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
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
Gold
Mixed
GBP/USD
Bearish
USD/JPY
Bearish
More View more
Real Time News
  • JP Morgan sets bond sale at $13 billion, biggest ever for a bank - BBG $JPM
  • Fed's Daly: - Inflation is unlikely to rise unnecessarily - Fed has not reached point in time where it would consider tapering
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Silver: 1.95% Gold: 1.76% Oil - US Crude: -0.15% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/rdHJz8jeUV
  • FTSE gained some momentum in recent trade. Test of big resistance over 7000 is important. Get your #FTSE market update from @PaulRobinsonFX here:https://t.co/nHvRtdyQ88 https://t.co/oR6dv1Nh4G
  • Fed's Daly: - Both the inflation and wage expectations are out of reach - We remain far from both inflation and employment targets - Monetary policy is a blunt instrument; other instruments are needed to maintain financial stability
  • Fed's Logan: - LIBOR transformation has made substantial strides - Aim of loosening counterparty rules is to make it easier for small money market funds to enter the market
  • Australian #Dollar Outlook: $AUDUSD Rips into April- #Aussie Breakout Levels - https://t.co/Zha7oaH2qQ https://t.co/dc93LMUuX4
  • Fed's Logan: - Fed intends to loosen counterparty conditions for overnight reverse repo facility counterparties - Any changes to the makeup of treasury purchases would be modest and technical adjustments to match the outstanding debt
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 91.92%, while traders in France 40 are at opposite extremes with 78.08%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/hMrnFoyKoF
  • Fed's Daly: - Frequency of Fed's market interventions is concerning - Fed market interventions are costly
AUD/USD Could Reach .9570-.9620 before Being Pressured Again

AUD/USD Could Reach .9570-.9620 before Being Pressured Again

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

eliottWaves_aud-usd_body_audusd.png, AUD/USD Could Reach .9570-.9620 before Being Pressured Again

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader

-AUDUSD 10/23 outside day reversal is consistent with the AUDUSD transitioning from an uptrend to something else (sideways or downtrend). The rally from the August low consists of 2 converging lines and price is below the support line.

-Bigger picture, the advance reversed in the vicinity of the June high (.9791), 2008 high (.9849) and at the channel that originates from the October 2012 low.

Trading Strategy: Look lower as long as price is below .9525 (Thursday high) towards cited supports. Exceeding Thursday’s high would open up towards .9580-.9620 (where I’ll be looking to go short).

LEVELS: .9388 .9420 .9463 | .9527 .9570 .9620

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

DISCLOSURES