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
Oil - US Crude
Mixed
Wall Street
Bearish
Gold
Mixed
GBP/USD
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
USD/JPY
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
More View more
Real Time News
  • 🇫🇷 Inflation Rate YoY Prel (FEB) Actual: 0.4% Expected: 0.3% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2021-02-26
  • Heads Up:🇨🇭 GDP Growth Rate YoY (Q4) due at 08:00 GMT (15min) Expected: -2.1% Previous: -1.6% https://www.dailyfx.com/economic-calendar#2021-02-26
  • Heads Up:🇭🇺 Unemployment Rate (JAN) due at 08:00 GMT (15min) Previous: 4.2% https://www.dailyfx.com/economic-calendar#2021-02-26
  • Heads Up:🇪🇺 European Council Meeting due at 08:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-02-26
  • Euro Price Forecast: EUR/USD at Risk of Reversal with US PCE Data on Tap - https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2021/02/26/Euro-Price-Forecast-EURUSD-at-Risk-of-Reversal-with-US-PCE-Data-on-Tap.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Moss&utm_campaign=twr $EUR $EURUSD $USD https://t.co/yWVMPYbKuE
  • Heads Up:🇫🇷 Inflation Rate YoY Prel (FEB) due at 07:45 GMT (15min) Expected: 0.3% Previous: 0.6% https://www.dailyfx.com/economic-calendar#2021-02-26
  • Want to make trading decisions with confidence? Download you free guide to avoid hesitations in your trading decisions.https://t.co/00I3lH90OD #DailyFXGuides https://t.co/IbrlAH7b4T
  • ECB's Lane says if market optimism moves ahead of economy, the ECB has more ammo if there is another shock $EUR
  • (ASEAN Tech) US Dollar Breakouts Seek Follow-Through: USD/SGD, USD/PHP, USD/THB, USD/IDR #USD $USDSGD $USDPHP $USDTHB $USDIDR https://www.dailyfx.com/forex/technical/article/special_report/2021/02/26/US-Dollar-Breakouts-Seek-Follow-Through-USDSGD-USDPHP-USDTHB-USDIDR.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/6kqns9pciM
  • Heads Up:🇬🇧 Nationwide Housing Prices YoY (FEB) due at 07:00 GMT (15min) Previous: 6.4% https://www.dailyfx.com/economic-calendar#2021-02-26
AUDNZD - Eyes On Rising Trend-line

AUDNZD - Eyes On Rising Trend-line

Paul Robinson, Strategist

Talking Points:

  • AUDNZD 4-HR trend-line in focus after repeated retest
  • The pair bumped its head on resistance the past two days
  • In the short run, who will win this sibling rivalry?

The rising trend-line on the 4-hr chart of AUDNZD is beginning to pique my interest, especially given the proximity of repeated touches. Trend-lines tend to become increasingly unreliable after successive test. As a rule of thumb, trend-lines are to be trusted until broken. With that said, I will continue to give it the benefit of the doubt, but with a convincing closing 4-hr bar below that sentiment will quickly change.

AUDNZD – 4-HR: Nov ’14 – Present

AUDNZD - Eyes On Rising Trend-line

--- Written by Paul Robinson, DailyFX Research

To contact Paul, you can email him at instructor@dailyfx.com

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

DISCLOSURES