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
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
Mixed
Wall Street
Mixed
Gold
Bullish
GBP/USD
Bullish
USD/JPY
Bearish
More View more
Real Time News
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 100.00%, while traders in Wall Street are at opposite extremes with 71.35%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/le9vtgEYLU
  • Heads Up:🇪🇸 Balance of Trade (NOV) due at 09:00 GMT (15min) Previous: €-0.65B https://www.dailyfx.com/economic-calendar#2021-01-21
  • Heads Up:🇵🇱 Employment Growth YoY (DEC) due at 09:00 GMT (15min) Expected: -1.2% Previous: -1.2% https://www.dailyfx.com/economic-calendar#2021-01-21
  • Heads Up:🇳🇴 Norges Bank Interest Rate Decision due at 09:00 GMT (15min) Expected: 0% Previous: 0% https://www.dailyfx.com/economic-calendar#2021-01-21
  • Commodities Update: As of 08:00, these are your best and worst performers based on the London trading schedule: Silver: 0.13% Gold: -0.11% Oil - US Crude: -0.70% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/XbB9cZNVhI
  • Slippage can be a common occurrence in forex trading but is often misunderstood. Understanding how forex slippage occurs can enable a trader to minimize negative slippage, while potentially maximizing positive slippage. Learn about FX slippage here: https://t.co/Blrl0uF2Ct https://t.co/mp9uMbpRgg
  • Forex Update: As of 08:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.45% 🇬🇧GBP: 0.32% 🇦🇺AUD: 0.18% 🇨🇭CHF: 0.10% 🇨🇦CAD: 0.04% 🇯🇵JPY: -0.00% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/I4S6FaLqFn
  • Indices Update: As of 08:00, these are your best and worst performers based on the London trading schedule: FTSE 100: 0.49% France 40: 0.45% Germany 30: 0.45% US 500: 0.34% Wall Street: 0.25% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/mYqmNppOqU
  • 🇫🇷 Business Confidence (JAN) Actual: 98 Expected: 94 Previous: 93 https://www.dailyfx.com/economic-calendar#2021-01-21
  • Heads Up:🇪🇺 European Council Meeting due at 08:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2021-01-21
Australian Dollar Declines Slow - Downtrend not Over Yet

Australian Dollar Declines Slow - Downtrend not Over Yet

David Rodriguez, Head of Product
Australian Dollar Declines Slow - Downtrend not Over Yet

Why and how do we use the SSI in trading? View our video and download the free trading guide here

AUDUSD - The ratio of long to short positions in the AUDUSD stands at 1.49 as 60% of traders are long. Yesterday the ratio was 1.67; 63% of open positions were long. Long positions are 5.4% lower than yesterday and 15.1% below levels seen last week. Short positions are 6.3% higher than yesterday and 18.4% above levels seen last week. Open interest is 1.0% lower than yesterday and 0.8% above its monthly average.

We use our SSI as a contrarian indicator to price action, and the fact that the majority of traders are long gives signal that the AUDUSD may continue lower. The trading crowd has grown less net-long from yesterday and last week. The combination of current sentiment and recent changes gives a further mixed trading bias.

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

DISCLOSURES