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.

Free Trading Guides
EUR/USD
Bearish
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
GBP/USD
Bearish
USD/JPY
Bearish
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
Gold
Bearish
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
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
Bitcoin
Bullish
More View more
Real Time News
  • RT @MikaelSarwe: 🇪🇺 Weak loan figures to non-financial corporations. More of a lagging indicator in my mind. However, the ECB loan survey i…
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.46%, while traders in US 500 are at opposite extremes with 71.35%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/APqOboub9Y
  • Heads Up:🇺🇸 USD MBA Mortgage Applications (JAN 24) due at 12:00 GMT (15min), Actual: N/A Expected: N/A Previous: -1.2% https://www.dailyfx.com/economic-calendar#2020-01-29
  • What's the difference between leading and lagging indicators? Find out from @RichardSnowFX here:https://t.co/vGx8HCagF5 https://t.co/cE7eCTQyXi
  • Commodities Update: As of 11:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.90% Silver: 0.26% Gold: 0.26% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/v2UEjqkR9j
  • Forex Update: As of 11:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.06% 🇬🇧GBP: -0.14% 🇨🇦CAD: -0.18% 🇪🇺EUR: -0.20% 🇦🇺AUD: -0.22% 🇳🇿NZD: -0.43% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/CjEesQhiU1
  • GBP/USD Faces A Stubborn Support Level, British Pound vs USD Price Forecast More details in the link below: https://www.dailyfx.com/forex/technical/home/analysis/gbp-usd/2020/01/29/GBPUSD-Faces-A-Stubborn-Support-Level-British-Pound-vs-USD-Price-Forecast-MK.html?CHID=9&QPID=917714 https://t.co/5BozWx61MQ
  • Indices Update: As of 11:00, these are your best and worst performers based on the London trading schedule: France 40: 0.44% US 500: 0.36% Wall Street: 0.34% Germany 30: 0.24% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/m0u9Hp7uu9
  • Global Times confirmed 6078 patients with coronavirus with the death toll rising to 132. However, 115 patients had been discharged from hospitals after recovering -State TV
  • DailyFX FOMC webinar starts at 18.45 GMT tonight. @PeterHanksFX will be on the mic...bring your questions!! #fomc #trading @DailyFX @DailyFXedu https://www.dailyfx.com/webinars/450625579
Short AUDNZD from 1.3680, waiting for EURUSD break

Short AUDNZD from 1.3680, waiting for EURUSD break

2011-03-28 17:30:00
David Rodriguez, Head of Product
Share:

Consistent with my call from last week, I'm short the AUDNZD from 1.3680 with a stop above the 1.3785 mark. I'm targeting a move towards 1.3450 with said position, and the initial pullback on the spike higher is promising. I think the New Zealand Dollar offers comparatively attractive value as it continues to hold support against the Aussie Dollar and has stuck to a wide downtrend channel. I like the concept of a EURUSD short, but it has thus far shown pretty significant resilience at support at the 1.4050 mark. We will need to see a break of upward-sloping trendline support before having confidence in calls for declines.

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

DISCLOSURES

News & Analysis at your fingertips.