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
Bearish
Oil - US Crude
Mixed
Wall Street
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
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
GBP/USD
Bullish
USD/JPY
Bearish
More View more
Real Time News
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.01% 🇨🇭CHF: -0.03% 🇬🇧GBP: -0.04% 🇯🇵JPY: -0.11% 🇦🇺AUD: -0.19% 🇳🇿NZD: -0.26% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/VAKvRq8IX7
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.33% US 500: 0.14% Wall Street: 0.10% France 40: -0.25% Germany 30: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/dZyZx2pzQy
  • The Dollar is proving more responsive to fundamentals than risk assets like the S&P 500. Will Friday NFPs push $EURUSD above the midpoint of its historical range? My article and video for Friday: https://www.dailyfx.com/forex/video/daily_news_report/2020/12/04/EURUSD-Faces-Its-Historical-Range-Midpoint-as-Resistance-with-Dollar-Sliding-Into-NFPs.html?ref-author=Kicklighter&QPID=917719&CHID=9 https://t.co/98OsWsb7ik
  • RBI sees FY21 GDP at -7.5% versus -9.5% prior -BBG
  • RBI's Das: RBI stands ready for more liquidity access measures, RBI taking measures for dampening volatility -BBG
  • @ZabelinDimitri https://t.co/G0vkDoZnAy
  • RBI's Das: Recovery signs are far from broad-based, MPC will monitor all threats to price stability. Near term financial risks contained -BBG
  • RBI Governor Das: To continue with accommodative stance this year and next, inflation likely to remain elevated -BBG
  • 🇮🇳 RBI Interest Rate Decision Actual: 4% Expected: 4% Previous: 4% https://www.dailyfx.com/economic-calendar#2020-12-04
  • The Swiss Franc may continue higher against the US Dollar as technical pressure favors USD/CHF bears. .Get your market update from @FxWestwater here:https://t.co/yqJbbhAWiu https://t.co/1lJ7ytFqdw
AUD/USD Classical Technical Report 01.05

AUD/USD Classical Technical Report 01.05

2012-01-05 07:00:00
Joel Kruger, Technical Strategist
Share:
Daily_Classical_AUDUSD_body_aud2.png, AUD/USD Classical Technical Report 01.05

AUD/USD: Any rallies are classified as corrective and we continue to see this market in the process of carving out a major top ahead of the next downside extension back below the critical lows from October at 0.9385. Look for an acceleration of declines from here towards 0.9660 over the coming weeks, which guards against the critical October lows at 0.9385. Ultimately, only a weekly close back above 1.0400 would delay outlook.

--- 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