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
Bullish
GBP/USD
Mixed
USD/JPY
Bullish
Gold
Bullish
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
Bullish
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
Mixed
More View more
Real Time News
  • $USD did gain momentum following the release with USDJPY breaking above 111.456. The cross is nearly 3% above its monthly lows after a strong shift up in recent days. Get your market update from @FxWestwater here: https://t.co/DWIrNdxrhk https://t.co/mplKTr53fw
  • Commodities Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Silver: 1.38% Gold: 0.63% Oil - US Crude: 0.49% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/4r15uo57of
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.13%, while traders in France 40 are at opposite extremes with 83.91%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/GkXqYp4qZM
  • IMF says Argentina's debt levels are "not sustainable" following a review. - BBG
  • Indices Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.00% US 500: 0.00% France 40: -0.07% Germany 30: -0.08% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/FO0dXLaPZs
  • Spot FX Update: $EUR 1.0807 $JPY 111.276 $GBP 1.2922 $CAD 1.3228 $CHF 0.9837
  • The #DAX 30 remains in a short-term consolidation phase, one that began last week just after new record highs above 13596 were notched. Get your market update from @PaulRobinsonFX here: https://t.co/vV5qQ9xfxG https://t.co/PogbD9ZpPx
  • Commodities Update: NYM WTI Crude 53.36 (+2.52%), ICE Brent Crude 59.17 (+2.46%), NYM NYH Gasoline 166.27 (+2.93%). [delayed]
  • RT @BobPisani: $JPM strategist Marko Konanovic on a potential Technology bubble: "Signs that certain segments of tech are trading at unsus…
  • As forecasted, #DXY stopped just short of resistance at the October high at 99.67. See my USD weekly forecast here⬇️ https://www.dailyfx.com/forex/fundamental/forecast/weekly/usd/2020/02/15/US-Dollar-Outlook-Bullish-on-FOMC-Minutes-Coronavirus-Iran.html Title: US Dollar Outlook Bullish on FOMC Minutes, Coronavirus, Iran https://t.co/Wpxt0ukheU
Jamie's Pick: 12/15/11

Jamie's Pick: 12/15/11

2011-12-15 16:18:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

The best bet for AUDUSD is a triangle or flat from the October low (with the current rally from the November low as wave C). Last week’s key reversal ahead of the 200 day average is enough evidence for me to be bearish on rallies, targeting the trendline that extends off of the October and November lows near 9800. The bearish bias level can be moved down to 10165 and resistance from 9980 (former support) and a short term channel should hold on the way to 9775 (support line and post Thanksgiving gap).

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

DISCLOSURES

News & Analysis at your fingertips.