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
Mixed
Oil - US Crude
Mixed
Wall Street
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
Gold
Mixed
GBP/USD
Mixed
USD/JPY
Mixed
More View more
Real Time News
  • Forex Update: As of 10:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: 0.66% 🇳🇿NZD: 0.64% 🇯🇵JPY: 0.63% 🇪🇺EUR: 0.43% 🇬🇧GBP: 0.41% 🇨🇦CAD: 0.20% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/ilKB2jHFj3
  • Indices Update: As of 10:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.23% France 40: 0.21% US 500: -0.20% Germany 30: -0.23% Wall Street: -0.23% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/3c12GSzzZ3
  • Is the Eurozone entering into a second debt crisis? Find out here: https://t.co/xHEhzcyXMb https://t.co/gJ0VfoEFWE
  • EUR/USD resistance at 1.2000 well and truly broken..currently @ 1.2030 on USD-weakness #eurusd #usd #euro @DailyFX https://t.co/B4hqLj50fM
  • Take a closer look visually at the most influential global importers and exporters here: https://t.co/G58J1cYv9t https://t.co/7PN8pYKhXH
  • US Dollar Basket (DXY) taking a tumble... https://t.co/t6kiwXWCX4
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.55%, while traders in Germany 30 are at opposite extremes with 80.61%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/aC5CZqRzxd
  • Commodities Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Gold: 0.20% Silver: -0.31% Oil - US Crude: -0.34% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/7rkjdGff4Y
  • Euro May Turn Lower vs. US Dollar as Upswing Falters Below 1.20 - https://www.dailyfx.com/forex/technical/home/analysis/eur-usd/2021/04/19/Euro-May-Turn-Lower-vs-US-Dollar-as-Upswing-Falters-Below-1.20.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Spivak&utm_campaign=twr #EURUSD #technicalanalysis https://t.co/30VPCDfO1B
  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇯🇵JPY: 0.28% 🇦🇺AUD: 0.11% 🇳🇿NZD: 0.08% 🇨🇦CAD: 0.03% 🇨🇭CHF: 0.03% 🇪🇺EUR: 0.01% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/LQnZcITyT6
Australian Dollar Might Actually Outperform After Rout

Australian Dollar Might Actually Outperform After Rout

David Rodriguez, Head of Product
ssi_aud-usd_body_Picture_17.png, Australian Dollar Might Actually Outperform After Rout

AUDUSD – Retail forex trading crowds remain aggressively long the Australian Dollar versus the US Dollar as the pair has fallen substantially off of recent peaks. But a recent shift towards selling suggests we could see further AUDUSD upside through near-term trading.

Trade Implications – AUDUSD: The US Dollar remains in obvious uptrend across the board, but substantially one-sided futures traders forex positions in AUDUSD futures suggests the Aussie Dollar may be a relative outperformer. That coincides with retail sentiment, which has become far less one-sided through last week. Our Momentum2/”Tidal Shift” strategy is mostly long USD against other pairs, but it recently sold the Greenback versus the Aussie Dollar (long AUDUSD) from $0.9286. I wouldn’t ignore the far-more-substantial shift towards USD gains, but an AUDUSD long seems reasonable through short-term trading.

--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com

ssi_aud-usd_body_1a_3.png, Australian Dollar Might Actually Outperform After Rout

Download all of our Sentiment-based trading strategies free via an ongoing promo on FXCMApps.com

To receive the Speculative Sentiment Index and other reports from this author via e-mail, sign up for his distribution list via this link.

Contact David via

Twitter at http://www.twitter.com/DRodriguezFX

Facebook at http://www.Facebook.com/DRodriguezFX

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

DISCLOSURES