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
Mixed
Oil - US Crude
Bullish
Wall Street
Bullish
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • FX UPDATE: $USD remains higher against most of its major counterparts, with $AUD (-0.32%) taking the biggest hit, while continues to buck the trend $NZD (+0.01%). https://t.co/QEImLvZM8w
  • Cable's rebound has already lost traction - as have most anti-Dollar moves across the board. Which gives first for $GBPUSD, the 100-day moving average or trendline support down at 1.3800? https://t.co/pjXrPaLewA
  • Commodities Update: As of 14:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.12% Gold: -0.34% Silver: -0.62% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/hS6hnb8z1L
  • 🇺🇸 Existing Home Sales MoM (MAY) Actual: -0.9% Previous: -2.7% https://www.dailyfx.com/economic-calendar#2021-06-22
  • 💶 Consumer Confidence Flash (JUN) Actual: -3.3 Expected: -3 Previous: -5.1 https://www.dailyfx.com/economic-calendar#2021-06-22
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 86.60%, while traders in France 40 are at opposite extremes with 68.34%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/0DifXHXBLK
  • Fed's Williams - progress in labour market is still not close to the substantial further progress threshold set for asset purchases - Fed must keep a close eye on data in order to determine how temporary inflation is - Raising rates is not key issue for Fed right now
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.08% Gold: -0.38% Silver: -0.65% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/M2upzrtHtw
  • Heads Up:🇺🇸 Existing Home Sales MoM (MAY) due at 14:00 GMT (15min) Previous: -2.7% https://www.dailyfx.com/economic-calendar#2021-06-22
  • Heads Up:💶 Consumer Confidence Flash (JUN) due at 14:00 GMT (15min) Expected: -3 Previous: -5.1 https://www.dailyfx.com/economic-calendar#2021-06-22
AUD/USD – Maybe the 8th Breakout Attempt Will Work

AUD/USD – Maybe the 8th Breakout Attempt Will Work

Jamie Saettele, CMT, Sr. Technical Strategist

Daily

AUD/USD – Maybe the 8th Breakout Attempt Will Work

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-Recent comments noted that “AUD/USD price action since Brexit has been choppy and consists of overlapping waves. That alone suggests that we may be dealing with a triangle. Triangle barriers are near closing extremes of .7460 and .7700. A break of one of these levels should open the door for a directional move.” The proposed right shoulder low at .7505 is invalidation for the bulls.

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