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.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
More View more

BoE Chief Econimist (Hawk) is to Step Down From BoE After June Meeting

Real Time News
  • When is Kodak going to get into the SPAC game? Bitcoin mining pivot in 2018 and Vaccine production pivot in July 2020. Any day now...
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 2.19% Gold: 0.74% Oil - US Crude: 0.34% View the performance of all markets via
  • The Dow Jones, Nasdaq 100 and S&P 500 will look to the arrival of earnings season for influence. Get your #equities market update from @PeterHanksFX here:
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.41%, while traders in France 40 are at opposite extremes with 75.87%. See the summary chart below and full details and charts on DailyFX:
  • Pfizer states it can deliver 10% more vaccine doses to the US by the end of May $PFE $SPX $NDX $RUT
  • Had the pleasure of sitting down with @GuyAdami and @RiskReversal for another episode of The Macro Setup to discuss $GLD $BTC and $SPX ahead of earnings season and the Coinbase IPO Watch here -
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: France 40: 0.41% Germany 30: 0.06% Wall Street: 0.00% FTSE 100: 0.00% US 500: -0.01% View the performance of all markets via
  • #Bitcoin breaks out to fresh all-time highs as investors cast an eye to the long awaited Coinbase IPO #BTC $BTCUSD
  • NY Fed Treasury purchase schedule remains unchanged - BBG
  • Silver posting a strong session, now up 2.3% on the day. In recent trade, silver has struggled to break above the 50-day EMA $XAG $USD
post ECB, BoJ Price Action Setups

post ECB, BoJ Price Action Setups

James Stanley, Senior Strategist

- If you’re looking for trading ideas, check out our Trading Guides. And if you’re looking for ideas that are more short-term in nature, please check out our IG Client Sentiment.

To receive James Stanley’s analysis directly via email, please SIGN UP HERE

- This is an archived webinar from Thursday, July 20th; held after the European Central Bank and Bank of Japan rate decisions. If you’d like to attend a DailyFX Webinar, please check out our webinar calendar.

- The first market we looked at was EUR/USD after an extended bullish movement around the ECB meeting earlier in the morning. At that meeting, ECB President Mario Draghi appeared to echo his usual dovish tone, but Euro bulls seemed to care little as the Euro popped-higher at the start of the press conference and continued to gain throughout the event. This leaves EUR/USD in an extreme bullish state, and we looked at mannerisms of re-entry.

- We then moved over to ‘DXY’ to show just how weak the Dollar has become. The Greenback has taken out the August 2016 low, and there is but one target remaining in our Q3 Forecast for USD, and we are but three weeks into the new quarter.

- We then looked at the Japanese Yen, which had appeared to put in bearish movement after BoJ earlier in the morning; but after USD-weakness took over, USD/JPY fell-back to a key support level around 111.61.

- We then looked at GBP/USD, which appears to be putting in the initial stages of bearish momentum. To read more, please check out our technical article published on Friday, July 21st.

- We then moved over to EUR/JPY, which could eventually become an attractive way to buy Euros if looking to avoid the Dollar. The key level here is 128.52, and this can be a novel area to investigate for stop placement for bullish continuation approaches.

--- Written by James Stanley, Strategist for

To receive James Stanley’s analysis directly via email, please SIGN UP HERE

Contact and follow James on Twitter: @JStanleyFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.