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
Subscribe
Please try again
EUR/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
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
Wall Street
Bullish
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
Bearish
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
Notice

US Calls for Pause on J&J Vaccine After Clotting Cases - NYT

Real Time News
  • US 10yr Treasury yields and the US Dollar have both headed lower in the immediate aftermath of the CPI print. The $DXY dropped from 92.26 to around the 92.10 level and 10yr yields stepped back from above 1.68% to 1.66%. $USD https://t.co/RFiMWfNckX
  • 🇺🇸 Core Inflation Rate MoM (MAR) Actual: 0.3% Expected: 0.2% Previous: 0.1% https://www.dailyfx.com/economic-calendar#2021-04-13
  • 🇺🇸 Inflation Rate MoM (MAR) Actual: 0.6% Expected: 0.5% Previous: 0.4% https://www.dailyfx.com/economic-calendar#2021-04-13
  • 🇺🇸 Inflation Rate YoY (MAR) Actual: 2.6% Expected: 2.5% Previous: 1.7% https://www.dailyfx.com/economic-calendar#2021-04-13
  • 🇺🇸 Core Inflation Rate YoY (MAR) Actual: 1.6% Expected: 1.5% Previous: 1.3% https://www.dailyfx.com/economic-calendar#2021-04-13
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.49%, while traders in Germany 30 are at opposite extremes with 75.73%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/onTWQ83wu0
  • US 10yr Treasury yields rose to a one week high this morning, briefly testing the 1.70% level before dropping back below 1.68%. The upcoming CPI print may drive another move in Treasury yields. $USD https://t.co/j4vndyVcup
  • Forex Update: As of 12:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: -0.08% 🇪🇺EUR: -0.13% 🇳🇿NZD: -0.14% 🇨🇭CHF: -0.28% 🇦🇺AUD: -0.30% 🇨🇦CAD: -0.40% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/QQP2RQRudx
  • Heads Up:🇺🇸 Core Inflation Rate MoM (MAR) due at 12:30 GMT (15min) Expected: 0.2% Previous: 0.1% https://www.dailyfx.com/economic-calendar#2021-04-13
  • Heads Up:🇺🇸 Inflation Rate MoM (MAR) due at 12:30 GMT (15min) Expected: 0.5% Previous: 0.4% https://www.dailyfx.com/economic-calendar#2021-04-13
AUD/USD Technical Analysis: Key Threshold Seen Above 0.92

AUD/USD Technical Analysis: Key Threshold Seen Above 0.92

Ilya Spivak, Head Strategist, APAC

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

Talking Points:

  • AUD/USD Technical Strategy: Flat
  • Support:0.9223-45, 0.9085, 0.8955
  • Resistance: 0.9324-44, 0.9460, 0.9504

The Australian Dollar is accelerating lower as expected against its US counterpart after putting in a bearish Dark Cloud Cover candlestick pattern. A daily close below support in the 0.9223-45 area, a range bottom in play since late March and the 23.6% Fibonacci expansion, initially exposes the 38.2% level at 0.9085. Alternatively, a turn above the 0.9324-44 zone bracketed by a horizontal pivot and the 14.6% Fib clears the way for a test of the April 10 high at 0.9460.

We are tactically opting to stand aside for now because we already hold long USD exposure against the Euro and the Canadian Dollar. As such, we think it best not to over-commit as heavy-duty US event risk continues cross the wires through the week-end.

Add these technical levels directly to your charts with our Support/Resistance Wizard app!

AUD/USD Technical Analysis: Key Threshold Seen Above 0.92

Daily Chart - Created Using FXCM Marketscope 2.0

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

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

DISCLOSURES