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
Subscribe
Please try again
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
S&P 500 Volatility Amplified by Gamestop, Will IMF Forecast Refocus Risk and Dollar?
2021-01-26 04:30:00
US Dollar Outlook: EUR/USD Stumbles Lower as Fed Meeting Looms
2021-01-25 22:30:00
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
News
Gold, Crude Oil Outlook: Big Week Ahead with FOMC, US Q4 GDP in Focus
2021-01-25 06:00:00
Markets Week Ahead: Nasdaq 100, US Dollar, Crude Oil, Fed, IMF, Tech Earnings
2021-01-24 16:00:00
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
News
Dow Jones, Hang Seng, Nikkei 225 Outlook: Will the Rally Carry on?
2021-01-26 01:30:00
As a New Retail Trader Age Rises, Heed Tales of Past Manias
2021-01-25 18:30:00
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
News
Gold Price Forecast: Precious Metal Consolidates Ahead of Next Big Move
2021-01-25 21:10:00
Gold Price (XAU/USD) Unable to Break Through Technical Chart Resistance
2021-01-25 12:00:00
GBP/USD
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
News
FX Week Ahead - Top 5 Events: UK Jobs, Australia Inflation, Fed Meeting, Mexico & US GDP
2021-01-25 19:30:00
US Dollar Steady, Euro Slips, GBP Benefits From Vaccine Success - US Market Open
2021-01-25 14:00:00
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
FX Week Ahead - Top 5 Events: UK Jobs, Australia Inflation, Fed Meeting, Mexico & US GDP
2021-01-25 19:30:00
USD/JPY Price Analysis: Japan’s Tighter Lockdown and FOMC in Focus
2021-01-25 11:51:00
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in US 500 are at opposite extremes with 68.42%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/5qXbmhK4TF
  • Forex Update: As of 05:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.01% 🇨🇭CHF: -0.05% 🇪🇺EUR: -0.08% 🇨🇦CAD: -0.18% 🇳🇿NZD: -0.22% 🇦🇺AUD: -0.30% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/q1uXEuBA1M
  • Indices Update: As of 05:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.08% Germany 30: -0.06% France 40: -0.14% Wall Street: -0.52% US 500: -0.57% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/bCGarAMjGk
  • Want to make trading decisions with confidence? Download you free guide to avoid hesitations in your trading decisions.https://t.co/00I3lH90OD #DailyFXGuides https://t.co/LEzeGkMlO6
  • Market Snapshot: Anti-risk USD and JPY outperforming Growth-linked Australian, New Zealand and Canadian Dollars underperforming Wall Street futures extending losses during Tuesday APAC trade Nikkei 225 (-1.0%), Hang Seng (-2.4%), Shanghai Composite (-1.2%) [delayed] -BBG
  • Gold and silver prices may continue to rise in the coming months on the back of falling real rates of return and the prospect of additional fiscal support under a Biden administration. Get your market update from @DanielGMoss here:https://t.co/OMNoNHn2vZ https://t.co/FyyPehAlJh
  • Thai Debt Chief Rules Out Additional Stimulus Borrowing For Now - BBG
  • The #HSI Hang Seng Index tumbled 2.5% as profit-taking kicked in among tech stocks: - Tencent (-5.94%) - Alibaba (-1.86%) - Meituan (-6.35%) - Xiaomi (-1.64%)
  • Will the Swiss Franc find reprieve after recent losses against the Canadian and New Zealand Dollars as NZD/CHF and CAD/CHF uptrends face key chart barriers? Find out from @FxWestwater here:https://t.co/c89gcaNhTt https://t.co/egDQcTpU87
  • Commodities Update: As of 03:00, these are your best and worst performers based on the London trading schedule: Gold: 0.24% Silver: 0.19% Oil - US Crude: -0.55% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/iLfFHRMJGq
Forex Analysis: AUD/USD Classic Technical Report 12.05.2012

Forex Analysis: AUD/USD Classic Technical Report 12.05.2012

Ilya Spivak, Head Strategist, APAC

Prices are rebounding from support at a Rising Wedge pattern set from the early-October swing bottom but a Bearish Engulfing candlestick formation remains valid and continues to warn of forthcoming weakness. Initial resistance is at 1.0484, with a break above that exposing 1.0578 (the August 9 close). Wedge support is now at 1.0400. A drop below that aims for the 23.65 Fibonacci expansion at 1.0322. We continue to hold short.

Forex_Analysis_AUDUSD_Classic_Technical_Report_12.05.2012_body_Picture_1.png, Forex Analysis: AUD/USD Classic Technical Report 12.05.2012

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

Related Articles

Canadian Dollar Forecast: On the Verge of a Bullish Breakout? Levels for CAD/JPY, USD/CAD
Canadian Dollar Forecast: On the Verge of a Bullish Breakout? Levels for CAD/JPY, USD/CAD
2021-01-25 16:15:00
DAX 30 Technical Outlook – Triggering Short-term Bearish Pattern
DAX 30 Technical Outlook – Triggering Short-term Bearish Pattern
2021-01-25 13:30:00
USD/CAD Technical Overview: Trend is Down, but Bullish Pattern May Emerge
USD/CAD Technical Overview: Trend is Down, but Bullish Pattern May Emerge
2021-01-22 13:30:00
Gold Price Forecast: What to Make of Recent Rebound? Levels for XAU/USD
Gold Price Forecast: What to Make of Recent Rebound? Levels for XAU/USD
2021-01-22 12:30:00
Advertisement

Rates

AUD/USD
Bullish