EUR/AUD
Australian Dollar Price Action Setups: EUR/NZD, GBP/AUD, EUR/AUD
The Australian dollar retains the upper hand across several crosses, supported by renewed RBA hike bets and relatively firm domestic fundamentals. However, stretched short-term momentum suggests the Aussie may be vulnerable to some consolidation first, leaving room for rebounds in NZD, GBP and EUR before the broader trends potentially reassert themselves.
EURAUD Wave Analysis
EURAUD currency pair recently reversed up from the support zone between the support level 1.6260 (which has been reversing the price from July) and the support trendline of the daily Triangle from March.
EUR/USD, EUR/AUD forecast: Is the tide turning for the euro?
Several of the key headwinds that hammered the euro earlier this year are starting to fade. Here's why the balance of risks m.
Australian Dollar Outlook Ahead of RBA and BOJ: AUD/USD, AUD/JPY, EUR/AUD
The Australian dollar led major FX gains on Monday as hopes of a US-Iran peace deal boosted risk appetite. With the RBA and BOJ both set to announce policy decisions, traders now face a critical test for AUD/USD, AUD/JPY and EUR/AUD.
EUR/USD, EUR/AUD Forecast: Have Markets Already Done the ECB's Job?
Markets expect the ECB to validate the recent significant hawkish repricing. Updated forecasts and Lagarde's tone may tell a.
Euro Technical Analysis: EUR/USD, EUR/JPY, EUR/AUD
EUR/USD faces downside risk, EUR/JPY tests key resistance near 186, while EUR/AUD shows signs of a bullish reversal from long.
EURAUD Wave Analysis
EURAUD currency pair recently reversed up from the strong multi-month support level 1.6130 (upper border of the narrow support zone, which has been reversing the price from the middle of 2024).
EUR/AUD Weekly Outlook
EUR/AUD recovered to 1.6381 last week but retreated since then. Initial bias remains neutral this week first.
EUR/AUD Daily Outlook
Intraday bias in EUR/AUD remains neutral for consolidations above 1.6181. On the downside, decisive break of 1.6125 will resume larger fall from 1.8554.
EUR/AUD Mid-Day Outlook
EUR/AUD's fall from 1.6842 continues today and intraday bias stays on the downside for retesting 1.6125 low. Firm break there will resume whole down trend from 1.8554 to 1.5913 fibonacci level next.
EUR/AUD Daily Outlook
Intraday bias in EUR/AUD remains mildly on the downside for the moment. Corrective rebound from 1.6125 could have completed at 1.6842 after rejection by 55 D EMA (now at 1.6733).
EUR/AUD Pair Rose by More Than 2% Over the Week
If last Thursday trading was taking place below the 1.6300 level, today one euro is worth more than 1.6660 Australian dollars. The upward trend seen in recent days has been driven by a combination of factors, including:
