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
Search results
No entries matching your query were found.
English Français 中文（繁體） 中文（简体）
Free Trading Guides
Subscribe
Please try again
EUR/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
EUR/USD Latest – Ranging Ahead of Next Week’s US Data and FOMC Minutes
2022-05-20 10:20:00
Rising Rates and Volatility are Features, Not Bugs: Top Trade Opportunities
2022-05-20 08:00:00
Oil - US Crude
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
Crude Oil Forecast Relegated to Volatile Range Until Either 115 or 100 Breaks
2022-05-21 02:00:00
Crude Oil Technical Outlook: WTI Leaves Behind Bearish Warning Sign, More Pain Next?
2022-05-19 03:30:00
Wall Street
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
S&P 500, Nasdaq, Dow Technical Forecast: Seven-Week Slide Eyes Support
2022-05-20 14:00:00
How to Research Stocks: A Step by Step Guide
2022-05-20 01:00:00
Gold
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
Gold Price Rebound May Fail as Top Central Bankers Sound Off
2022-05-22 00:00:00
Gold (XAU/USD) Rises on Lower Yields, Softer USD and Recession Risks
2022-05-20 08:30:00
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
British Pound Forecast: GBP/USD Rallies on Positive UK Data, US Dollar Weakness
2022-05-20 16:00:00
Monthly Forex Seasonality – May 2022: Typically a Good Month for USD
2022-05-19 20:00:00
USD/JPY
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
Japanese Yen Outlook: USD/JPY May Head Lower if US Yields Continue to Retreat
2022-05-20 15:05:00
Swiss Franc Boost Continues After Hawkish Turn from SNB While US Dollar Sinks
2022-05-20 05:00:00
More View more
Australian Dollar Range Takes Hold

Australian Dollar Range Takes Hold

Jamie Saettele, CMT, Sr. Technical Strategist

Daily Bars

eliottWaves_aud-usd_body_audusd.png, Australian Dollar Range Takes Hold

Prepared by Jamie Saettele, CMT

The AUDUSD decline may still compose a corrective 4th wave. I wrote yesterday that “there is room for weakness towards channel support and the 20 day average.” The 20 day average continues to hold and channel support is at about 10633 today (Thursday). I am sticking with the 4th wave correction scenario but am moving risk up to 10625.

Bottom Line – Long, stop 10625, target open

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

DISCLOSURES

Related Articles

AUDUSD Elliott Wave Forecasts a Bounce Towards 76 to 78 Cents
AUDUSD Elliott Wave Forecasts a Bounce Towards 76 to 78 Cents
2018-08-02 02:12:00
AUD/USD 2018 Forecast Includes a Smooth Start and Rough Finish
AUD/USD 2018 Forecast Includes a Smooth Start and Rough Finish
2017-12-28 23:39:00
AUD/USD Technical Forecast: Searching for a Bottom
AUD/USD Technical Forecast: Searching for a Bottom
2017-11-14 23:36:00
AUD/USD Technical Forecast: Sideways to Higher Trading
AUD/USD Technical Forecast: Sideways to Higher Trading
2017-10-16 20:42:00
Advertisement

Rates

AUD/USD
Mixed