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
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
GBP/USD
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
USD/JPY
Mixed
Gold
Bullish
Oil - US Crude
Bearish
Bitcoin
Bearish
More View more
Real Time News
  • Fed's Mester: - Inflation lagging 2% target, but appears to be approaching target - The US consumer has been showing strength $DXY $SPX
  • The White House confirms that Huawei will be granted a license extension for US telecoms to use their equipment
  • Forex Update: As of 17:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.49% 🇪🇺EUR: 0.25% 🇨🇭CHF: 0.21% 🇨🇦CAD: 0.10% 🇳🇿NZD: 0.04% 🇦🇺AUD: -0.04% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/qVMDHqs1Lf
  • Technical Trade Levels: US #Dollar, $EURUSD, $USDCAD, $AUDUSD & #Gold - (Webinar Archive) - https://t.co/qvs5z2Dzy0
  • Poll: Do you think the $VIX will drop back below 10 (as it did over 50 times in 2H 2017) before this year ends?
  • Volatility is being constantly crushed, but it is holding the line at 12 thus far despite the drift higher from the underlying $SPX - VIX is theoretically zero bound https://t.co/8pQfr5CsYy
  • Indices Update: As of 17:00, these are your best and worst performers based on the London trading schedule: France 40: 0.10% Germany 30: 0.06% Wall Street: 0.05% US 500: 0.02% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/V5KtXKuoIP
  • I wrote the gold technical forecast for this week. The Trump-Powell talk doesn't change the analysis: 'Gold Forecast Supports Measured Swings as Support Breaks Fail to Spark Trend' https://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2019/11/15/Gold-Forecast-Supports-Measured-Swings-as-Support-Breaks-Fail-to-Spark-Trend.html
  • The Hong Kong Human Rights and Democracy Act is expected to be taken up for a vote in the Senate this week. The bill would require the State Department to certify once a year if Hong Kong should be allowed to keep special status under US Law.
  • RT @CVecchioFX: Similarly, when Greenspan was Fed Chairman, then-Pres Clinton also pressured him to not change policies. So, only differe…
AUD/USD Trades off of Support Before RBA

AUD/USD Trades off of Support Before RBA

2014-05-05 18:49:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

AUD/USD Trades off of Support Before RBA

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-“AUDUSD has responded to the 2011 low and 2009 high (.9386-.9405), late November high and channel resistance. Look lower as long as price is below last week’s high. Downside levels of interest are .9205 and .9138 (and watch the channel supports).”

-The rate dropped into the April low / trendline before reversing sharply. The action suggests that a recovery could materialize. I’ll look higher towards .9330/60 as long as price is above .9200. Consider that the breakdown level.

LEVELS: .9205 .9219 .9258 | .9316 .9344 .9371

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

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

DISCLOSURES

News & Analysis at your fingertips.