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.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
Free Trading Guides
EUR/USD
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
News
Technical Trade Levels: Dollar, EUR/USD, USD/CAD, AUD/USD, Gold & SPX
2020-07-06 15:30:00
EUR/USD Price Outlook: US Dollar Selling Puts EUR/USD Back at Familiar Resistance
2020-07-06 12:30:00
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
News
Crude Oil Technical Forecast 3Q-2020: Range Potential in Focus
2020-07-05 00:00:00
Crude Oil Prices Shrug Off US Jobs Data as Topping Signs Remain
2020-07-03 06:33:00
Wall Street
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
News
US Dollar, VIX Index Stumble as Stock Market Euphoria Prevails
2020-07-06 16:00:00
Dow Jones: A True Cross Section of American Industry?
2020-07-05 12:00:00
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
News
Technical Trade Levels: Dollar, EUR/USD, USD/CAD, AUD/USD, Gold & SPX
2020-07-06 15:30:00
Gold Price Forecast: XAU/USD – Signals and Levels to Keep in Focus
2020-07-06 09:30:00
GBP/USD
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
News
Technical Trade Levels: Dollar, EUR/USD, USD/CAD, AUD/USD, Gold & SPX
2020-07-06 15:30:00
GBP/USD, EUR/GBP and FTSE 100 Latest Outlooks - UK Market Webinar
2020-07-06 12:20:00
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
News
Technical Trade Levels: Dollar, EUR/USD, USD/CAD, AUD/USD, Gold & SPX
2020-07-06 15:30:00
Japanese Yen Technical Outlook: USD/JPY Price- A Clear Trend Sill Lacking
2020-07-05 17:00:00
More View more
Real Time News
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.53% 🇦🇺AUD: 0.47% 🇨🇭CHF: 0.33% 🇯🇵JPY: 0.11% 🇨🇦CAD: 0.07% 🇬🇧GBP: 0.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/3Xcr8SqmVU
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 1.35% Gold: 0.62% Oil - US Crude: 0.32% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/S1HRq3Qhdv
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.38%, while traders in US 500 are at opposite extremes with 70.45%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/z2VKrQ1an0
  • A close below the high end of the zone signals bull’s hesitation and may lead some of them to exit the market and press Gold to fall towards $1,685.Get your $XAUUSD technical analysis from @malkudsi here:https://t.co/WrxzMLWKJM https://t.co/boK0OUGM7D
  • US virus cases increase by 2% vs prior 1.8% 7-day average - BBG
  • Indices Update: As of 20:00, these are your best and worst performers based on the London trading schedule: US 500: 0.04% Wall Street: 0.01% FTSE 100: -0.05% Germany 30: -0.06% France 40: -0.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/LU3pxZ6crc
  • USD/CAD has pulled up just shy of a key zone of support around the 1.3500 handle, and this has happened even as the US Dollar has continued a bearish trend into the start of this week’s trade. Get your $USDCAD technical analysis from @JStanleyFX here: https://t.co/oQshB2qTQt https://t.co/OynxuDWkmu
  • #Gold shifting higher to test intraday highs as the US closing bell approaches https://t.co/lic6U0MGal
  • Update on #Cryptocurrencies #BITCOIN +2.69% #BITCOINCASH +7.67% #ETHEREUM +5.68% #RIPPLE +5.15% #LITECOIN +5.04%
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Silver: 1.20% Gold: 0.59% Oil - US Crude: 0.13% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/e1Q5eFMQOX
EUR/AUD

EUR/AUD

2010-03-18 11:49:00
Thomas Long, Course Instructor
Share:

The answer is a great carry trade candidate which is what we may see here with the EUR/AUD on a move down through the 1.4806 low. This pair has been in a relentless downtrend since the beginning of 2009 and it continues through today. The added advantage of selling this pair is the positive rollover earned on open sell positions every day at the 5PM Eastern close. Do you ever think about how some of the biggest traders in the world make money in the FX markets? Here is one of more popular ways. Make money by selling a market in a strong downtrend and make even more on interest every day. It doesn't get much better than that in the world of speculation.
 

euraud 031810

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

DISCLOSURES

Related Articles

Technical Analysis: Where to Get Started and How it Can Help
Technical Analysis: Where to Get Started and How it Can Help
2018-12-28 21:00:00
Fibonacci in the Forex Market
Fibonacci in the Forex Market
2017-08-23 19:00:00
How to Use Price Action to Trade New Trends
How to Use Price Action to Trade New Trends
2017-05-02 17:30:00
Find the Markets Prevailing Trend [Webinar]
Find the Markets Prevailing Trend [Webinar]
2017-03-30 18:06:00
Advertisement
News & Analysis at your fingertips.