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  • The oil price breakout has extended into the first level of lateral resistance- risk for some ‘back and fill’ here but the outlook remains constructive. Get your #crudeoil market update from @MBForex here:https://t.co/jdNzvlgecz https://t.co/BEbFRujI3y
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 91.25%, while traders in Wall Street are at opposite extremes with 76.07%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/VMAlOp5nwM
  • Heads Up:🇺🇸 Fed Quarles Speech due at 17:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-10-20
  • The New Zealand Dollar's reaction to its recent rate hike was tepid at best. However, it's tempo over the past week in particular has been an impressive one. $NZDUSD specifically running strongest 6-day rally since June 2020 https://t.co/qM8cvjLCkU
  • Dow hits new record high...boom! $DJI
  • Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Silver: 2.81% Gold: 0.89% Oil - US Crude: 0.58% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/FiM78jjd0z
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.71% 🇦🇺AUD: 0.53% 🇨🇭CHF: 0.35% 🇬🇧GBP: 0.19% 🇪🇺EUR: 0.11% 🇯🇵JPY: 0.11% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/o4Bg5hW0tn
  • #Oil Technical Forecast: Oil Eight-Week Rally Vulnerable- $WTI Levels ($USOil) - https://t.co/32p8cbyZVr https://t.co/PPWB11MbRh
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.45% US 500: 0.40% France 40: 0.01% Germany 30: 0.00% FTSE 100: -0.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/brXwszjzBv
  • RT @jason_donner: Pelosi on if a framework can be reached by end of week: “Let’s see…we have met every milestone along the way in our timet…
DailyFX Technical Focus: 7/15/2014

DailyFX Technical Focus: 7/15/2014

Jamie Saettele, CMT, Sr. Technical Strategist