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
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
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Bearish
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
More View more
Real Time News
  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here: https://t.co/IsnpfJhp91 https://t.co/nUZucoslhc
  • 🇳🇱 Unemployment Rate (MAY) Actual: 3.3% Previous: 3.4% https://www.dailyfx.com/economic-calendar#2021-06-17
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Gold are long at 80.95%, while traders in France 40 are at opposite extremes with 78.33%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/GlVeoFiw3x
  • Forex Update: As of 04:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.54% 🇦🇺AUD: 0.23% 🇬🇧GBP: 0.05% 🇨🇦CAD: 0.01% 🇯🇵JPY: 0.00% 🇪🇺EUR: -0.00% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/FYEpgj5pmU
  • Heads Up:🇳🇱 Unemployment Rate (MAY) due at 04:30 GMT (15min) Previous: 3.4% https://www.dailyfx.com/economic-calendar#2021-06-17
  • 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/pFtPrUj8i0
  • Indices Update: As of 04:00, these are your best and worst performers based on the London trading schedule: France 40: -0.22% Germany 30: -0.27% Wall Street: -0.32% US 500: -0.37% FTSE 100: -0.44% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/uNvnkxmWQi
  • AUD/USD IG Client Sentiment: Our data shows traders are now at their most net-long AUD/USD since Jun 04 when AUD/USD traded near 0.77. A contrarian view of crowd sentiment points to AUD/USD weakness. https://www.dailyfx.com/sentiment https://t.co/XvwQCrigtw
  • The Fed charged the Dollar more than it rocked risk assets - at least initially. Was there enough in this policy leader's shift to reverse course on deflating volatility and turnover? Loaded question, but I like ranges like $EURUSD more just in case. https://www.dailyfx.com/forex/video/daily_news_report/2021/06/17/Dollar-and-Dow-Mark-Massive-Breaks-But-Are-There-Trends-Post-FOMC.html https://t.co/OvKBn6Qz1C
  • Japanese candlesticks are a popular charting technique used by many traders, and the shooting star candle is no exception. Learn about the shooting star candlestick and how to trade it here: https://t.co/mfwJ0sZLTs https://t.co/tLJc1BUnTu
Gold Prices Could Fail at These Levels

Gold Prices Could Fail at These Levels

David Rodriguez, Head of Product
Gold Prices Could Fail at These Levels

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

GOLD Retail forex traders have consistently sold into Gold price gains, and we’ve recently called for further strength. Yet a hold below key resistance along with a tumble in volatility warns of a turn lower.

Trade Implications GOLD Gold continues to hold below key April highs near $1330 as retail crowds have sold. In most conditions we would favor buying if crowds are selling, but extremely low volatility suggests that the range-trading retail trader can do well in current markets. We favor the downside as long as Gold remains below $1330.

See next currency section: SPX500 - S&P 500 Shows few Signs of Slowing

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

Gold Prices Could Fail at These Levels

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

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

Facebook at http://www.Facebook.com/DRodriguezFX

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

DISCLOSURES