News & Analysis at your fingertips.

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
Free Trading Guides
Subscribe
Please try again
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
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
Wall Street
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
Mixed
GBP/USD
Mixed
USD/JPY
Bearish
More View more
Real Time News
  • NY Fed's GDP Nowcast model sees US Q1 GDP at 6.9% vs. 6.78% in prior week. #Fed $USD
  • Hey traders! Wrap up your week with a market update from @DailyFX Chief Strategist @JohnKicklighter 👇 https://t.co/zOiAQGMNzY
  • $EURGBP has strengthened today, rising back above the 0.8700 level for the first time in a week. The pair is trading near the highs set in mid April and late February. $EUR $GBP https://t.co/RSkMhvLQEQ
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇪🇺EUR: 0.31% 🇦🇺AUD: 0.29% 🇨🇦CAD: 0.10% 🇬🇧GBP: 0.06% 🇨🇭CHF: 0.06% 🇯🇵JPY: -0.11% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/OODkBySEaS
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: US 500: 0.66% Wall Street: 0.42% FTSE 100: -0.13% France 40: -0.28% Germany 30: -0.46% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/0PTPoUF2Jz
  • #Gold has slipped to its lowest level since Tuesday today. After meeting resistance around 1,795 this morning, the precious metal fell back to trade near the 1,770 level. $XAU $GLD https://t.co/tOiSk0n6t5
  • Biden’s proposed tax hike sees investors unload profitable assets. Bitcoin intensifies losses, falls below $50,000. Get your $btc market update from @Daniela here:https://t.co/pkHFvFotbz https://t.co/1R7T4HpfQX
  • With the US data beating expectations, we have all of the major developed world economies reporting April PMIs with a significant improvement in economic activity for the current month. Seems only black swans and regulations can stop the train now... https://t.co/HpOW5ul5YW
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.92% Gold: -0.24% Silver: -0.29% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/ck2iRms5Hp
  • Heads Up:💶 ECB President Lagarde Speech due at 14:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-04-23
Webinar: Scalping Aussie Crosses post NFP - RBA, BOE, BoJ on Tap

Webinar: Scalping Aussie Crosses post NFP - RBA, BOE, BoJ on Tap

Michael Boutros, Strategist

Talking Points

AUDNZD Daily

Webinar: Scalping Aussie Crosses post NFP - RBA, BOE, BoJ on Tap

Chart Created Using FXCM Marketscope 2.0

Notes: AUDNZD has broken below the 2014 slope line noted last week with the decline now testing a median-line extending off the July high. May get a rebound here but the focus remains weighted to the downside while below the 100DMA at 1.1066 with a break lower targeting a key support zone at 1.0711/40 where the 50% retracement, the 1.618% extension and the 200-day moving average converge. Note that although a support trigger in momentum has broken, the signature has remained above 40 for more than 6-months and we’ll be looking for a break to confirm the short-bias.

AUDJPY 30min

Webinar: Scalping Aussie Crosses post NFP - RBA, BOE, BoJ on Tap

Notes: NFP’s charged a break & quick recovery of our bullish invalidation level at the 84-handle, keeping the focus weighted to the topside in the AUDJPY. Bottom line: looking higher while within this formation but ultimately we’d be looking to sell a rally up towards the upper median-line parallel / 86. Keep an eye on tonight’s RBA interest rate decision with the release likely to fuel added volatility in Aussie pairs.

Even though the RBA is widely expected to hold the benchmark interest rate at 2%, a material shift in the central bank rhetoric may produce increased volatility in Aussie pairs as Governor Glenn Stevens continues to favor a weaker exchange.

For updates on this scalp and more setups throughout the week subscribe to SB Trade Desk

Relevant Data Releases

Webinar: Scalping Aussie Crosses post NFP - RBA, BOE, BoJ on Tap

Other Setups in Play:

---Written by Michael Boutros, Currency Strategist with DailyFX

Follow Michaelon Twitter @MBForex,contact him at mboutros@dailyfx.com or Click Here to be added to his email distribution list

Join Michael for Live Scalping Webinars on Mondays on DailyFX & Tuesday, Wednesday & Thursday’s on SB Trade Desk at 12:30 GMT (8:30ET)

Struggling with your strategy? Here’s the number one mistake to avoid

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

DISCLOSURES