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
Search results
No entries matching your query were found.
English Español Français Deutsch 中文（繁體） 中文（简体）
Free Trading Guides
EUR/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
News
Markets Week Ahead: Dow Jones, US Dollar, Stimulus, GBP, Brexit, EUR, ECB, JPY, BoJ
2020-10-25 16:00:00
US Dollar Technical Forecast: EUR/USD, AUD/USD, GBP/USD
2020-10-24 12:00:00
Oil - US Crude
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
News
Crude Oil Prices May Rise on US Stimulus Hopes, PMI Data
2020-10-23 05:03:00
S&P 500 Futures Lower on Election Security Issues, APAC Stocks May Fall
2020-10-22 02:00:00
Wall Street
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
News
Dow Jones Underpinned by Jobs and Housing Data, Final Debate in Focus
2020-10-23 02:00:00
How Will the Election Affect the Stock Market? Dow Jones Forecast
2020-10-22 20:00:00
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
News
Markets Week Ahead: Dow Jones, US Dollar, Stimulus, GBP, Brexit, EUR, ECB, JPY, BoJ
2020-10-25 16:00:00
Gold Weekly Technical Forecast: Range Holds Ahead of US Election
2020-10-24 16:00:00
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
News
Markets Week Ahead: Dow Jones, US Dollar, Stimulus, GBP, Brexit, EUR, ECB, JPY, BoJ
2020-10-25 16:00:00
Sterling Weekly Forecast - Brexit Talks Continue, Is the End Game Near?
2020-10-24 20:00:00
USD/JPY
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
News
USDJPY May Be the Best Candidate for Stimulus, Traders Fade GBPUSD Rally
2020-10-23 03:30:00
USD/JPY Price Forecast: Investors Flock to Yen’s Safe-haven Appeal
2020-10-22 10:14:00
More View more
Real Time News
  • *Reminder: Weekly Strategy Webinar tomorrow morning at 8:30am ET on DailyFX! https://t.co/lxd5fZnn4H
  • Central banks often deem it necessary to intervene in the foreign exchange market to protect the value of their national currency. Learn how central bank intervention can impact your trading here: https://t.co/ZJOEtpGUIq https://t.co/tJWOXZCoBw
  • The US Dollar may seesaw as investors navigate what could be a volatile week packed with US GDP data, rising Covid-19 cases, Q3 corporate earnings and more. Get your #currencies update from @ZabelinDimitri here: https://t.co/UNRcd3c9uA https://t.co/BiUiOV4cXC
  • USD/MXN pushes lower towards a critical support level in the midst of continued political uncertainty. Get your #currencies update from @HathornSabin here: https://t.co/HEAzgJJJjg https://t.co/NU9wYbIuni
  • Gold Forecast - via @DailyFX “Gold price outlook still hinges on stimulus deal expectations and corresponding swings in real yields.” What will I have my eyes on in the week ahead? Link to Analysis: https://www.dailyfx.com/forex/fundamental/forecast/weekly/title/2020/10/23/gold-forecast-xau-usd-at-the-mercy-of-a-fiscal-stimulus-deal.html $GC_F $XAUUSD $GLD https://t.co/GWEI4d4mMu
  • Forex liquidity makes it easy for traders to sell and buy currencies without delay, and also creates tight spreads for favorable quotes. Low costs and large scope to various markets make it the most frequently traded market in the world. Learn more here: https://t.co/5uSWKoLkd6 https://t.co/rxswe1gVL0
  • Talks between the EU and UK restarted today and will continue over the weekend as negotiators from both sides battle against the clock. Get your #currencies update from @nickcawley1 here: https://t.co/ER8IT1yxYO https://t.co/Jeeu2P9mwB
  • The London trading session accounts for around 35% of total average forex turnover*, the largest amount relative to its peers. The London forex session overlaps with the New York session. Learn about trading the London forex session here: https://t.co/UTWxbnNz7M https://t.co/W9awqb818J
  • There is a great debate about which type of analysis is better for a trader. Is it better to be a fundamental trader or a technical trader? Find out here: https://t.co/aVAzFypAg1 https://t.co/lucvsACxu5
  • There are three major forex trading sessions which comprise the 24-hour market: the London session, the US session and the Asian session. Learn about the characteristics of each session here: https://t.co/UVvf51HiVP https://t.co/yywnE39MLU
AUD/USD Classical Technical Report 01.23

AUD/USD Classical Technical Report 01.23

2012-01-23 07:36:00
Joel Kruger, Technical Strategist
Share:
Daily_Classical_AUDUSD_body_aud2.png, AUD/USD Classical Technical Report 01.23

AUD/USD: The recent break and close back above the 200-Day SMA is concerning and compromises our broader bearish outlook for the pair. However, we still see any additional gains beyond 1.0500 as limited with the market at risk for carving out the next major lower top ahead of a fresh downside extension back below parity. Rallies towards 1.0500 will therefore be used as formidable sell opportunities, while a break and close back below 1.0350 will also confirm bearish 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

Related Articles

Canadian Dollar Forecast: Primed for More Gains? - Levels for CAD/JPY, USD/CAD
Canadian Dollar Forecast: Primed for More Gains? - Levels for CAD/JPY, USD/CAD
2020-10-22 15:50:00
Nasdaq 100, S&P 500 Technical Analysis: NDX, SPX Sitting on Big Support
Nasdaq 100, S&P 500 Technical Analysis: NDX, SPX Sitting on Big Support
2020-10-22 12:30:00
British Pound Price Outlook: GBP/USD, GBP/JPY, EUR/GBP Key Levels
British Pound Price Outlook: GBP/USD, GBP/JPY, EUR/GBP Key Levels
2020-10-22 03:30:00
US Dollar Technical Outlook: DXY Weakness Has Big Long-term Support in Focus
US Dollar Technical Outlook: DXY Weakness Has Big Long-term Support in Focus
2020-10-21 12:30:00
Advertisement