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
Wall Street
Mixed
Gold
Bullish
GBP/USD
Mixed
USD/JPY
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
More View more
Real Time News
  • 🇯🇵 Housing Starts YoY (OCT) Actual: -8.3% Expected: -9.3% Previous: -9.9% https://www.dailyfx.com/economic-calendar#2020-11-30
  • Heads Up:🇯🇵 Housing Starts YoY (OCT) due at 05:00 GMT (15min) Expected: -9.3% Previous: -9.9% https://www.dailyfx.com/economic-calendar#2020-11-30
  • Learn why dividend stocks are favored by investors and why it might be the right choice for you here:https://t.co/VUsJFHBARb https://t.co/Brit0AFo8e
  • China National Offshore Oil Corp (CNOOC) plunged nearly 10% in Hong Kong on Monday after Trump Administration put it onto export blacklist alongside several other Chinese firms.
  • Commodities Update: As of 03:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: -0.27% Gold: -0.86% Silver: -2.49% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/o4wizaAcjD
  • Forex Update: As of 03:00, these are your best and worst performers based on the London trading schedule: 🇬🇧GBP: 0.21% 🇯🇵JPY: 0.18% 🇨🇭CHF: 0.12% 🇪🇺EUR: 0.07% 🇦🇺AUD: 0.06% 🇨🇦CAD: 0.06% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/t7tsKRwoku
  • Volatility in forex trading is a measure of the frequency and extent of changes in a currency's value. More volatility means more trading risk, but also more opportunity for traders as the price moves are larger. Learn more about volatility here: https://t.co/M04SelwdDE https://t.co/OtLcdaikP1
  • The general tone and trend for global stocks is favorable for higher prices as a new week and the final month of the year arrives.Get your #equities technical analysis from @PaulRobinsonFX here:https://t.co/KXERPuw8sL https://t.co/wtdbaIIWw3
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 94.03%, while traders in EUR/USD are at opposite extremes with 76.77%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/8T2gdjJ3Xz
  • #Copper futures storming toward $3.50 as Chinese manufacturing and non-manufacturing PMI exceed market expectations Prices look set to challenge key resistance at the 127.2% Fib extension as RSI and MACD climb to their highest levels since July. $CPER #XCUUSD https://t.co/gdtX56jYP5
AUD/USD Early Year Trendline Test

AUD/USD Early Year Trendline Test

2017-01-05 19:51:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

AUD/USD Early Year Trendline Test

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-Remember, “AUD/USD has followed through on its outside week reversal (lower) so broad focus is still lower”…and “a bear flag has formed, suggesting that the broader move lower is resuming…the last week or so of sideways trade is seen as nothing more than a pause until weakness resumes towards .7000.” Put up or shut up time for bears in Aussie. Strength through .7370 would do structural damage to the bear case and strength towards 2016 range highs would start to become more of a reality.

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

DISCLOSURES