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

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Oil - US Crude
Wall Street
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
More View more
Real Time News
  • US 6-Month Bills Draw 0.105% Primary Dealers Awarded: 52.4% Indirect Bidders Accepted: 44.1% Direct Bidders Accepted: 3.5% B/C Ratio: 2.91
  • To fully appreciate the weight of the 1.1700-1750 area as a technical zone for $EURUSD, it is best to look at the monthly chart. We just closed out the largest month's rally since September 2010 https://t.co/xqiTqchxlJ
  • $EURUSD is treating former resistance as new support following its retreat from 1.19 Friday. Below is a disparity index that shows the difference between spot and the 20-day SMA https://t.co/eEUsjgGJgd
  • US Treasury Yields: 2-Year: 0.113% 3-Year: 0.122% 5-Year: 0.222% 7-Year: 0.405% 10-Year: 0.558% 30-Year: 1.234% $TNX
  • Forex Update: As of 14:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: -0.08% 🇯🇵JPY: -0.35% 🇪🇺EUR: -0.40% 🇦🇺AUD: -0.69% 🇳🇿NZD: -0.74% 🇨🇭CHF: -1.11% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/g48aHJoSf8
  • Indices Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Germany 30: 2.55% France 40: 1.77% FTSE 100: 1.77% Wall Street: 0.61% US 500: 0.57% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/K4DUoqfBBy
  • $AAPL post-earnings looks parabolic even on a log chart that split is going to juggle up the composition of the $DJIA though. Only 30 stocks and this has been like 11% of the index. Big driver about to have a smaller impact on the $Dow post-split https://t.co/7xhnvbjKLA https://t.co/cgUn1ybQ6U
  • Ripple (XRP) - This could get interesting if we close above Sunday's spike high ($0.325)...#xrp #Crypto @DailyFXTeam https://t.co/2rrL5efGBa
  • Among the FAANG members, only $AAPL seems to be carrying over the momentum from last week's earnings wave. Here is my version of the high market cap tech index overlaid on the stock https://t.co/Z6KnMefH1c
  • 🇲🇽 Markit Manufacturing PMI (JUL) Actual: 40.40 Previous: 38.60 https://www.dailyfx.com/economic-calendar#2020-08-03
Australian Dollar Price Chart: Aussie Rally at Risk into June Close

Australian Dollar Price Chart: Aussie Rally at Risk into June Close

2019-06-27 18:00:00
Michael Boutros, Strategist

The Australian Dollar is up more than 2.5% against the US Dollar since the monthly lows registered last week with the price breakout now approaching the major resistance targets. These are the updated targets and invalidation levels that matter on the Aussie price charts (AUD/USD). Review this week's Strategy Webinar for an in-depth breakdown of this Aussie setup and more.

New to Forex Trading? Get started with this Free Beginners Guide

Aussie Price Chart – AUD/USD 120min

Aussie Price Chart - Australian Dollar vs US Dollar 120min - AUDUSD Technical Outlook

Notes: In my last Aussie Weekly Price Outlook we noted that a downside break below slope support / 6900, “would once again keep the 2016 low / low-week close into focus at 6827/55- look for a more significant reaction there IF reached.” Price registered a low at 6832 last week before rebounding sharply with the rally trading within the confines of this near-term ascending channel formation.

The advance is now testing the January 3rd yearly low-day close at 7005. Note that the June opening-range high & the 2019 open stand just higher at 7022 and 7042 – we’re looking for near-term exhaustion off one of these levels. Interim support rests with the lower parallel – a downside break would expose subsequent objectives at the 61.8% retracement at 6950 and the June / weekly open at 6926/30 – losses should not surpass this support zone IF Aussie is indeed heading higher.

Learn how to Trade with Confidence in our Free Trading Guide

Bottom line: The Aussie breakout is approaching a series of major resistance targets at 7005/42 and the leave the immediate long-bias vulnerable heading into the close of June trade. From a trading standpoint, a good zone to reduce long-exposure / raise protective stops. Be on the lookout for topside exhaustion on push into the monthly highs for the pullback. Ultimately, we’ll favor fading weakness while above the Monthly open targeting a test / breach of yearly open resistance. Keep in mind we have the RBA (Reserve Bank of Australia) interest rate decision and US NFPs (Non-Farm Payrolls) on tap into the first week of July trade.

For a complete breakdown of Michael’s trading strategy, review his Foundations of Technical Analysis series on Building a Trading Strategy

Aussie Trader Sentiment (AUD/USD)

Aussie Trader Sentiment - AUD/USD Positioning - Austrlian Dollar vs US Dollar Price Chart
  • A summary of IG Client Sentiment shows traders are net-long AUD/USD - the ratio stands at +1.21 (54.7% of traders are long) – weak bearish reading
  • Traders have remained net-long since April 18th; price has moved 1.7% lower since then
  • The percentage of traders net-long is now its lowest since April 12
  • Long positions are 3.5% lower than yesterday and 21.5% lower from last week
  • Short positions are 22.0% higher than yesterday and 79.4% higher from last week
  • We typically take a contrarian view to crowd sentiment, and the fact traders are net-long suggests Aussie prices may continue to fall. Yet traders are less net-long than yesterday & compared with last week and the recent changes in sentiment warn that the current AUD/USD price trend may soon reverse higher despite the fact traders remain net-long.

See how shifts in AUD/USD retail positioning are impacting trend- Learn more about sentiment!


Relevant Australia / US Data Releases

Australia / US Data Releases - AUD/USD Economic Calendar - Aussie Outlook

Economic Calendar - latest economic developments and upcoming event risk. Learn more about how we Trade the News in our Free Guide!

Active Trade Setups

- Written by Michael Boutros, Currency Strategist with DailyFX

Follow Michael on Twitter @MBForex

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


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.