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
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
GBP/USD
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
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
Gold
Mixed
Oil - US Crude
Bullish
Bitcoin
Bearish
More View more
Real Time News
  • Heads Up:🇦🇺 AUD CBA Australia PMI Services (FEB P) due at 22:00 GMT (15min), Actual: N/A Expected: N/A Previous: 50.6 https://www.dailyfx.com/economic-calendar#2020-02-20
  • Heads Up:🇦🇺 AUD CBA Australia PMI Mfg (FEB P) due at 22:00 GMT (15min), Actual: N/A Expected: N/A Previous: 49.6 https://www.dailyfx.com/economic-calendar#2020-02-20
  • Heads Up:🇦🇺 AUD CBA Australia PMI Composite (FEB P) due at 22:00 GMT (15min), Actual: N/A Expected: N/A Previous: 50.2 https://www.dailyfx.com/economic-calendar#2020-02-20
  • Commodities Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Gold: 0.46% Oil - US Crude: -0.11% Silver: -0.38% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/8H6xUIYSYE
  • The Philadelphia Fed Business Survey hit its highest point since February of 2017 this morning, currently at 36.70 https://t.co/EtstOOuwr2
  • Crude #oil prices have been bolstered by receding market angst around the novel #coronavirus outbreak as well as prospects for more oil supply cuts from #OPEC next month. Get your crude oil market update from @RichDvorakFX here: https://t.co/O17Hpo44V1 #OOTT https://t.co/VCUf0amr5n
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.94%, while traders in France 40 are at opposite extremes with 78.74%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/q26NrU58ec
  • IMF Director Kristalina Georgieva: "Uncertainty is becoming the new normal". Looking at the Global Economic Policy Uncertainty Index certainly seems to suggest that. Not entirely by coincidence, the global aggregate of negative-yielding debt is also swelling again. https://t.co/EPSnwSssnE
  • Commodities Update: NYM WTI Crude 53.78 (+0.92%), ICE Brent Crude 59.32 (+0.34%), NYM NYH Gasoline 166.80 (+0.28%). [delayed]
  • Precious Metals Update: #Gold 1,620.00 (+0.52%), #Aluminum 1,720.00 (+0.00%), and #Copper 5,770.00 (-0.05%) [delayed]
AUD/USD Classical 02.16

AUD/USD Classical 02.16

2011-02-16 07:27:00
Joel Kruger, Technical Strategist
Share:
AUDUSD_Classical_body_aud2.png, AUD/USD Classical 02.16

AUD/USD: Rallies continue to remain very well capped ahead of 1.0200 to suggest that the key post-float record highs from late 2010 by 1.0260 will remain intact. Last Thursday’s sharp bearish reversal and Friday’s subsequent break back below parity now open the door for additional declines towards next key multi-day range support by 0.9800 over the coming days. Any intraday rallies should now be very well capped ahead of 1.0135.

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.