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
Oil - US Crude
Bearish
Wall Street
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
Gold
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
GBP/USD
Mixed
USD/JPY
Bullish
More View more
Real Time News
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.80% Silver: 0.44% Gold: -0.52% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/0gaXCueC8q
  • 🇺🇸 CB Consumer Confidence Actual: 86.6 Expected: 87.5 Previous: 86.9 https://www.dailyfx.com/economic-calendar#2020-05-26
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.63%, while traders in US 500 are at opposite extremes with 73.88%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/2vftZNVsbx
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 1.92% Silver: 1.39% Gold: -0.34% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/X4ZaAW4bAg
  • Global GDP forecasted to drop 4.6% for 2020 according to Fitch - BBG
  • Heads Up:🇺🇸 New Home Sales MoM due at 14:00 GMT (15min) Expected: -21.9% Previous: -15.4% https://www.dailyfx.com/economic-calendar#2020-05-26
  • Heads Up:🇺🇸 CB Consumer Confidence due at 14:00 GMT (15min) Expected: 87.5 Previous: 86.9 https://www.dailyfx.com/economic-calendar#2020-05-26
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: France 40: 1.70% Wall Street: 1.21% Germany 30: 1.20% US 500: 0.87% FTSE 100: -0.48% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/IQYBPY8iLP
  • ECB's Guindos says no decision made on purchases of junk bonds - BBG
  • Among the risk-leaning FX benchmarks, $AUDUSD is up to its own 200-day moving average as it progresses to 3-month highs https://t.co/Lxmsb6OKVQ
Jamie's Pick: 05/07/12

Jamie's Pick: 05/07/12

2012-05-07 14:29:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

The AUDUSD traded to a new 2012 low last night, slipping below the 1/9/12 low of 10145. Focus is on the 12/29/11 low at 10044 and confluence of the 100% extension of the decline from 10856 and 12/15/11 low at 9843/61. The level intersects channel support in early June. The bounce from last night’s low has reached resistance from 10200. Former lows at 10225 and 10245 are also resistance. Shorts are favored against 10280.

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

DISCLOSURES

News & Analysis at your fingertips.