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
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
Oil - US Crude
Bullish
Wall Street
Mixed
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
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
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
More View more
Real Time News
  • Always a pleasure chatting with @JeremyNaylor_IG @IGTV ...Thanks https://t.co/PzZ75iqeG4
  • 🇪🇺 EUR Euro-Zone Retail Sales (YoY) (FEB), Actual: 3.0% Expected: 1.7% Previous: 2.2% https://www.dailyfx.com/economic-calendar#2020-04-03
  • LIVE IN 30 MIN: Strategist @PaulRobinsonFX will run through his favorite charts and potential set-ups for the week ahead in the FX and CFDs market here - https://www.dailyfx.com/webinars/108721147?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr
  • Heads Up:🇪🇺 EUR Euro-Zone Retail Sales (YoY) (FEB) due at 09:00 GMT (15min), Actual: N/A Expected: 1.7% Previous: 1.7% https://www.dailyfx.com/economic-calendar#2020-04-03
  • Join @PaulRobinsonFX 's #webinar at 5:30 AM ET/9:30 AM GMT as he goes over London #FX & #CFD charts for the next week. Register here: https://t.co/CoMkMA0pdF https://t.co/8Wyy20WdNj
  • The $USD fell as an improvement in sentiment slowed aggressive capital outflows from emerging markets and #ASEAN economies. What do USD/SGD, USD/MYR, USD/IDR and USD/PHP face next? Find out from @ddubrovskyFX here: https://t.co/3SQYf5Y0Vx https://t.co/aEDOjS4CqZ
  • EUR Eurozone Final March PMI Actual: 26.4 Previous: 28.4 Composite: 29.7 Previous: 31.4
  • Russia is unlikely to agree to production cuts if the US does not participate, according to sources
  • EUR Germany Final March PMI Services: Actual: 31.7 Prelim: 34.5 Composite: Actual: 35.0 Prelim: 37.2
  • OPEC+ Alliance are set to debate on at least a 6mbpd cut, according to sources
Forex: AUD/USD Technical Analysis – A Bottom Set Above 0.88?

Forex: AUD/USD Technical Analysis – A Bottom Set Above 0.88?

2014-01-03 03:19:00
Ilya Spivak, Head Strategist, APAC
Share:

To receive Ilya's analysis directly via email, please SIGN UP HERE

Talking Points

  • Prices put in a bullish Morning Star candle pattern, hinting a move higher is ahead
  • Breaking resistance at 0.8956 (14.6% Fib ret.) exposes 0.9040 (23.6% Fib ret.)
  • Turning below 0.8847 (Aug’13 low, channel top) targets 0.8736 (23.6% Fib exp.)

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

dailyclassics_aud-usd_body_Picture_12.png, Forex: AUD/USD Technical Analysis – A Bottom Set Above 0.88?

Daily Chart - Created Using FXCM Marketscope 2.0

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

Contact and follow Ilya on Twitter: @IlyaSpivak

New to FX? START HERE

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

News & Analysis at your fingertips.