EURAUD is Nearing a Strong Support!!Hey Traders, in today's trading session we are monitoring EURAUD for a buying opportunity around 1.78900 zone, EURAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.78900 support and resistance area.
Trade safe, Joe.
About Euro / Australian Dollar
The Euro vs. the Australian Dollar. This pair is considered to be a great barometer for global risk. In 2012, during the European sovereign debt crisis the EURAUD reached its low. Since then, due to the European Central Bank’s policy of Outright Monetary Transactions (OTM or the “whatever it takes” measure ) the pair has recovered substantially.
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Lingrid | EURAUD Buying Opportunity at Psychological LevelFX:EURAUD is holding its bullish structure after bouncing from the 1.8000 zone and respecting the upward trendline. The pair remains within an ascending channel, with a higher high confirming strong momentum. As long as the 1.8000 support holds, the price outlook favors a move toward 1.8190. Broade
EURAUD: Important Bullish Breakout📈EURAUD has broke and closed above a significant intraday resistance level after a period of consolidation
Upon retesting the breached resistance, a positive bullish response is observed. This suggests a potential for further upward movement in the market.
The anticipated target is 1.8018.
EUR/AUDBreakoutAbove Wedge DemandZone Support&Resistance infocusOn the 4H chart, EUR/AUD has recently broken out from a rising wedge pattern after retesting the demand zone around 1.7800–1.7850. Price action shows a strong bullish attempt while holding above key support levels.
Key points from the structure:
Rising wedge pattern followed by a breakout confirma
EURAUD Unemployment Claims: 235,000 (previous 226,000 and 224,000), indicating a slight rise in weekly jobless claims, which may suggest some softening in the labor market.
Philly Fed Manufacturing Index: -0.3 (previous readings 6.8 and 15.9), signaling contraction in manufacturing activity in the Philadel
Short the way I trade is mainly bos and retest I'm not too big on rejection but it looks like we broke structure to the down side retest to respect the trend and we are going down for a sell also if you look in the 1 day time frame EURAUD failed to make a new high. I'm seeing a reversal to the down side.
EUR/AUD – Elliott Wave Setup Push to 1.819?FX:EURAUD is gearing up for a bullish move on the 4-hour chart, with an entry zone in the red box between 1.791-1.80 near a key support level. The target at 1.819 aligns with the next resistance, offering a solid upside potential. Set a stop loss on a 4hours close below 1.79 to manage risk
EURAUD to find support at market price?EURAUD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move throug
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current rate of EURAUD is 1.80540 AUD — it has decreased by −0.12% in the past 24 hours. See more of EURAUD rate dynamics on the detailed chart.
The value of the EURAUD pair is quoted as 1 EUR per x AUD. For example, if the pair is trading at 1.50, it means it takes 1.5 AUD to buy 1 EUR.
The term volatility describes the risk related to the changes in an asset's value. EURAUD has the volatility rating of 0.29%. Track all currencies' changes with our live Forex Heatmap and prepare for markets volatility.
The EURAUD showed a 0.71% rise over the past week, the month change is a 0.71% rise, and over the last year it has increased by 9.32%. Track live rate changes on the EURAUD chart.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
Learn how you can make money on rate changes in numerous trading ideas created by our community.
EURAUD is a minor currency pair, i.e. a popular pair that is not associated with USD. Such pairs are also called cross currency pairs.
Currencies are usually traded through forex brokers — choose the one that suits your needs and go ahead. You can trade EURAUD right from TradingView charts — just log in to you broker account. Check out the list of our integrated brokers and find the best one for your needs and strategy.
When deciding to buy or sell currency one should keep in mind many factors including current geopolitical situation, interest rates, and other. But before plunging into a deep research, you can start with EURAUD technical analysis. The technical rating for the pair is buy today, but don't forget that markets can be very unstable, so don't stop here. According to our 1 week rating the EURAUD shows the buy signal, and 1 month rating is buy. See more of EURAUD technicals for a more comprehensive analysis.