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.

Free Trading Guides
EUR/USD
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
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
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
Gold
Bearish
Oil - US Crude
Bearish
Bitcoin
Mixed
More View more
Real Time News
  • $GBPUSD is catching some serious traction. I haven't been paying attention, but these polls are having an effect. Cable now at mid-point of past two-year range and 5-year trendline resistance https://t.co/ZtVQDuaPtA
  • OPEC+ agreement is for cut of 500k bpd according to delegate -BBG
  • #EURGBP has plummeted to a 19-month low while #GBPCAD and #GBPUSD are re-testing critical resistance channels. #GBPAUD has reached a three-year high but will upside momentum last? https://www.dailyfx.com/forex/technical/article/special_report/2019/12/05/British-Pound-Technical-Analysis-EURGBP-GBPUSD-GBPCAD-GBPAUD.html
  • Saudi Oil Minister says decision will be given tomorrow #OOTT #OPEC
  • $EURUSD Daily Pivot Points: S3: 1.0883 S2: 1.097 S1: 1.1025 R1: 1.1112 R2: 1.1145 R3: 1.1232 https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • Brace yourselves for a volatile week ahead - (key highlights) Dec 11 - FOMC🇺🇸, BCB🇧🇷 rate decisions Dec 12 - #UkElection 🇬🇧 - ECB🇪🇺, SNB🇨🇭 rate decisions - US CPI - OPEC🛢️report - Aramco starts trading on exchange Dec 13 - Bank of Russia🇷🇺 rate decision - US retail sales 🛒
  • Event risks for tomorrow includes $CAD Net Change in Employment, USD Change in Non-farm Payrolls and USD U. of Mich Consumer Sentiment https://www.dailyfx.com/calendar?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr https://t.co/xtPdEsf1wl
  • What is market volatility and what does a market event volatility look like? Find out from @PaulRobinsonFX here: https://t.co/vg7w10la3j https://t.co/MHcvB69Zgp
  • FX Spot Update: $EUR 1.1105 $JPY 108.79 $GBP 1.3162 $CHF 0.9875 $CAD 1.3175
  • US Equity Index Update (Thursday Close): $DJI +0.10% $SPX +0.17% $NDX +0.14% $RTY -0.05% $VIX -1.76%
US Dollar and GBP Likely to Fall Even Further Until this Changes

US Dollar and GBP Likely to Fall Even Further Until this Changes

2016-02-25 16:40:00
David Rodriguez, Head of Business Development
Share:

EURUSD - Euro Likely to Stick to Range, but Watch for Major Break Higher

GBPUSD - British Pound Forecast Calls for Continued Weakness

USDCAD - Canadian Dollar Unlikely to Trade Significantly Higher

XAUUSD - Gold Price Forecast Remains Bullish until this Changes

DAX - German DAX Likely to Fall to Fresh Lows

S&P - S&P 500 Remains a Buy

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

Weekly Summary of Forex Trader Sentiment and Changes in Positioning

US Dollar and GBP Likely to Fall Even Further Until this Changes

Forex trading crowds continue buying into British Pound and US Dollar weakness. Here’s why we think the GBP and USD will likely fall further against the Euro and Gold.

Why and how do we use the SSI in trading? View our video and download the free indicator here

US Dollar and GBP Likely to Fall Even Further Until this Changes

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

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.