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Real Time News
  • #Silver is currently trading back just above the 26.00 level. The precious metal was knocked slightly lower yesterday amidst a slight jump in longer-term US yields but is attempting to move higher again today. $XAG $SLV https://t.co/3nwbQdLpRU
  • Trader confidence in Bitcoin, Ethereum and Gold remains largely undented by recent price falls and their longer-term trends higher remain intact. Get your market update from @MartinSEssex here:https://t.co/xwX3K91WyP https://t.co/GkI5ZRhv3l
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Silver: 0.82% Gold: 0.27% Oil - US Crude: 0.03% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/mbJ4BR6WeP
  • EU Drug Regulator: Benefits of J&J vaccine outweigh risks.
  • World Bank: Sees global commodity prices remaining firm around current levels in 2021 after Q1 recovery.
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.55%, while traders in Germany 30 are at opposite extremes with 80.61%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/tEAXFbZw1C
  • Canada extends Covid travel restrictions, only allowing essential travel to and from the US until May 21st. $USD $CAD
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Silver: 0.30% Oil - US Crude: 0.08% Gold: 0.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/husHdqWE1m
  • USD contrarian properties fade as short squeeze stabilises. GBP/USD remains the largest bull bet. Get your market update from @JMcQueenFX here:https://t.co/M76KY0jys3 https://t.co/9pkAItCOkl
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: US 500: -0.35% Wall Street: -0.41% Germany 30: -0.97% FTSE 100: -1.15% France 40: -1.40% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/0jQtVfHvdH
Mid-Week Market Check Up- USD, AUD, CAD, JPY, Gold, SPX & Bitcoin

Mid-Week Market Check Up- USD, AUD, CAD, JPY, Gold, SPX & Bitcoin

Michael Boutros, Strategist

Weekly Technical Update on USD Majors / Commodities

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US Dollar Exhaustion Faces First Test - Gold Recovery in Focus as Bitcoin Eyes Record Highs

In Monday’s Weekly Strategy Webinar we discussed the risks to the recent US Dollar recovery as numerous breakouts approached near-term trend extremes. While the DXY has indeed pulled back off the monthly highs, the index is virtually unchanged for the week with opening-ranges in play across the Majors. In this webinar we take an in-depth look at the technical levels for the US Dollar Index, EUR/USD, AUD/USD,USD/CAD, Gold, Bitcoin (BTC/USD), USD/JPY, US10Y (TNX), GBP/USD and SPX.

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Live now:
Apr 21
( 13:04 GMT )
Live Weekly Strategy Webinars on Mondays at 13:30GMT
Mid-Week Market Updates Featuring Michael Boutros, Strategist
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---Written by Michael Boutros, Technical Strategist with DailyFX

Follow Michael on Twitter @MBForex

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

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