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  • Heads Up:🇿🇦 Balance of Trade (JUN) due at 12:00 GMT (15min) Expected: ZAR52B Previous: ZAR 54.6B https://www.dailyfx.com/economic-calendar#2021-07-30
  • Heads Up:🇧🇷 Unemployment Rate (MAY) due at 12:00 GMT (15min) Expected: 14.5% Previous: 14.7% https://www.dailyfx.com/economic-calendar#2021-07-30
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  • Russia's Novak - The need for oil is increasing with oil consumption on the rise - OPEC+ output hike of 400kbpd/month is adequate
  • 🇲🇽 GDP Growth Rate YoY Prel (Q2) Actual: 19.7% Expected: 19.8% Previous: -3.6% https://www.dailyfx.com/economic-calendar#2021-07-30
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.48%, while traders in Wall Street are at opposite extremes with 71.54%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/1fcDULHaI1
  • Heads Up:🇲🇽 GDP Growth Rate YoY Prel (Q2) due at 11:00 GMT (15min) Expected: 19.8% Previous: -3.6% https://www.dailyfx.com/economic-calendar#2021-07-30
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  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Silver: 0.16% Gold: -0.02% Oil - US Crude: -0.46% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/BDNsL6Lqdb
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.03% 🇨🇦CAD: 0.01% 🇬🇧GBP: 0.01% 🇯🇵JPY: -0.08% 🇳🇿NZD: -0.17% 🇦🇺AUD: -0.25% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/jXFfAv8rVd
Jamie's Pick: 06/25/12

Jamie's Pick: 06/25/12

Jamie Saettele, CMT, Sr. Technical Strategist

It’s possible that the AUDUSD made its high for the week on Sunday's open. Keep Friday’s bigger picture outlook handy for perspective.

Early week focus is on former pivots at 9920 and 9820. The 100% extension of the 10224-10008 decline falls within the middle of this range at 9861.

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

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