EURAUD Outlook

EUR/AUD failed to sustain above 4 hour 55 EMA and retreated. As it's staying above 1.4625 temporary low, intraday bias remains neutral first. On the upside, above 1.4813 will extend the rebound from 1...
EURAUD Outlook

Outlook in EUR/AUD is unchanged. The pull back from 1.5226 might have completed after drawing support from 38.2% retracement of 1.3624 to 1.5226 at 1.4614. Further rise would be seen to retest 1.5226...
EURAUD Outlook

EUR/AUD dropped further to 1.4625 last week and breached 1.4669 support. But the cross quickly recovered. The development argues that pull back from 1.5226 might have completed after drawing support f...
EURAUD Outlook

The pull back from 1.5226 could have completed at 1.4625 after drawing support from 38.2% retracement of 1.3624 to 1.5226 at 1.4614. Further rise is mildly in favor to retest 1.5226 high. However, sus...
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...