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
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
Oil - US Crude
Bearish
Wall Street
Mixed
Gold
Mixed
GBP/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
USD/JPY
Bullish
More View more
Real Time News
  • The Australian Dollar has once again responded to weekly technical resistance and leaves the bulls vulnerable while below 7866. Get your $AUD market update from @MBForex here:https://t.co/72ORZ3wZwx https://t.co/ktLFGNPZd0
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Gold: 0.50% Silver: 0.10% Oil - US Crude: -0.11% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/6m6mlA9J0I
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 91.05%, while traders in GBP/JPY are at opposite extremes with 69.35%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/0md6tHfJ37
  • Banxico: - Inflation shows require orderly adjustment in prices - Mid-Long term CPI expectations above 3% - Expects CPI to converge to target in 2Q 2022
  • Banxico: - Rate decision was unanimous - There are major challenges for monetary policy, citing highly uncertain economic environment - Future decisions depend on factors affecting CPI - Inflation has risen more than expected - Inflation risk tilted to the upside $MXN
  • Mexican #Peso maintaining intraday gains following #Banxico rate decision with $USDMXN hanging at session lows https://t.co/aMd2HlpHwt
  • 🇲🇽 Interest Rate Decision Actual: 4% Expected: 4% Previous: 4% https://www.dailyfx.com/economic-calendar#2021-05-13
  • Indices Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.98% US 500: 0.81% Germany 30: 0.02% France 40: -0.01% FTSE 100: -0.04% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/THzITT5Kgr
  • Australian #Dollar Forecast: #Aussie Bulls Halted– $AUDUSD Range Break Imminent- https://t.co/JdSYBbD1Ur https://t.co/BeSbuNyork
  • Heads Up:🇲🇽 Interest Rate Decision due at 18:00 GMT (15min) Expected: 4% Previous: 4% https://www.dailyfx.com/economic-calendar#2021-05-13
Forex: EUR/USD Offers Trade Potential if Risk Trends Rise or Fall

Forex: EUR/USD Offers Trade Potential if Risk Trends Rise or Fall

John Kicklighter, Chief Strategist

Just when it seems that we are starting to see the kind of risk-based move that can provide a lasting, market-wide trend; market conditions threaten to put the move on ice. That could stall the early bull run for the US dollar and return pairs like EURUSD and AUDUSD to the chop that has plagued Forex traders for months. Next week's US holiday (Thanksgiving) historically drains the market of speculative conviction. Pair that with the possibility of short-term relief for Greece and/or a delay in the Fiscal Cliff worries and congestion may be the name of the game. To lay out trade potential for all possible outcomes, we discuss setups for continued risk aversion (EURJPY, AUDUSD, etc); a rebound in risk (EURUSD, GBPJPY, etc); and pairs not beholden to the common speculative tide (AUDNZD, AUDCAD, USDJPY).

New to FX? Watch this Video

Sign up for John’s email distribution list, here.

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

DISCLOSURES