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
EUR/USD
Bearish
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
Wall Street
Bearish
Gold
Bearish
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
Bearish
USD/JPY
Mixed
More View more
Real Time News
  • Fed's Kashkari: Maximum employment means at the very least back to pre-COVID levels of employment
  • Fed's Kashkari: - I am opposed to rate hikes at least through 2023 - The labor market is still in a deep hole; it will take some time to get people reattached to the work force
  • Fed's Kashkari: - The Fed's interest rate dot plot has provided too-hawkish guidance in the past, I am in favor of getting rid of it - I don't believe the Delta variant of COVID will force the US to return to lockdown
  • Fed's Kashkari: - The Fed is in a decent financial position, therefore it is fine to talk about tapering monthly asset purchases - I am not seeing evidence of unanchored inflation expectations, but if that does occur then we would need to adjust
  • Fed's Kashkari: - The benefits of reducing MBS purchases first would be modest - It may take longer than September to judge progress on labor supply
  • Fed's Kashkari: - Fed funds rate should remain unchanged through 2023 - When it is time to taper, the best case scenario is to stick to the same plan as before
  • Fed's Kashkari: - Inflationary indicators have been higher than predicted, but this is expected to be temporary - Although the success against COVID is inspiring, it is still too early to declare victory
  • Commodities Update: As of 18:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: -0.06% Silver: -0.11% Gold: -0.11% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/jXEy4TGAZL
  • GBP/USD IG Client Sentiment: Our data shows traders are now at their most net-long GBP/USD since Apr 12 when GBP/USD traded near 1.37. A contrarian view of crowd sentiment points to GBP/USD weakness. https://www.dailyfx.com/sentiment https://t.co/oqggIco9Rb
  • USD/CAD breaks out of its multi-week trading range. Client sentiment data shows traders cutting back their long positions. Get your $USDCAD market update from @nickcawley1 here:https://t.co/0jaBKT1c1p https://t.co/tcRug98zDc
AUD/USD Next Possible Level for a Bounce is .8750

AUD/USD Next Possible Level for a Bounce is .8750

Jamie Saettele, CMT, Sr. Technical Strategist

Weekly

AUD/USD Next Possible Level for a Bounce is .8750

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“AUDUSD arguably completed a head and shoulders top today. The pattern’s objective is .8971 but there is possible support from .9135 (2 equal legs down and former highs from March).”

-The target was reached 4 days after the pattern completed but AUDUSD has continued lower after a bounce on 9/16. Currently trading near the August 2013 low at .8847, the next possible support is .8750/55. Resistance is estimated at .8950-.9000.

--Tradingideas are availabletoJ.S. Trade Desk members.

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

DISCLOSURES