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. See our updated Privacy Policy here.

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
More View more
Real Time News
  • AUD/USD is little changed from the start of the week following the limited reaction to the Reserve Bank of Australia (RBA) Minutes. Get your $AUDUSD market update from @DavidJSong here:https://t.co/t44yC8zG0K https://t.co/AJCTyiAWjx
  • China's Anqing City of Anhui province says the property firm linked to Evergrande failed to make payment for land site
  • The updated dot plot will be a major focus for today’s FOMC announcement — perhaps even more so than taper timeline language. This is because Fed Chair Powell’s speech at Jackson Hole emphasized the decoupling of balance sheet normalization from future rate liftoff. $USD $DXY https://t.co/L1PFXmnK3g
  • UK energy supplier collapses now affect about 1.5mln households
  • It's #FOMC day and the markets are clearly tuned in. How will markets trade around the policy update? DailyFX's @JohnKicklighter discusses below! https://t.co/UP2VNEEqm5
  • 🇺🇸 Existing Home Sales MoM (AUG) Actual: -2% Previous: 2.2% https://www.dailyfx.com/economic-calendar#2021-09-22
  • 💶 Consumer Confidence Flash (SEP) Actual: -4 Expected: -5.8 Previous: -5.3 https://www.dailyfx.com/economic-calendar#2021-09-22
  • Heads Up:🇺🇸 Existing Home Sales MoM (AUG) due at 14:00 GMT (15min) Previous: 2% https://www.dailyfx.com/economic-calendar#2021-09-22
  • Heads Up:💶 Consumer Confidence Flash (SEP) due at 14:00 GMT (15min) Expected: -5.8 Previous: -5.3 https://www.dailyfx.com/economic-calendar#2021-09-22
  • LIVE NOW: Join Technical Strategist @MBForex for his Mid-Week Market Update to review the setups we're tracking into the #Fed! https://t.co/NG58ycm07j
Australian Dollar Rally at Clear Risk on Two Factors

Australian Dollar Rally at Clear Risk on Two Factors

David Rodriguez, Head of Product
ssi_aud-usd_body_Picture_6.png, Australian Dollar Rally at Clear Risk on Two Factors

Receive the Weekly Speculative Sentiment Index report via PDF via David’s e-mail distribution list.

Australian DollarThe Australian Dollar remains resilient versus the US Dollar, but signs of an important shift in sentiment as well as a key cyclical turn window warn of a potential AUDUSD top.

Trade Implications – AUDUSD: Retail crowds most recently turned net-short the AUDUSD as it traded above the $0.9200 mark, and fairly consistent selling has kept us consistently in favor of Aussie Dollar strength. Yet long interest has risen a notable 12 percent since last week as the AUD stalls at highs. The significant cyclical turn window suggests a turn could come through the foreseeable future.

See next currency section:EURUSD - Euro Remains in the Driver's Seat versus US Dollar

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

ssi_aud-usd_body_Picture_7.png, Australian Dollar Rally at Clear Risk on Two Factors

Automate our SSI-based trading strategies via Mirror Trader free of charge

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