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
  • Between the volatile risk trend picture at the moment along with the Fed rate decision and expected 100bp hike from the Brazilian central bank both on Wednesday, $USDBRL is going to be a very interesting pair to watch...
  • RT @EricBalchunas: $SPY traded more than the Top 5 stocks combined. Just when you think $SPY is fading away like an aging legend you realiz…
  • Bitcoin sharply lower on the day, but well off session lows around $42,500 $BTCUSD #Bitcoin https://t.co/mPiZMs8eYH
  • You know what index didn't suffer an overtly threatening reversal this past session? The Russell 2000. It didn't continue the same steady climb through 2021 that the Dow, SPX and Nasdaq enjoyed; so not as much excess premium https://t.co/ieHojAC7b5
  • USD/JPY extends the rebound from the weekly low (109.11) as the stronger-than-expected US Retail Sales report fuels speculation for an imminent shift in monetary policy. Get your $USDJPY market update from @DavidJSong here:https://t.co/Rozq62yAou https://t.co/toaAHiCavK
  • S&P 500 Sinks on Evergrande Risks Ahead of FOMC, Airline Stocks’ Outlook Brightens #trading $SPX $NDX $DJIA $JETS $AAL $DAL $LUV $UAL https://t.co/tBmej9p6sq
  • There was some serious BTD action in that final hour of New York trade. With the FOMC on Wednesday, the freeze usually associated with anticipating a big event could help curb a deeper slump. If risk aversion continues despite the attention, it would concern me.
  • The S&P 500 staged a late-day rally, but still closed down by roughly 1.7% $SPX $SPY $ES https://t.co/SjbbOUXtiV
  • *FAUCI: GOOD CHANCE OF VACCINE FOR CHILDREN BEFORE END-OCT $SPX $NDX $USD
  • Gold posting decent gains for the session, up just shy of 0.5% as risk-assets broadly decline $XAUUSD #Gold https://t.co/uCYLg6Eqjy
FOREX Technical Analysis: AUD/USD Trades Through December High

FOREX Technical Analysis: AUD/USD Trades Through December High

Jamie Saettele, CMT, Sr. Technical Strategist

Weekly Bars

eliottWaves_aud-usd_body_audusd.png, FOREX Technical Analysis: AUD/USD Trades Through December High

Chart Prepared by Jamie Saettele, CMT

FOREXAnalysis: The AUDUSD traded through the December high, negating anything bearish in the near term. The September high is now of interest at 10624. Just as important is the intraweek break above the trendline that extends off of the 2011 (July) and 2012 (March and December) highs.

FOREXTrading Strategy: Wait to see how the week closes before deciding whether or not to go with this rally.

LEVELS: 10496 10527 10564 10624 10730 10856

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

DISCLOSURES