Forex-USDCAD-Testing-Resistance-Ahead-Dueling-US-Canadian-Jobs-Data_body_Picture_1

USD/CAD Testing Resistance Ahead Dueling US & Canadian Jobs Data

Talking Points USD/CAD Longs at risk ahead of key US/Canada data prints Updated targets & invalidation levels Looking for more trade ideas? Review DailyFX’s 2017 Trading Guides. Join Michael for Live Weekly Trading Webinars on Mondays at 13:30GMT (8:30ET) USDCAD 120min Technical Outlook:USDCAD is testing near-term channel resistance & heading into the close of the […]

gold-prices-rally-up-to-pivotal-resistance-zone-srepstans_body_Picture_1

Gold Prices Rally Up to Pivotal Resistance Zone

To receive James Stanley’s Analysis directly via email, please sign up here. In our last article, we were looking at aggressively bearish price action in Gold prices as we walked-in to last week’s rate hike from the Fed. And the term ‘rate hike’ is important here rather than ‘rate decision’, because the Federal Reserve had […]

Forex-USDJPY-Clears-Monthly-Range-Trendline-Resistance-Ahead-of-US-CPI_body_Picture_1

USD/JPY Clears Monthly Range, Trendline Resistance Ahead of U.S. CPI

Talking Points USDJPY rebound in focus- constructive above weekly open Updated targets & invalidation levels Looking for more trade ideas? Review DailyFX’s 2017 Trading Guides. Join Michael for Live Weekly Trading Webinars on Mondays at 13:30GMT (8:30ET) USD/JPYDaily Technical Outlook:Last week we highlighted a key support confluence in USDJPY at 111.07/45 with the short bias […]

Silver-Eyes-Key-Resistance-Weakness-to-Be-Viewed-as-Opportunity_body_Picture_6

Silver Eyes Key Resistance- Weakness to Be Viewed as Opportunity

Talking Points Silver rally at risk near-term, broader outlook remains constructive Updated targets & invalidation levels Looking for more trade ideas? Review DailyFX’s 2017 Trading Guides. Join Michael for Live Weekly Trading Webinars on Mondays at 13:30GMT (8:30ET) Silver Daily Technical Outlook: Silver prices are responding to a key resistance confluence at 17.74/86– this region […]

eliottWaves_us_dollar_index_body_dxy

US Dollar Index – Former Resistance Provides Support

Daily Chart Prepared by Jamie Saettele, CMT DailyFX Trading Guides and Forecasts -The rally post-election has covered the entire channel and then some. Monday’s close settled above channel resistance, indicating potential for upside acceleration (could be a ‘blow-off’). The importance of the break through resistance is accentuated by the fact that channel resistance (former now) […]

China’s Market News: USD/CNH Surges to Key Resistance Ahead of G20

This daily digest focuses on market sentiment, new developments in China’s foreign exchange policy, changes in financial market regulations and Chinese-language economic coverage in order to keep DailyFX readers up-to-date on news typically covered only in Chinese-language sources. – USD/CNH touched above the psychological level of 6.7000 on Monday; the first time in five weeks. […]