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
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
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
Gold
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
GBP/USD
Mixed
USD/JPY
Bullish
More View more
Real Time News
  • Russia tells OPEC+ meeting gradual release of supply needs to be very careful, step by step - source
  • RT @Amena__Bakr: BUT Russia is making a case for increasing supply - delegates #OOTT #opec
  • RT @Amena__Bakr: The ministers are considering rolling over April and May - sources #OOTT #opec
  • Saudi Arabia is considering extending voluntary oil cut of 1mbpd by one month in April - OPEC+ sources #OOTT
  • $EURUSD is currently trading back around the 1.2040 level today, which has been a key level of support over the past month. The pair headed lower yesterday after attempting to rebound back above the 1.2100 level. $EUR $USD https://t.co/ahaAb0htgK
  • it's strange to see $USDJPY like this. prolonged uptrend continuing to stretch despite overbought conditions. RSI overbought on daily, h4 and h1 charts but it's just kept going big test at 107.50 as another psych level comes back into the equation https://t.co/kXRUbx4VzO
  • Commodities Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.64% Gold: 0.05% Silver: -0.61% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/z20HglaOQd
  • tech out of favor of late, but $NAS coming up on a big decision point ~12.5 RSI not quite in oversold territory on Daily, but that hasn't happened here since last March (before the low was in place) $QQQ $NDX https://t.co/mujJRPmDta
  • 🇺🇸 Factory Orders MoM (JAN) Actual: 2.6% Expected: 2.1% Previous: 1.6% https://www.dailyfx.com/economic-calendar#2021-03-04
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.19%, while traders in Germany 30 are at opposite extremes with 69.19%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/bP6TfUZLbt
US Dollar Remains a buy vs GBP, Yen, Euro Reversal Risk Grows

US Dollar Remains a buy vs GBP, Yen, Euro Reversal Risk Grows

David Rodriguez, Head of Product

- US Dollar forecast to hit fresh highs versus Japanese Yen, British Pound

- Euro and Australian Dollar nonetheless show early signs of reversal

- See full analysis below in individual currency sections

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

View individual currency sections:

EURUSD - Euro Reversal Risk Grows as Forex Positions Moderate

GBPUSD - British Pound Forecast to Hit Fresh Lows

USDJPY - US Dollar Looks to Gain Further versus Japanese Yen

AUDUSD - Australian Dollar Shows Early Signs of Turnaround

NZDUSD - New Zealand Dollar Rally has a Fighting Chance

GBPJPY - Sterling Remains a Buy versus the Japanese Yen.

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar Remains a buy vs GBP, Yen, Euro Reversal Risk Grows

The US Dollar remains likely to hit fresh highs versus the Japanese Yen and British Pound, but why have reversal risks grown versus the Euro and Australian Dollar?

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.

US Dollar Remains a buy vs GBP, Yen, Euro Reversal Risk GrowsUS Dollar Remains a buy vs GBP, Yen, Euro Reversal Risk Grows

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