FX.co ★ Analytics EURAUD | Euro (EUR) to Australian Dollar (AUD) Rate in the Forex market

Early in the American session, the EUR/USD pair is trading around 1.0874 within an uptrend channel and above support coinciding with 6/8 Murray. The instrument is following a bullish bias...

Early in the European session, the EUR/USD pair is trading around 1.0762, showing signs of exhaustion and going through a technical correction below 5/8 Murray (1.0803). On the H4 chart...

For EUR/AUD, there's a potential bullish breakout scenario: Description: The chart indicates a potential bullish breakout, with significant resistance identified at two levels. Resistance Levels: The 1st resistance level...

If the Euro trades below 1.0770 in the next few hours, we expect it to resume its bearish cycle and it could reach 1.0740 and even a key area...

According to the eagle indicator, the euro has entered a strong oversold zone. A sharp technical rebound is likely to occur above 1.0680 and EUR/USD could reach 1.0760...

There is a strong probability that EUR/USD will continue to bounce and could reach 1/8 Murray at 1.0803. Above this zone, the instrument could continue rising until it reaches...

Our strategy for the next few hours will be to wait for the euro to consolidate around 1.0742 to buy with the target at 1.0859. In case the euro breaks...

EUR/USD is trading around 1.0771, above the 21 SMA, and above 0/8 Murray. We can see that the euro started a technical rebound after having formed a double-bottom pattern. EUR/USD...

Technically, gold is under strong bearish pressure. So, any technical bounce as long as it trades below 2,040 will be seen as a signal to sell. The metal is likely...

Technically, we see that the euro is showing signs of exhaustion and we could expect a technical correction in the coming days. Therefore, there is strong bearish pressure below 1.0890...