-500-and-Dollar-Have-Different-Views-for-Last-Week-of-September.html https://t.co/4OBVmrvI7I
  • Further your forex knowledge and gain insights from our expert analysts on AUD with our free guide, available today: https://www.dailyfx.com/free-trading-guides?ref-author=social#forecastschoices=AUD?QPID=30472&CHID=9 https://t.co/LHJi7CNFmM
  • $EURUSD https://t.co/KZyXX6p2oI
  • The ISM manufacturing index plays an important role in forex trading, with ISM data influencing currency prices globally. Find out about the recent history of ISM data, how to track it, and how to trade its release here: https://t.co/MZtBh8pYG3 https://t.co/1zNf5dpDjU
  • The continuity seen across these volatility cycles is a good thing. Historical precedence offer a blueprint for identifying conditions supportive for a vol-event to occur, and how they may unfold. Deepen your knowledge of historical volatility here: https://t.co/vg7w10la3j https://t.co/z8z6BNudn5
  • #PELOSI SAYS WE ARE GOING TO PASS THE INFRASTRUCTURE BILL THIS WEEK PELOSI SAYS SHE WILL NEVER BRING TO THE HOUSE FLOOR A BILL THAT DOESN'T HAVE THE VOTES TO PASS $USD $SPX $XAUUSD
  • Short-term uncertainties to keep the pressure on equity markets. Get your weekly equities forecast from @JMcQueenFX here: https://t.co/JLMDPZKvN8 https://t.co/YbdJnwoqj1
US Dollar Technical Analysis: Six-Month High to Mark a Top?

US Dollar Technical Analysis: Six-Month High to Mark a Top?

Ilya Spivak, Head Strategist, APAC

To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points:

The Dow Jones FXCM US Dollar Indexmay be carving out a near-term top after forming a bearish Evening Star candlestick pattern. A daily close below the 14.6% Fibonacci retracementat 10618 exposes the 23.6% level at 10591. Alternatively, a reversal above the 14.6% Fib expansion at 10657 opens the door for a challenge of the 23.6% threshold at 10683.

Our long-term US Dollar outlook calls for a broadly stronger US Dollar against its major currency counterparts. With that in mind, we are holding long via theMirror Trader US Dollar currency basket.

US Dollar Technical Analysis: Six-Month High to Mark a Top?

Daily Chart - Created Using FXCM Marketscope 2.0

** The Dow Jones FXCM US Dollar Index and the Mirror Trader USD basket are not the same product.

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

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

DISCLOSURES

Related Articles

USD/CAD Technical Outlook: Levels, Lines, and Scenarios to Consider
USD/CAD Technical Outlook: Levels, Lines, and Scenarios to Consider
2021-09-24 12:30:00
New Zealand Dollar Forecast: Bull Moves Back on Track? - Setups for NZD/JPY, NZD/USD
New Zealand Dollar Forecast: Bull Moves Back on Track? - Setups for NZD/JPY, NZD/USD
2021-09-23 22:45:00
Gold Price Forecast: Pointing Lower After September Fed Meeting - Levels for XAU/USD
Gold Price Forecast: Pointing Lower After September Fed Meeting - Levels for XAU/USD
2021-09-23 19:30:00
Bitcoin Outlook: BTC/USD Bounce From 40K, Fake-out or Shake-out?
Bitcoin Outlook: BTC/USD Bounce From 40K, Fake-out or Shake-out?
2021-09-23 15:00:00
Advertisement

Rates

USDOLLAR