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
EUR/USD
Bullish
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
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
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
Mixed
USD/JPY
Bullish
More View more
Real Time News
  • The bullish engulfing candle is one of the forex market's most clear-cut price action signals for reversals and continuation. Learn more about this price action trading signal here:https://t.co/oiqExViqWI https://t.co/7mK2JbHr6m
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 2.10% France 40: 1.95% Germany 30: 1.85% Wall Street: 1.73% US 500: 1.44% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/sNhvTyJIGY
  • Last week, Gold rallied to an over seven and a half-year high then retreated after. Will today’s US non-Manufacturing ISM numbers (15:00UK) push the yellow metal even higher? #Gold, #USeconomy, #USD https://t.co/MnX3ozkrUu
  • Tune in to @nickcawley1 's #webinar at 6:30 AM ET/10:30 AM GMT to prepare for key UK events and markets in the week ahead. Register here: https://t.co/xewSeUoDaT https://t.co/WBZiTNxKIY
  • 💶 Retail Sales YoY (MAY) Actual: -5.1% Expected: -7.5% Previous: -19.6% https://www.dailyfx.com/economic-calendar#2020-07-06
  • Heads Up:💶 Retail Sales YoY (MAY) due at 09:00 GMT (15min) Expected: -7.5% Previous: -19.6% https://www.dailyfx.com/economic-calendar#2020-07-06
  • 🇬🇧 Construction PMI (JUN) Actual: 55.3 Expected: 47 Previous: 28.9 https://www.dailyfx.com/economic-calendar#2020-07-06
  • Missed today's Cross-Market Weekly Outlook webinar? See the recording here - https://t.co/lnB12vU3A4 #markets #outlook #Fed
  • BoJ likely to keep maintain stance that economy will recover gradually later this year from COVID-19
  • Heads Up:🇬🇧 Construction PMI (JUN) due at 08:30 GMT (15min) Expected: 47 Previous: 28.9 https://www.dailyfx.com/economic-calendar#2020-07-06
Watching these Attractive Trade Setups in Dollar, Yen, Euro, and Gold

Watching these Attractive Trade Setups in Dollar, Yen, Euro, and Gold

2014-07-10 15:20:00
David Rodriguez, Head of Product
Share:

- Extreme positioning in the Dollar versus the Yen points to bounce

- Euro and Gold remain attractive buys versus the Dollar

- Low forex volatility keeps us focused on major support/resistance levels

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

View individual currency sections:

EURUSD - Euro is an Attractive Buy at these Levels

GBPUSD - British Pound Rally not Done Just Yet

USDJPY - Dollar Looks like a Buy versus the Japanese Yen

AUDUSD - Australian Dollar Likely Set Important Price Top

GOLD - Gold Prices Target Yearly Highs Near $1390

EURJPY - Euro Breakdown versus Yen Warns Against Complacency

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

Watching these Attractive Trade Setups in Dollar, Yen, Euro, and Gold

The Dollar looks like an attractive buy versus the Japanese Yen for these key reasons, but we’re watching for further Euro and Gold price gains at these levels.

See specific US Dollar forecasts in the sections above, and sign up for future e-mail updates via this author’s e-mail distribution list.

Watching these Attractive Trade Setups in Dollar, Yen, Euro, and GoldWatching these Attractive Trade Setups in Dollar, Yen, Euro, and Gold

Automate our SSI-based trading strategies via Mirror Trader free of charge

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at http://www.twitter.com/DRodriguezFX

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

DISCLOSURES

News & Analysis at your fingertips.