Tag: EURAUD

• EURAUD reversed from resistance level 1.5335 • Likely to fall to support level 1.500 EURAUD recently reversed down from the key resistance level 1.5335 (which has been reversing the price from the start of March), upper daily Bollinger Band and the 50% Fibonacci correction of the downward impulse from February. The downward reversal from […]

• EURAUD broke resistance level 1.5000 • Likely to rise to resistance level 1.5400 EURAUD currency pair rising strongly after it broke the round resistance level 1.5000 (which stopped the previous minor wave (a)) intersecting with the resistance trendline from February and the 61,8% Fibonacci correction of the downward impulse form July. The breakout of […]

• EURAUD reversed from support level 1.4325 • Likely to rise to resistance level 1.4470 EURAUD currency pair recently reversed up from the key support level 1.4325 (which stopped the previous sharp downward impulse wave (5) in April). The support area near the support level 1.4325 was strengthened by the lower daily Bollinger Band. The […]

• EURAUD reversed from support level 1.4370 • Likely to rise to resistance level 1.4600 EURAUD currency pair recently reversed up from the support level 1.4370 (which stopped the sharp downtrend in April) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 1.4370.10 stopped the previous short-term downward impulse wave […]

• EURAUD reversed from support level 1.44 • Likely to rise to resistance level 1.4740 EURAUD currency pair recently reversed up sharply from the powerful support level 1.4400 (which previous stopped the sharp downtrend in April, as can be seen below). The upward reversal from the support level 1.4400 started the active minor correction 2. […]

• EURAUD broke resistance zone • Likely to rise to resistance level 1.6125 EURAUD currency pair recently broke the resistance zone lying between the key resistance level 1.5950 (which has been reversing the pair from January) and the 61.8% Fibonacci correction of the previous ABC correction (2) from December. The breakout of this resistance zone accelerated […]

• EURAUD broke key resistance level 1.5700• Likely to rise to resistance level 1.5865 EURAUD currency pair recently broke key resistance level 1.5700 (which has been reversing the price from December). The breakout of the resistance level 1.5700 accelerated the active short-term impulse waves 1 and (3). Given the rising euro bullishness seen today – […]