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
EUR/USD
Bullish
Oil - US Crude
Bearish
Wall Street
Mixed
Gold
Bearish
GBP/USD
Bearish
USD/JPY
Bullish
More View more
Real Time News
  • #Euro has rebounded off near-term downtrend support and the focus is on this near-term recovery. Get your $EURUSD technical analysis from @MBForex here:https://t.co/NmlEuNyfo6 https://t.co/Txjym8OG71
  • Heads Up:🇳🇿 Building Permits MoM (AUG) due at 21:45 GMT (15min) Previous: -4.5% https://www.dailyfx.com/economic-calendar#2020-09-29
  • Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.86% 🇪🇺EUR: 0.67% 🇨🇭CHF: 0.59% 🇬🇧GBP: 0.18% 🇨🇦CAD: -0.14% 🇯🇵JPY: -0.17% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/wQGKBz35p4
  • That is very disturbing news. Disney has announced it will layoff 28,000 employees owing to its struggle at theme parks. That follow up stimulus plan is even more necessary in the US
  • Disney plans to lay off 28,000 park employees. $DIS shares are 1.5% lower following the announcement
  • Commodities Update: As of 20:00, these are your best and worst performers based on the London trading schedule: Silver: 2.37% Gold: 0.91% Oil - US Crude: -0.03% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/OcKlpGbJvJ
  • #Gold Price Outlook: $XAUUSD Pops, Resistance at Prior Support - https://t.co/ZMukXQfl3z https://t.co/ApjvP4xb1F
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.19%, while traders in EUR/USD are at opposite extremes with 61.70%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/2yhFXRJBjw
  • Micron Q4 2020 Earnings: Revenue: $6.06B vs $5.90B exp EPS: $1.08 vs $0.99 exp Guides Q1 revenue $5B to $5.4B vs $5.33B exp $MU shares just 1% higher in after-hours trading
  • Regeneron reports positive data for its Covid-19 antibody drug, saying it helped reduce viral levels and improved symptoms faster, according to CNBC
AUD/USD – Pressing Major Breakout Line for 4th Time in 2016

AUD/USD – Pressing Major Breakout Line for 4th Time in 2016

2016-09-22 19:24:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

AUD/USD – Pressing Major Breakout Line for 4th Time in 2016

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-I had been looking for support in Aussie near .7380 (October and December 2015 highs and the 200 day average is just above those levels) but the immediate return to major resistance puts AUD/USD on ‘breakout alert’. Price must remain above .7442 in order to maintain a constructive near term outlook.

For more analysis and trade setups (exact entry and exit), visit SB Trade Desk

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

DISCLOSURES