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
Mixed
Oil - US Crude
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
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
Bullish
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • SEC Chair Gensler: -SEC to release report on trading frenzy by summer -Asking SEC staff for more clarity on swaps -SEC to provide greater clarity around crypto custody -Congress should set a regulatory framework for crypto markets
  • Dogecoin dropped roughly 17% after reaching an all-time high yesterday. Next up for Doge – Elon Musk’s SNL debut on May 8th. Get your market update from @RichardSnowFX here:https://t.co/6fGEahgeoQ https://t.co/V5pglrSUxI
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 86.91%, while traders in France 40 are at opposite extremes with 75.59%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/SAHpCwJ522
  • Heads Up:🇺🇸 Fed Mester Speech due at 17:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-05-06
  • Heads Up:🇺🇸 Fed Bostic Speech due at 17:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-05-06
  • Commodities Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Silver: 3.41% Gold: 1.60% Oil - US Crude: -1.15% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/iDYgL8DuYX
  • Forex Update: As of 16:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.60% 🇨🇭CHF: 0.42% 🇪🇺EUR: 0.38% 🇳🇿NZD: 0.07% 🇯🇵JPY: 0.07% 🇬🇧GBP: -0.14% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/FjanFfWVE9
  • Indices Update: As of 16:00, these are your best and worst performers based on the London trading schedule: Wall Street: 0.49% US 500: 0.27% Germany 30: 0.26% France 40: 0.21% FTSE 100: 0.18% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/jU8pwdzPYc
  • EUR/USD holding proven support level. Pullback may be over, but hurdles yet to cross. Get your $EURUSD market update from @PaulRobinsonFX here:https://t.co/v06OWd3Vqp https://t.co/acFOm0Jtq9
  • The price of oil pulls back from a fresh monthly high ($66.76) despite a larger-than-expected contraction in US inventories. Get your market update from @DavidJSong here: https://t.co/uxLol8LbDH https://t.co/7pcNZa2kSC
AUD/USD Small Coil Below Channel Resistance

AUD/USD Small Coil Below Channel Resistance

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

AUD/USD Small Coil Below Channel Resistance

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

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

-“Today’s (2/26) reversal comes just shy of channel resistance. As long as price is contained by channel resistance, downside resolution remains possible.” AUDUSD is at new lows and focus now shifts to the lower end of the channel in the low .70s but channel resistance must hold. A push above would indicate an important behavior change.

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

DISCLOSURES