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
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
Bullish
Wall Street
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
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
Bullish
USD/JPY
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
More View more
Real Time News
  • The New Zealand Dollar appears poised to extend its climb against its haven-associated counterparts as long-term trend break hints at cyclical upturn. Get your $NZDUSD market update from @DanielGMoss here: https://t.co/CPxP1Q8B6d https://t.co/NBJ9qkaNei
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.17% 🇳🇿NZD: 0.07% 🇪🇺EUR: -0.06% 🇨🇦CAD: -0.30% 🇨🇭CHF: -0.33% 🇬🇧GBP: -0.43% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/lYbgFKQKmu
  • USD/MXN is in danger of picking up more momentum as the recent decline takes out support levels and gains ‘negative curvature’ to its path. Get your $USDMXN technical analysis from @PaulRobinsonFX here: https://t.co/eQzD6JyA5c https://t.co/km6neTN3M6
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Gold: 0.33% Oil - US Crude: -0.55% Silver: -0.64% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/0yp0FnGl8y
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.22%, while traders in NZD/USD are at opposite extremes with 71.43%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/fu1Xj6AuYv
  • US Equity Update (Friday Close): $DJI -0.88% $SPX -1.12% $NDX -1.30% $RUT -0.38% $VIX -2.00%
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: US 500: -0.01% Wall Street: -0.01% Germany 30: -0.31% France 40: -0.39% FTSE 100: -0.40% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/TUiymobDKl
  • Precious Metals Update: #Gold 1950.04 (+0.29%), #Aluminum 1781.00 (-0.81%), and #Copper 6780.50 (+0.05%) [delayed]
  • RT @SadiqKhan: IMPORTANT: The PM has said that we are now seeing the start of a second wave of COVID-19 across the UK. Londoners should k…
  • The US Dollar has responded to long-term technical support but keeps the index within the confines of the September opening-range. Get your $USD technical analysis from @MBForex here: https://t.co/3etE4I4kEi https://t.co/dxgpYd9FLH
EUR/USD Buffeted by Dollar Rally, Taper Fear, Euro Crisis. Perfect Setup

EUR/USD Buffeted by Dollar Rally, Taper Fear, Euro Crisis. Perfect Setup

2013-07-05 23:48:00
John Kicklighter, Chief Strategist
Share:

Friday's NFPs did little to resolve the risk trend standoff surrounding Taper fears, but the markets still respect the risks going forward. With the dollar marking a critical break to multi-year highs, the S&P 500 meandering at a pivotal level and a heavy round of event risk ahead; the markets are flashing trade potential. Yet, the setups we take must first account for the type of markets and bearings of sentiment we forge. In the weekend video we discuss trade setups for risk aversion (USDJPY, yen crosses), positive risk appetite (EURAUD, GBPAUD) and flat markets (NZDUSD, EURGBP) as well as perhaps the perfectly positioned trade setup for any condition EURUSD.

Market conditions change, and our strategy should reflect those changes. We have coded the DailyFX-Plus strategies for Breakout, Range and Momentum to adapt to these market shifts.

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