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. See our updated Privacy Policy here.

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
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 93.27%, while traders in Wall Street are at opposite extremes with 74.65%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/orpLlzI8tP
  • Heads Up:🇲🇽 Economic Activity YoY (MAY) due at 11:00 GMT (15min) Expected: 24.1% Previous: 22.3% https://www.dailyfx.com/economic-calendar#2021-07-27
  • Heads Up:🇲🇽 Balance of Trade (JUN) due at 11:00 GMT (15min) Expected: $1.7B Previous: $0.34B https://www.dailyfx.com/economic-calendar#2021-07-27
  • Get our analysts’ view on the key fundamentals for Oil in Q3. Download now. https://t.co/bXrPHkaSCn https://t.co/EcOfrs8wkC
  • Commodities Update: As of 10:00, these are your best and worst performers based on the London trading schedule: Gold: -0.02% Oil - US Crude: -0.03% Silver: -0.26% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/5W9vs4zNv4
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.25% 🇪🇺EUR: -0.17% 🇨🇭CHF: -0.26% 🇬🇧GBP: -0.29% 🇦🇺AUD: -0.39% 🇳🇿NZD: -0.67% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/EGG1xnoa9b
  • 🇫🇷 Unemployment Benefit Claims (JUN) Actual: -72.5K Previous: -133.7K https://www.dailyfx.com/economic-calendar#2021-07-27
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: France 40: -0.31% US 500: -0.32% Wall Street: -0.43% FTSE 100: -0.52% Germany 30: -0.56% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/sdXZWMMXuq
  • 🇬🇷 Unemployment Rate (MAY) Actual: 15.9% Previous: 17.1% https://www.dailyfx.com/economic-calendar#2021-07-27
  • Heads Up:🇬🇷 Unemployment Rate (MAY) due at 10:00 GMT (15min) Actual: 15.9% Previous: 17.1% https://www.dailyfx.com/economic-calendar#2021-07-27
Australian Dollar Testing December High

Australian Dollar Testing December High

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_aud-usd_body_audusd.png, Australian Dollar Testing December High

Prepared by Jamie Saettele, CMT

There are several interpretations of wave structure from the July high (including a bullish triangle and bearish triangle as wave B from the October low) but most point higher over the next few weeks towards 10575 (100% extension of rally from 9663). The AUDUSD is currently testing the December high and the 200 day average looms just above 10400, so a pullback isn’t out of the question. Support is 10310/30 and risk on longs can be moved to 10200.

Other TA Articles

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

DISCLOSURES