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.

Free Trading Guides
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
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
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
Gold
Mixed
GBP/USD
Mixed
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
More View more
Real Time News
  • The $AUD may suffer as relations between Australia and China deteriorate amid dwindling growth prospects. Euro traders will be closely watching progress in talks about a €500b recovery fund proposal. Get your market update from @ZabelinDimitri here:https://t.co/LkEFJViPWY https://t.co/1X34MD9j2R
  • Signals from retail trader positioning hint that the FTSE 100 and S&P 500 could have room for weakness ahead as the CAC 40 attempts to climb towards key resistance. Get your European #equities update from @ddubrovskyFX here:https://t.co/gepciUHqxT https://t.co/BAJ9f1nTwE
  • 🇯🇵 Retail Sales YoY Actual: -13.7% Expected: -11.5% Previous: -4.7% https://www.dailyfx.com/economic-calendar#2020-05-28
  • 🇯🇵 Industrial Production YoY Prel Actual: -14.4% Previous: -5.2% https://www.dailyfx.com/economic-calendar#2020-05-28
  • 🇯🇵 Retail Sales YoY Actual: -13.7% Expected: -11.5% Previous: -4.6% https://www.dailyfx.com/economic-calendar#2020-05-28
  • Heads Up:🇯🇵 Retail Sales YoY due at 23:50 GMT (15min) Expected: -11.5% Previous: -4.6% https://www.dailyfx.com/economic-calendar#2020-05-28
  • Heads Up:🇯🇵 Industrial Production YoY Prel due at 23:50 GMT (15min) Previous: -5.2% https://www.dailyfx.com/economic-calendar#2020-05-28
  • 🇯🇵 Unemployment Rate Actual: 2.6% Expected: 2.7% Previous: 2.5% https://www.dailyfx.com/economic-calendar#2020-05-28
  • Heads Up:🇯🇵 Unemployment Rate due at 23:30 GMT (15min) Expected: 2.7% Previous: 2.5% https://www.dailyfx.com/economic-calendar#2020-05-28
  • The US Dollar has fallen substantially this week as the Dollar Basket (DXY) skirts the edge of lower-lows as it forfeits the ground it captured in the March rally. Get your $USDCAD market update from @PeterHanksFX here: https://t.co/JW6ohifDeF https://t.co/twToadCrtr
AUDUSD 2 Year Trendline is Below Parity This Week

AUDUSD 2 Year Trendline is Below Parity This Week

2012-05-09 21:49:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Weekly Bars

eliottWaves_aud-usd_body_audusd.png, AUDUSD 2 Year Trendline is Below Parity This Week

Prepared by Jamie Saettele, CMT

I’m looking towards the trendline that extends off of the May 2010 and October 2011 lows. That line is at about 9970 this week. Another level of interest is the December 2011 low at 9860 (in line with the July 2008 top at 9849). 10100/30 is resistance and the most aggressive short term count is bearish against Monday’s 10218 high.

Ideas: short into 10100/30, stop 10250, target 9860

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

DISCLOSURES

News & Analysis at your fingertips.