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EUR Q2 2021 Fundamental Forecast
2021-04-16 08:30:00
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2021-04-16 18:38:00
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USD/JPY IG Client Sentiment: Our data shows traders are now net-long USD/JPY for the first time since Mar 02, 2021 when USD/JPY traded near 106.76.
2021-04-16 09:23:00
JPY Q2 2021 Technical Forecast
2021-04-16 00:00:00
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Forex: AUD/USD Technical Analysis – 0.94 Figure in the Crosshairs

Forex: AUD/USD Technical Analysis – 0.94 Figure in the Crosshairs

Ilya Spivak, Head Strategist, APAC

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Talking Points

  • Prices turned lower as expected after putting in a Bearish Engulfing candle pattern
  • A break of rising channel support set from mid-Sep has exposed 0.9409 (38.2% Fib)
  • Back above the channel bottom (0.9490) eyes the 0.9522-42 area (Sep top, 23.6% Fib)

Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_aud-usd_body_Picture_11.png, Forex: AUD/USD Technical Analysis – 0.94 Figure in the Crosshairs

Daily Chart - Created Using FXCM Marketscope 2.0

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

Contact and follow Ilya on Twitter: @IlyaSpivak

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AUD/USD
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