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.

Free Trading Guides
EUR/USD
Bullish
GBP/USD
Mixed
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
USD/JPY
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
Gold
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
Oil - US Crude
Mixed
Bitcoin
Bearish
More View more
Real Time News
  • #USDCHF pivot points (daily) – S3: 0.9819, S2: 0.9853, S1: 0.9866, R1: 0.9901, R2: 0.9922, R3: 0.9957- https://www.dailyfx.com/pivot-points?ref=SubNav?utm_source=Twitter&utm_medium=DFXGeneric&utm_campaign=twr
  • The #Euro snapped downward to overturn a would-be bullish breakout, signaling that sellers have reclaimed the initiative. Will they follow through this time? Get your market update from @IlyaSpivak here:https://t.co/RdAMU0QFYu https://t.co/inKMNJuyj5
  • En español: ¿Qué es el DAX 30? Guía del trader sobre el #DAX30 #GER30 #trading https://t.co/5ERZBPd4hf https://t.co/00FPI76keU
  • Lowe: Weakness in consumption growth was GDP surprise $AUDUSD
  • ...and despite the surge in volatility last week (over 55% jump from the Nov 26 low to Dec 3 high), the net speculative short futures position barely budged https://t.co/or2EZnslUc
  • Lowe: Confident consumers will spend more, but many people have high debt so spending takes longer $AUD
  • RBA's Lowe: GDP outcome was broadly in line with expectations $AUDUSD
  • The $VIX went through a wild ride this past session. Looks like there is far more uncertainty under the surface than what the SPX itself is showing https://t.co/zDiCZMc12q
  • RT @Fxhedgers: "U.S tariffs on Chinese imports still scheduled to go on Dec 15th, China is preparing for those tariffs to go active." : tra…
  • $AUDJPY may be breaking under a Rising Wedge. Still plenty of event risk this week to drive price action for the sentiment-linked pair (#Fed, #tradewars, #UKelection2019, and more). A daily close under 73.36 could pave the way to revisit October lows - https://www.dailyfx.com/forex/analyst_picks/todays_picks/daniel_dubrovsky/2019/11/07/FX-Trading-Setups-in-AUDJPY-On-US-China-Trade-Talk-Outcomes.html?CHID=9&QPID=917702 https://t.co/EPUOuSqy6V
AUD/USD Key Reversal at Top of the Range

AUD/USD Key Reversal at Top of the Range

2017-03-21 19:22:00
Jamie Saettele, CMT, Sr. Technical Strategist
Share:

Daily

AUD/USD Key Reversal at Top of the Range

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

-AUD/USD is back at the top of the range. Since the April 2016 top, every poke above .7700 has failed. I wrote recently that “the October and December 2015 highs at .7380 is of interest as long as price is under the February high.” .7380s might not be in the cards following the surge from near the 200 day average. I’m on breakout alert but would allow for a drop back near .7609/32.

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

DISCLOSURES

News & Analysis at your fingertips.