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
Mixed
GBP/USD
Bearish
USD/JPY
Bullish
Gold
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
Oil - US Crude
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
Bitcoin
Mixed
More View more
Real Time News
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: US 500: -0.10% Wall Street: -0.12% France 40: -0.22% Germany 30: -0.28% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/utmcDfNHPB
  • AUD/USD, NZD/USD Sink as China Rate Cuts Fails to Impress - https://www.dailyfx.com/forex/market_alert/2020/02/20/AUDUSD-NZDUSD-Sink-as-China-Rate-Cuts-Fails-to-Impress.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #AUDUSD #NZDUSD #China #coronavirus https://t.co/xjl2XtZEZd
  • 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/51oFw7ISTx
  • ...and this is why I am constantly stressing the need for technical confirmation. Without that, a premature #CADJPY short would have been disastrous https://t.co/XV2uFK1Inv
  • The US Dollar’s aggressive rise versus #ASEAN currencies such as the Singapore Dollar, Indonesian #Rupiah, Malaysian #Ringgit and Philippine Peso prolonged. What is the technical road ahead? $USDSGD #USDIDR $USDMYR $USDPHP - https://www.dailyfx.com/forex/technical/article/special_report/2020/02/20/US-Dollar-Technical-Forecast-USDSGD-USDIDR-USDMYR-USDPHP.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/KDfEAWHOUW
  • Japan 20-year bond bid/cover ratio at 3.99 (BBG)
  • My trading video for today: 'Nasdaq Leads the Uneven Risk Advance, $USDJPY Tears Attention from $EURUSD' https://www.dailyfx.com/forex/video/daily_news_report/2020/02/20/Nasdaq-Leads-the-Uneven-Risk-Advance-USDJPY-Tears-Attention-from-EURUSD-.html?ref-author=Kicklighter&CHID=9&QPID=917719
  • Read this thread. https://t.co/T7MdCif6cI
  • Major risk aversion permeating APAC markets with the Japanese Yen surging against the commodity-linked #NZD and #AUD with Asian equities generally in red https://t.co/u4eK8CUoWb
  • Commodities Update: As of 03:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: 0.26% Silver: 0.02% Gold: -0.05% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/EYr0Prx7LL
AUD/USD Classical Technical Report 10.05

AUD/USD Classical Technical Report 10.05

2011-10-05 06:14:00
Joel Kruger, Technical Strategist
Share:
Classcal_AUDUSD_body_aud2.png, AUD/USD Classical Technical Report 10.05

AUD/USD: The market remains under pressure and a fresh lower top has now been confirmed just ahead of parity with the break back below 0.9620 opening the current downside extension which exposes a drop towards the 0.9200 area over the coming days. Ultimately, only back above parity would delay outlook and give reason for pause. In the interim, look for intraday rallies to be well capped below 0.9800.

--- Written by Joel Kruger, Technical Currency Strategist

To contact Joel Kruger, email jskruger@dailyfx.com. Follow me on Twitter @JoelKruger

To be added to Joel Kruger’s distribution list, send an email with subject line “Distribution List” to jskruger@dailyfx.com

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

DISCLOSURES

News & Analysis at your fingertips.