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
GBP/USD
Mixed
USD/JPY
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
Gold
Bullish
Oil - US Crude
Bearish
Bitcoin
Bearish
More View more
Real Time News
  • $EURJPY is getting caught up in the risk aversion as well. Slowly starting to slip below its five-month channel support https://t.co/dmndjAgUwS
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.21%, while traders in Germany 30 are at opposite extremes with 83.58%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/bzt3YqaawD
  • #Gold: As fear began to show around the growing #Coronavirus in China, and the potential for it to spread, buyers came back to the bid to push prices higher. Get your $gld technical analysis from @JStanleyFX here: https://t.co/bNDG6xuQoe $XAUUSD https://t.co/jO8fsd3v2v
  • Commodities Update: As of 17:00, these are your best and worst performers based on the London trading schedule: Silver: 1.58% Gold: 0.70% Oil - US Crude: -2.85% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/3BDIjc9UaY
  • The $SPX is slipping to a new low for the week. Let's see if we make a bid for floor of the past three months' channel https://t.co/57yDnPkoXX
  • Forex Update: As of 17:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.18% 🇨🇦CAD: -0.16% 🇨🇭CHF: -0.24% 🇪🇺EUR: -0.28% 🇦🇺AUD: -0.40% 🇬🇧GBP: -0.41% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/KE5mZDEgDC
  • Indices Update: As of 17:00, these are your best and worst performers based on the London trading schedule: France 40: -0.02% Germany 30: -0.04% Wall Street: -0.36% US 500: -0.55% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/MPK0S7IVYX
  • US 10-Year yield falls below 1.70% to test December lows https://t.co/l5liuTnY2z
  • RT @HuXijin_GT: Forbidden City announced Thursday to close over fear of coronavirus, followed by other museums nationwide. Beijing cancelle…
  • Canadian #Dollar Price Outlook: $USDCAD Bulls at Risk- #Loonie Weekly Trade Levels - https://t.co/17whXkzrb5 https://t.co/eWodvVeuxS
AUD/USD Classical Technical Report 03.22

AUD/USD Classical Technical Report 03.22

2012-03-22 06:27:00
Joel Kruger, Technical Strategist
Share:
daily_classical_aud_body_aud.png, AUD/USD Classical Technical Report 03.22

AUD/USD: Our bearish outlook in this market is being reaffirmed with the latest pullback and we continue to project deeper setbacks over the coming days and weeks back below parity. A fresh lower top now looks to be carving by 1.0855 and only back above 1.0640 would delay and give reason for concern. From here, look for the latest break below 1.0420 to open the next downside extension towards 1.0200 over the coming sessions.

--- 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.