EURAUD Outlook

EUR/AUD's recovery argues that pull back from 1.5226 might be completed after drawing support from 38.2% retracement of 1.3624 to 1.5226 at 1.4614. Intraday bias is turned back to the upside for retes...
EURAUD Outlook

Further decline is mildly in favor in EUR/AUD as long as 1.4754 minor resistance holds. Break of 38.2% retracement of 1.3624 to 1.5226 at 1.4614 will pave the way to 61.8% retracement at 1.4236 and po...
EURAUD Outlook

EUR/AUD's fall from 1.5226 resumed after brief consolidation. The break of 1.4669 support argues that rise from 1.3624 is completed at 1.5226 already. Intraday bias is back on the downside. Break of 3...
EURAUD Outlook

No change in EUR/AUD's outlook. We continue to expect strong support from 1.4669, near to 55 days EMA at 1.4689, to contain downside and bring rebound. Break of 1.4897 minor resistance will argue that...
EURAUD Outlook

EUR/AUD's pull back from 1.5226 extended lower last week and broke 38.2% retracement of 1.3980 to 1.5226 at 1.4750. It's pressing 1.4669 support. At this point, we're expecting strong support around 1...
EURAUD Outlook

At this, we'd still expect strong support from 1.4669 close to 55 day EMA at 1.4685, to contain downside and bring rebound. Break of 1.4897 minor resistance will turn bias back to the upside for retes...
EURAUD Outlook

EUR/AUD's pull back from 1.5226 extended lower and broke 38.2% retracement of 1.3980 to 1.5226 at 1.4750. But at this point, we'd still expect strong support from 1.4669, close to 55 day EMA at 1.4685...
EURAUD Outlook

The correction from 1.5226 in EUR/AUD is still in progress and might extend to 38.2% retracement of 1.3980 to 1.5226 at 1.4750. But we'd expect strong support from 1.4669 to contain downside and bring...
EURAUD Outlook

No change in EUR/AUD's outlook. The correction from 1.5526 might still extend lower to 38.2% retracement of 1.3980 to 1.5226 at 1.4750. But we'd expect strong support from 1.4669 to contain downsid...
EURAUD Outlook

With 1.5016 minor resistance intact, the correction from 1.5526 might extend lower to 38.2% retracement of 1.3980 to 1.5226 at 1.4750 as the correction continues. At this point, we'd expect strong s...
EURAUD Outlook

EUR/AUD's break of 1.4927 support last week confirmed short term topping at 1.5226, on bearish divergence condition in 4 hour MACD. Deeper decline could be seen initial this week for 38.2% retracemen...
EURAUD Outlook

The correction from 1.5226 is still in progress and intraday bias stays on the downside. Deeper fall could be seen to 38.2% retracement of 1.3980 to 1.5226 at 1.4750. At this point, we'd expect stron...