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
GBP/USD
Mixed
USD/JPY
Bullish
Gold
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
Oil - US Crude
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
Bitcoin
Bearish
More View more
Real Time News
  • Speaking on financial stability. A topic close to my heart - as it should be for everyone as it can crush you whether you appreciate it or not... https://t.co/vphKbyzCCj
  • Join @JStanleyFX 's weekly #webinar on trading price action at 1:00 PM ET/6:00 PM GMT. Register here: https://t.co/rFhWzz0pIy https://t.co/vE7G1okaws
  • Another perspective of volatility compression, here is $VIX with the 20-day historical range (as a percentage of spot) dropping to a Dec 2013 low https://t.co/nCJKfNfYB7
  • Indices Update: As of 17:00, these are your best and worst performers based on the London trading schedule: Germany 30: -0.09% France 40: -0.10% Wall Street: -0.29% US 500: -0.33% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/IN6lmQMzVD
  • S&P: Does not see reason for immediate Pemex downgrade $MXN
  • RT @EdwardLawrence: House Speaker Nancy Pelosi says that even if there is an agreement on USMCA today there may not be enough time to set a…
  • #Oil Price Outlook: #Crude Surges 6% in Two Days – $WTI Resistance Ahead - https://t.co/ruNrRIHJ9m https://t.co/2GuFI5SF1Z
  • $USDCAD: To the upside the 23.6% Fib retracement level at 1.3335 guards the three recent highs around 1.3346-1.3348. Get your market update from @nickcawley1 here:https://t.co/YKysx1Zs4W https://t.co/IO8ygwoekW
  • An interesting technical progression from the $SPX. It is clearing its short-term (10-day) moving average, marginal bearish progress on a close basis but also an 'inside day' https://t.co/b9BAVrh2S6
  • Is the US labor market starting to come under pressure? https://t.co/6NmazVKY0C
AUD/USD Breaks Below Trendline and Month Open Price

AUD/USD Breaks Below Trendline and Month Open Price

2014-05-20 19:50:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

AUD/USD Breaks Below Trendline and Month Open Price

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“AUDUSD didn’t quite trade to .9412 before trading lower. The rate is having issues with .9400 generally (including at the early April top, when the rate closed above .9400 twice before failing).”

-Tuesday’s action (trendline break and month open break) makes a strong case that the larger trend has reversed (lower).

LEVELS: .9166 .9201 .9219 | .9271 .9288 .9317

--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.