AUD/USD Technical Outlook: Charts Highlight Nearby Price Support
Aussie is down more than 9% from the yearly highs with prices approaching initial support. These are the updated targets & invalidation levels that matter for AUD/USD.
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News
USD/JPY: Net-Long Positions is at the Lowest Level This Year
The combination of current sentiment and recent changes gives us a further mixed USDJPY trading bias.
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USD/JPY Rate Carves Bearish Series Amid Escalating US-China Trade War
US Dollar Drives to 11-Month Highs as Stocks Continue to Sell-Off
US AM Digest: Global Markets Tumble on Escalating Trade Tensions
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Analyst Picks
James Stanley
Currency Strategist
Currency Pair:
GBP/JPY, USD/CHF, EUR/NZD
Expertise: price action - macro
Average Timeframe of Trade: few days - few weeks
Expertise: price action - macro
Average Timeframe of Trade: few days - few weeks
David Song
Currency Analyst
Currency Pair:
Bearish EUR/USD
Expertise: Fundamental and Technical
Average Timeframe of Trade: 2 - 10 Days
Expertise: Fundamental and Technical
Average Timeframe of Trade: 2 - 10 Days
Technical Analysis
S&P 500 Reversal in Play As Sentiment Shifts
Recent changes in sentiment warn that the current US 500 price trend may soon reverse lower despite the fact traders remain net-short.
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