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
Oil - US Crude
Bullish
Wall Street
Bearish
Gold
Bullish
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • $Silver trying for breakout, as well. BIG zone of resistance ahead, around the 30 handle. Already held two spikes (august, february). If bulls can eventually break through, could be some room to run (chart 2) $SLV $XAG https://t.co/QZHOsqJMno
  • US Treasury Secretary Yellen: - Corporate taxes are at historic lows - Reform is needed to help pay for infrastructure upgrades $USD $DXY $TNX
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 87.53%, while traders in EUR/USD are at opposite extremes with 69.68%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/rZoMbRL3E4
  • a lot of talk about Burry's short on tsla. I'm more intrigued by the bet on inflation. the tsla trade seems to be getting all of the attention Burry was very early on subprime and also pretty early (but ahead of most of the crowd) on $GME. But, his analysis on both was on point
  • DAX 30 sees record high. EUR/USD takes advantage of USD selling. Get your #DAX market update from @HathornSabin here:https://t.co/2uHZRg8ABr https://t.co/aLpmnOYYti
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Silver: 0.32% Oil - US Crude: 0.08% Gold: 0.02% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/pt4D4llGLP
  • $EURUSD finally took out that Fibo resistance 2167, now fresh two month highs. Another fibo nearby, very close to the feb swing high ~2335 concern for continuation is overbought read on h4. but - pullback to support at prior res can keep bulls looking up https://t.co/dh9owX9gAB https://t.co/urrCt77AB8
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.21% US 500: 0.05% Wall Street: 0.04% Germany 30: -0.05% France 40: -0.05% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/win11T070W
  • $GBPUSD with quite the run after last week's 1.4000 test now closing in on three-year-highs https://t.co/KNn3Fu7Dd0 https://t.co/i0QwvlXMB5
  • 🇺🇸 Housing Starts MoM (APR) Actual: -9.5% Previous: 19.8% https://www.dailyfx.com/economic-calendar#2021-05-18
Trading Video: Have Rate Forecast and Risk Tides Changed GBPUSD, NZDUSD Trends?

Trading Video: Have Rate Forecast and Risk Tides Changed GBPUSD, NZDUSD Trends?

John Kicklighter, Chief Strategist

Talking Points:

• The strong risk run that opened the week has grown winded - but equities have yet to truly reverse

• A divergence on risk trends finds Yen crosses and NZDUSD stumbling while the S&P 500 is just off highs

• Will GBPUSD's channel break turn into a true bear trend similar to EURUSD - rate expectations will decide

Expect volatility to die once again and range trades to hold? Do you think tentative breakouts are just the beginning of bigger developments? See the DailyFX-Plus Range, Breakout and Trend strategies or trade them on your charts in Mirror Trader.

The bullish charge for equities stalled this past session while the dollar put in for an impressive rally versus the Euro, Pound and Kiwi. Have we seen a change in the fundamental winds? Is the S&P 500 and its international counterparts set to reverse? Have rate expectations changed in favor of the Fed and greenback? While both themes are possible, we are still far from confirming such high-level transitions - much less momentum in the nascent moves. What does that mean for the high profile reversal opportunities (like S&P 500 and Yen crosses) or tentative technical breaks (like GBPUSD and NZDUSD)? We discuss that in today's Trading 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