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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
News
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD
2021-05-07 15:30:00
Live Data Coverage: April US Nonfarm Payrolls w/ Christopher Vecchio, CFA
2021-05-07 11:15:00
Oil - US Crude
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
News
Oil Price Rally Vulnerable Amid Failure to Test March High
2021-05-06 14:30:00
Crude Oil Prices May Turn Lower From Key Chart Barrier
2021-05-06 05:00:00
Wall Street
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
News
Stocks Push to All-Time Highs Following NFP Miss, Gold Spikes
2021-05-07 14:25:00
Live Data Coverage: April US Nonfarm Payrolls w/ Christopher Vecchio, CFA
2021-05-07 11:15:00
Gold
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
News
Gold Price Forecast: Gold Bulls Re-Ignite Big-Picture Bullish Trend
2021-05-07 20:00:00
Stocks Push to All-Time Highs Following NFP Miss, Gold Spikes
2021-05-07 14:25:00
GBP/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
News
British Pound Forecast: UK GDP Report to Go Unnoticed as BoE Tapers QE
2021-05-07 16:00:00
US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD
2021-05-07 15:30:00
USD/JPY
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
News
Live Data Coverage: April US Nonfarm Payrolls w/ Christopher Vecchio, CFA
2021-05-07 11:15:00
Monthly Forex Seasonality - May 2021: Sell in May and Go Away? Not for USD, Stocks
2021-05-06 16:30:00
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Real Time News
  • Dogecoin continues to trade higher with explosive energy, attesting to the cryptocurrency's new clout. Meanwhile, Bitcoin and Ethereum sink. Get your market update from @FxWestwater here:https://t.co/ohw714KqB2 https://t.co/EWxKoQykv1
  • Natural gas prices moved higher, capturing a long-term trendline that could support the heating commodity's price in the coming weeks as colder temps support fundamental side. Get your market update from @FxWestwater here:https://t.co/tGUDJE9hn0 https://t.co/nROsrJa1sv
  • The Euro may fall against the US Dollar amid a historically strong month for the Greenback and relative bond yield spreads. EUR/USD appears to be eyeing bearish technical warning signs. Get your $EURUSD market update from @ddubrovskyFX here:https://t.co/njTDk8Ehoi https://t.co/w4II63utz1
  • The US Dollar is still struggling against most ASEAN currencies. USD/SGD remains downside-focused despite recent gains. USD/THB is eyeing a triangle. USD/IDR and USD/PHP may point lower. Get your market update from @ddubrovskyFX here:https://t.co/6Nvvmz8h6d https://t.co/TYsfOXHrro
  • (Weekly Fundamental) Australian Dollar Outlook: AUD/USD May Rise on Dovish Fed Speak After Huge NFP Miss #AUD $AUDUSD https://www.dailyfx.com/forex/fundamental/forecast/weekly/aud/2021/05/07/Australian-Dollar-Outlook-AUDUSD-May-Rise-on-Dovish-Fed-Speak-After-Huge-NFP-Miss.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/L9pERwjTqh
  • Bitcoin is struggling to extend April’s bounce while Ethereum and Litecoin are exhibiting signs of momentum exhaustion. What are key technical levels to watch for ahead? Find out from @ddubrovskyFX here:https://t.co/PnZId4xOh2 https://t.co/ZTYoxdBxLl
  • The Indian Rupee has been rising despite a surge in local Covid cases, owing to rising yields amid a temporary flood of US Dollars into the banking system. INR remains at risk, eyeing CPI data. Get your market update from @ddubrovskyFX here:https://t.co/6r7hahVtx4 https://t.co/a0z46Q0Mn4
  • Risk management is one of the most important aspects of successful trading, but is often overlooked. What are some basic principles or risk management? Find out from @PaulRobinsonFX here: https://t.co/IsnpfJhp91 https://t.co/tnF1RME8gJ
  • Top event risk on my radar for the week ahead: Musk on SNL (Sat); run of Fed speak with Brainard, Williams, Bostic (Tues); US CPI and UK GDP (Wed); Mexico central bank rate decision (Thur); US earnings - PLTR, BABA, ABNB, DASH, DIS (Tues-Thur). What are you watching?
  • It starts. This man is living the life. https://t.co/YhD4oMNAFG
Scalping with Michael Boutros on DailyFX Plus 7/10

Scalping with Michael Boutros on DailyFX Plus 7/10

Michael Boutros, Strategist

To contact Michael email mboutros@dailyfx.com or follow him on Twitter @MBForex

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Rates

AUD/USD
Bullish
EUR/USD
Bullish
GBP/USD
Bullish
USD/JPY
Mixed
USD/CAD
Mixed
EUR/AUD