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
Mixed
Oil - US Crude
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
Wall Street
Bearish
Gold
Bearish
GBP/USD
Bullish
USD/JPY
Bullish
More View more
Real Time News
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.64% 🇳🇿NZD: 0.16% 🇨🇭CHF: 0.09% 🇯🇵JPY: -0.14% 🇪🇺EUR: -0.14% 🇨🇦CAD: -0.37% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/UoJWfwgBY4
  • Join @JStanleyFX 's #webinar at 1:00 PM ET/5:00 PM GMT for his weekly update on trading price action. Register here: https://t.co/yu1uNFb2tm https://t.co/V0xM1P4bgG
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.08% France 40: 0.05% FTSE 100: 0.04% US 500: -0.07% Wall Street: -0.69% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/g52KMi4Ga9
  • Hey traders! What does the US session have for us this Tuesday? Get your market highlights from @DailyFX Chief Strategist @JohnKicklighter 👇 https://t.co/ud5efPsWVA
  • RT @RichardSnowFX: #GOLD poised between a historically significant area of resistance 1796 (weekly chart) and the lower bound of the curren…
  • #Dollar vs Mexican #Peso Price Outlook: $USDMXN Rally to be Short Lived - https://t.co/9ISCuLByBg https://t.co/epUl25QYrb
  • A close below the low end of the zone could send USDCAD towards 1.3291. Get your $USDCAD technical analysis from @malkudsi here: https://t.co/HRPTi7uR0i https://t.co/Yn42bSQPN1
  • well said, Rich. $Gold toying with the 1800 level, around which marks 8 year highs. Still very overbought on a long-term basis. But the big question - will it matter? lots of mania themes out there rn with $TSLA $AMZN and $SHCOMP https://t.co/jkhvvyLcXi https://t.co/X8vwHhMQ9t
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.52% 🇳🇿NZD: 0.08% 🇨🇭CHF: -0.04% 🇯🇵JPY: -0.22% 🇪🇺EUR: -0.30% 🇨🇦CAD: -0.47% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/kOhfmaaKJO
  • EUR/USD is back below 1.1300 after hitting 1.1333 before the new forecasts were released. Get your $EURUSD market update from @nickcawley1 here: https://t.co/QGkdntQA19 https://t.co/EmUfglNVoT
Trading Video: EURUSD, EURJPY and SPX Ready to Cave if Risk Collapses

Trading Video: EURUSD, EURJPY and SPX Ready to Cave if Risk Collapses

2014-07-11 03:07:00
John Kicklighter, Chief Strategist
Share:

Talking Points:

• A building fear from European markets was amplified by troubles with a major Portuguese lender

• Regional concerns are no longer finding an apathetic market as volatility lurched higher

• For trends to develop, the next step needs to be elemental - the VIX, SPX and EURUSD will be barometers

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

We finally seem to have found a pulse in the financial markets. Global equities slumped and volatility readings picked up this past session, helped along by fear and heavy selling pressure surrounding a large Portuguese lender. Alone, it may not be material enough to draw direct comparisions to the Eurozone crisis a few years ago; but this is not the first crack the market has noticed. The tipping point for broader market conditons however remains cross-asset volatility. Should this activity measure rise, it will be difficult to maintain the euphoric complacency that has carried us recently. Though there are many opportunities should the tides turn; our initial focus in this Trading Video are the S&P 500, EURUSD and EURJPY.

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

News & Analysis at your fingertips.