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
Free Trading Guides
Subscribe
Please try again
EUR/USD
Bearish
Oil - US Crude
Bullish
Wall Street
Mixed
Gold
Mixed
GBP/USD
Bearish
USD/JPY
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
More View more
Real Time News
  • Heads Up:🇬🇧 BoE Gov Bailey Speech due at 13:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-06-14
  • Persistent selling in gold today, despite USD and US yields more or less flat on the session - With gold below the early June low (1855), eyes on the 200DMA at 1838 https://t.co/UoyAbgBRy5
  • IG Client Sentiment Update: Our data shows the vast majority of traders in EUR/CHF are long at 76.13%, while traders in France 40 are at opposite extremes with 76.54%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/8KeppzkFJh
  • LIVE NOW: Join Technical Strategist @MBForex for his Weekly Strategy Webinar to review the setups we're tracking into the weekly open! - https://t.co/UvJm5d12hj
  • Forex Update: As of 12:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.19% 🇦🇺AUD: 0.16% 🇪🇺EUR: 0.03% 🇯🇵JPY: -0.08% 🇬🇧GBP: -0.09% 🇨🇭CHF: -0.13% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/8HYDACmPAv
  • Weekly Strategy Webinar starting in 15mins on DailyFX! https://t.co/NMxMepfek7
  • 🇮🇳 Inflation Rate YoY (MAY) Actual: 6.3% Expected: 5.3% Previous: 4.23% https://www.dailyfx.com/economic-calendar#2021-06-14
  • 🇮🇳 Inflation Rate YoY (MAY) Actual: 6.3% Expected: 5.3% Previous: 4.29% https://www.dailyfx.com/economic-calendar#2021-06-14
  • Heads Up:🇮🇳 Inflation Rate YoY (MAY) due at 12:00 GMT (15min) Expected: 5.3% Previous: 4.29% https://www.dailyfx.com/economic-calendar#2021-06-14
  • Please join @MBForex at 8:30 EST/12:30 GMT for your weekly scalping webinar. Register here: https://t.co/fnmiAygMWK https://t.co/Sx8njhk10O
US Dollar Technical Analysis: Prices Drop Most in 3 Months

US Dollar Technical Analysis: Prices Drop Most in 3 Months

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 Indexsnapped a six-day advance with the largest daily decline in three months. A daily close below the 76.4% Fibonacci expansion at 10844 exposes the 61.8% level at 10800. Alternatively, a push above the 10898-914 area marked by the September 16 high and the 100% Fib at clears the way for a test of the 123.6% expansion at 10984.

We remain broadly bullish on the US Dollar against its leading counterparts in line with ourlong-term fundamental outlook. As such, we remain long via theMirror Trader US Dollar currency basket.

US Dollar Technical Analysis: Prices Drop Most in 3 Months

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