EURAUD Outlook

eur/aud-weekly-outlook

20 Apr: EUR/AUD Weekly Outlook

EUR/AUD’s strong rebound from 1.6368 extended higher last week and the development argues that fall from 1.6742 has completed with three waves down to 1.6368. Initial bias stays on the upside this week for retesting 1.6742 next. On the downside, however, break of 1.6534 will turn bias back to the downside for retesting 1.6368 support

eur/aud-each-day-outlook

19 Apr: EUR/AUD Each day Outlook

Daily Pivots: (S1) 1.6542; (P) 1.6573; (R1) 1.6607; More… EUR/AUD’s rally from 1.6368 resumed after brief consolidations. Breach of 1.6677 resistance argues that fall from 1.6742 has completed as a three-wave corrective move to 1.6368. Intraday bias is back on the upside for retesting 1.6742. On the downside, below 1.6534 support will turn intraday bias

eur/aud-day-by-day-outlook

18 Apr: EUR/AUD Day by day Outlook

Daily Pivots: (S1) 1.6548; (P) 1.6574; (R1) 1.6612; More… Intraday bias in EUR/AUD is turned neutral with current retreat and some consolidations would be seen. Further rally is mildly in favor. Above 1.6616 will resume the rebound form 1.6368 to 1.6677 resistance next. Break there will confirm that correction from 1.6742 has completed, and bring

eur/aud-day-by-day-outlook

17 Apr: EUR/AUD Day by day Outlook

Daily Pivots: (S1) 1.6502; (P) 1.6560; (R1) 1.6648; More… Intraday bias in EUR/AUD stays mildly on the upside at this point. Rise from 1.6368 would target 1.6677 resistance next. Break there will confirm that correction from 1.6742 has completed, and bring further rally through this high. On the downside, though, below 1.6511 minor support will

eur/aud-day-by-day-outlook

16 Apr: EUR/AUD Day by day Outlook

Daily Pivots: (S1) 1.6438; (P) 1.6468; (R1) 1.6521; More… Intraday bias in EUR/AUD turned back to the upside with break of 1.6516 resistance. Further rally would be seen to 1.6677 resistance next. Break there will confirm that correction from 1.6742 has completed, and bring further rally through this high. On the downside, though, break of

eur/aud-every-day-outlook

15 Apr: EUR/AUD Every day Outlook

Daily Pivots: (S1) 1.6403; (P) 1.6442; (R1) 1.6505; More… Intraday bias in EUR/AUD remains neutral for the moment. Risk will stay on the downside as long as 1.6516 resistance holds. On the downside, below 1.6368 will resume the fall from 1.6742 towards 1.6127 low. Nevertheless, break of 1.6516 will turn bias back to the upside

eur/aud-weekly-outlook

14 Apr: EUR/AUD Weekly Outlook

EUR/AUD’s fall from 1.6742 extended to 1.6368 last week before turning sideway. Initial bias stays neutral this week first, but risk will stay on the downside as long as 1.6516 resistance holds. On the downside, below 1.6368 will resume the fall from 1.6742 towards 1.6127 low. Nevertheless, break of 1.6516 will turn bias back to