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
Bullish
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
Bullish
Bitcoin
Bearish
More View more
Real Time News
  • My trading video for today: 'Dow and Apple Bow to #Coronavirus While Dollar Drives Different $EURUSD,$USDJPY Paths' https://www.dailyfx.com/forex/video/daily_news_report/2020/02/19/Dow-and-Apple-Bow-to-Coronavirus-While-Dollar-Drives-Diferent-EURUSDUSDJPY-Paths.html?ref-author=Kicklighter&CHID=9&QPID=917719
  • Forex Update: As of 03:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.14% 🇦🇺AUD: 0.11% 🇨🇦CAD: 0.09% 🇬🇧GBP: 0.00% 🇨🇭CHF: -0.01% 🇯🇵JPY: -0.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/GhLoASjGfG
  • China reportedly mulling cash injections and mergers to aide local airlines adversely impacted by the #coronavirus outbreak -BBG
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.04%, while traders in France 40 are at opposite extremes with 81.26%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/A25EJZ6YHA
  • RT @Trinhnomics: #Headline: Chinese companies say they can't afford workers right now. So if companies don't pay workers (reduce input cos…
  • The $USD may reclaim some of its lost territory against the Swedish Krona and Norwegian Krone ahead of the release of the #FOMC minutes and Iran election. Get your market update from @ZabelinDimitri here: https://t.co/KjkR8mJu8s https://t.co/E3Sw7xO8Nh
  • Asia Pacific Equities Update: Nikkei 225 (+0.61%), Shanghai Composite (-0.05%), ASX 200 (+0.18%), KOSPI (+0.06%) [delayed] -BBG
  • If you missed this week's session on IG Client Sentiment where I discussed the outlook for $USDCAD, $EURUSD and $GBPJPY, check out the recording on YouTube below and stay tuned for a write-up later today! - https://t.co/EMDwJz3bzO
  • The #JapaneseYen continues to struggle against the #USDollar but there seems little appetite to push #USDJPY much beyond a range which has tended to reassert itself since late last year. #EURJPY https://www.dailyfx.com/forex/technical/home/analysis/usd-jpy/2020/02/19/Japanese-Yen-Holds-US-Dollar-Close-to-Key-Range-Top.html?utm_source=Twitter&utm_medium=Cottle&utm_campaign=twr
  • RT @YuanTalks: #China confirmed 1749 new cases of coronavirus, taking the total number of confirmed cases to 74,185 as of Tue, and the numb…
AUD/USD Classical 02.07

AUD/USD Classical 02.07

2011-02-07 06:29:00
Joel Kruger, Technical Strategist
Share:
AUDUSD_Classical_body_aud2.png, AUD/USD Classical 02.07

AUD/USD: Rallies look to have stalled out for now just shy of 1.0200 after the market managed to put in a bearish close on Friday to suggest that the key highs by 1.0260 will remain intact. However, for the reversal to play out, we would need to see a break and close back below 1.0110 on Monday. A close below 1.0110 should help to increase downside pressure, while back below 1.0055 will accelerate declines.

Written by Joel Kruger, Technical Currency Strategist for DailyFX.com

If you wish to receive Joel's reports in a more timely fashion, e-mail instructor@dailyfx.com and you will be added to the "distribution" list.

If you wish to discuss this topic or any other feel free to visit our Forum page

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

DISCLOSURES

News & Analysis at your fingertips.