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
EUR/USD
Bearish
Oil - US Crude
Mixed
Wall Street
Bullish
Gold
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
Mixed
USD/JPY
Bullish
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.62%, while traders in Germany 30 are at opposite extremes with 63.57%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/PDYwU9zXE2
  • Commodities Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Silver: 1.69% Gold: 0.47% Oil - US Crude: -0.26% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/xkLo73xF5Y
  • Heads Up:🇧🇷 Consumer Confidence (Q3) due at 14:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-09-28
  • Faced with a strong US Dollar on safe-haven demand and fears of a second wave of the COVID pandemic washing across Europe, the outlook for EUR/USD remains bearish even after its steep recent losses. Get your $EURUSD market update from @MartinSEssex here: https://t.co/BxglKuKVhj https://t.co/sh4zyYIwGZ
  • Faced with a strong US Dollar on safe-haven demand and fears of a second wave of the COVID pandemic washing across Europe, the outlook for EUR/USD remains bearish even after its steep recent losses. Get your $EURUSD market update from @MartinSEssex here: https://t.co/BxglKuKVhj https://t.co/Bwzdn2oDG5
  • Indices Update: As of 13:00, these are your best and worst performers based on the London trading schedule: Germany 30: 3.15% France 40: 2.50% FTSE 100: 1.89% US 500: 1.37% Wall Street: 1.33% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/TyEu2Fgda8
  • Heads Up:💶 ECB President Lagarde Testimony due at 13:45 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-09-28
  • Heads Up:🇩🇪 Bundesbank Mauderer Speech due at 13:30 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-09-28
  • UK PM Johnson spokesman says a deal is still possible but significant gaps remain, adds that EU must adopt more realistic policy for a deal
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 96.52%, while traders in Germany 30 are at opposite extremes with 60.54%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/0hZsxwi79S
Forex Analysis: AUD/USD Classic Technical Report 11.15.2012

Forex Analysis: AUD/USD Classic Technical Report 11.15.2012

2012-11-15 12:42:00
Ilya Spivak, Head Strategist, APAC
Share:

Prices completed a bearish Rising Wedge chart pattern below falling trend line resistance set from early September, hinting at weakness ahead. Sellers are now testing below the 23.6% Fibonacci expansion at 1.0367, with a confirmed break exposing the 38.2% level at 1.0297. Wedge bottom support-turned-resistance is at 1.0397. We have entered short.

Forex_Analysis_AUDUSD_Classic_Technical_Report_11.15.2012_body_Picture_5.png, Forex Analysis: AUD/USD Classic Technical Report 11.15.2012

Daily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

To contact Ilya, e-mail ispivak@dailyfx.com. Follow Ilya on Twitter at @IlyaSpivak

To be added to Ilya's e-mail distribution list, please CLICK HERE

New to FX? Watch this Video. For live market updates, visit the Real Time News Feed

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

DISCLOSURES