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
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
Gold
Bearish
GBP/USD
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
USD/JPY
Bullish
More View more
Real Time News
  • USD broadly stronger during early trade $USD $EUR $JPY $CHF $CAD $AUD https://t.co/DlvOYzrVVU
  • Bitcoin prices continue to consolidate as momentum appears to have stalled at an important level of support. Get your $btc market update from @Tams707 here:https://t.co/5qONKMBfwM https://t.co/1AjBzqTqzW
  • RT @SarahPonczek: Nearly 38 million call options traded today, *the most EVER* https://t.co/Fyz7eLLAK4
  • USD/CAD breaks back above 1.28 for the first time since December $USD $CAD https://t.co/OLgvVd9Auo
  • #Bitcoin declining with other risk assets, now down almost 5% $BTC $USD https://t.co/xEiHkCsJZ4
  • All in all, the earnings from FB, AAPL and TSLA were pretty encouraging. If not for the broader souring of sentiment, their post-earnings reactions would have been much different in my opinion Read more and watch today's webinar recording - https://www.dailyfx.com/forex/market_alert/2021/01/27/Nasdaq-100-Forecast-Bears-Battle-Retail-Traders-as-Tech-Earnings-Arrive.html
  • There goes the $VIX. Question is whether this is a mere pressure relief like June 11, Sep 3 or Oct 26; or if this is a more systemic volatility reversion. $SPX overlaid for price context https://t.co/SJzbyl2ejq
  • Forex Update: As of 21:00, these are your best and worst performers based on the London trading schedule: 🇨🇭CHF: -0.18% 🇬🇧GBP: -0.34% 🇪🇺EUR: -0.39% 🇨🇦CAD: -0.86% 🇦🇺AUD: -1.08% 🇳🇿NZD: -1.10% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/b5eO6T3ZCd
  • 🇳🇿 Balance of Trade (DEC) Actual: N$17M Previous: N$252M https://www.dailyfx.com/economic-calendar#2021-01-27
  • Commodities Update: As of 21:00, these are your best and worst performers based on the London trading schedule: Oil - US Crude: -0.36% Gold: -0.44% Silver: -1.00% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/zAPVcD9BiS
Australian Dollar Forecast Mixed, Next Move is Key

Australian Dollar Forecast Mixed, Next Move is Key

David Rodriguez, Head of Product
Australian Dollar Forecast Mixed, Next Move is Key

Why and how do we use IG Client Sentiment in trading? See our guide and real-time data.

AUDUSD: Retail trader data shows 32.2% of traders are net-long with the ratio of traders short to long at 2.11 to 1. In fact, traders have remained net-short since Jun 04 when AUDUSD traded near 0.74466; price has moved 6.1% higher since then. The number of traders net-long is 20.1% higher than yesterday and 1.0% lower from last week, while the number of traders net-short is 4.4% higher than yesterday and 2.7% higher from last week.

We typically take a contrarian view to crowd sentiment, and the fact traders are net-short suggests AUDUSD prices may continue to rise. Positioning is less net-short than yesterday but more net-short from last week. The combination of current sentiment and recent changes gives us a further mixed AUDUSD trading bias.

See next article in this week’s report: S&P 500 - Likely to Continue onto Fresh Record Highs

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

DISCLOSURES