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
Oil - US Crude
Bearish
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
Bullish
GBP/USD
Mixed
USD/JPY
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
More View more
Breaking news

UK-EU trade deal talks have entered tunnel talks, GBP/USD Spkes to Highs

Real Time News
  • USD/CAD: From a trading standpoint, a good zone to lighten short-exposure lower protective stops – be on the lookout for inflection here early in the month. Get your $USDCAD market update from @MBForex here:https://t.co/dRIjXRT14r https://t.co/THCTW45z4e
  • US Dollar Breaches Big Support, Builds Evening Star on M1 https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2020/12/01/US-Dollar-Breaches-Big-Support-Builds-Evening-Star-on-M1.html
  • Senate Majority Leader McConnell says waiting until next year for another fiscal stimulus to combat the coronavirus impact is "not an answer". Let's see if the Senate and House can close that <$1 tln to >$2 tln gap between their respective proposals...
  • Heads Up:🇺🇸 Fed Evans Speech due at 20:00 GMT (15min) https://www.dailyfx.com/economic-calendar#2020-12-01
  • Commodities Update: As of 19:00, these are your best and worst performers based on the London trading schedule: Silver: 5.87% Gold: 2.09% Oil - US Crude: -0.04% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/FXkNUAL3p2
  • As EUR/USD rates probe through range resistance, both EUR/CHF and EUR/JPY rates are nearing bullish breakout levels. Get your $EURUSD market update from @CVecchioFX here:https://t.co/DlHULz4gdB https://t.co/PzkVeNS0IT
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 93.56%, while traders in EUR/USD are at opposite extremes with 76.59%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/Jvo7Nl496H
  • it's that webinar time... topics for today a) USD breakdown, 2 year lows b) Gold strength shows, blip or beacon? c) EUR/USD & life above 1.2000, ECB on Deck (12-10) starting right meow https://www.dailyfx.com/webinars/455809179 https://t.co/RxsvujmVxs
  • Indices Update: As of 19:00, these are your best and worst performers based on the London trading schedule: US 500: 1.39% Wall Street: 0.94% France 40: -0.10% Germany 30: -0.11% FTSE 100: -0.16% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/j1F1eCqSTc
  • The price of gold bounces back from the November low ($1765) to snap the series of lower highs and lows carried over from late last week. Get your $XAUUSD market update from @DavidJSong here:https://t.co/vfO3IwwnYT https://t.co/bGj7oK9uQk
Australian Dollar Forecast Unclear versus US Dollar

Australian Dollar Forecast Unclear versus US Dollar

2017-01-09 15:25:00
David Rodriguez, Head of Product
Share:
Australian Dollar Forecast Unclear versus US Dollar

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 1.41 as 59% of traders are long. Yesterday the ratio was 1.52; 60% of open positions were long. Long positions are 3.3% higher than yesterday and 17.1% below levels seen last week. Short positions are 11.2% higher than yesterday and 59.7% above levels seen last week. Open interest is 6.4% higher than yesterday and 3.6% 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