EUR AUD Overview

Previous: On Wednesday the 18th of April, trading on the EURUSD pair closed slightly up at 1.2373. The single currency got a significant boost from the EURGBP and EURCAD crosses. The pound dropped against both the dollar and euro following the release of disappointing UK inflation figures for March....

Previous: On Friday the 13th of April, trading on the single currency closed slightly up against the greenback. Trading was mixed, with the pair fluctuating within a range of 1.2307 – 1.2346 due to a lack of any new impetus. The euro came under pressure from the publication of the minutes of the ECB...

Previous: On Wednesday the 4th of April, trading on the euro/dollar pair closed slightly up. Volatility was consistently high throughout the European session. Still, the exchange rates on the majors didn’t differ much from Tuesday’s closing prices. The trade conflict between the US and China is weig...

Previous: On Friday the 9th of March, trading on the EURUSD pair closed slightly down. The key event of the day for currency markets was the US jobs report (Nonfarm payrolls). Before its release, the exchange rate was hovering around 1.2305. 313,000 new jobs were added outside the agricultural secto...

Previous: On Thursday the 19th of October, trading on the euro/dollar pair closed up. The British pound was not so fortunate. The main reason for the euro’s rise on the crosses was the news from Spain. Mariano Rajoy, the Prime Minister of Spain, announced his government’s intention to impose direct ...

Trading opportunities on the currency pair: The euro has been provided with support by Draghi’s and Yellen’s speeches. In this idea, we’re looking at a breakout of the 1-1 channel at 1.5070 with subsequent growth to 1.5250. It’s worth betting on a rise should the price get a foothold above 1.5070. I...

USD is looking weak ahead of the CPI data. The rest of the market is still under the influence of tensions mounting in the Korean Peninsula. Risk-OFF mode is still with us with stocks heading lower and safe havens like gold and CHF climbing higher. EURUSD bounced off the long-term upwards trend lin....

Today, all eyes were on the Bank of England, but traders who prefer more technical setups, without interference from the fundamentals, should look at the following occasions. Today we have EUR, AUD and the JPY in three different combinations. First up is EURAUD, where EUR is much stronger, and afte....

Trading opportunities on the currency pair: A doji has formed on the weekly chart. On Friday the 26th of May, trading closed with the formation of a reversal hammer. Between the price and the AC indicator, a double bearish divergence has formed. This increases the risk of a breakout of the TR3 trend...

The new week brings with it a weakening American dollar, which can be seen on almost all pairs. This will help various commodities to climb higher. EURUSD had a great day on Friday, but the optimism doesn't stop there and continues into this week. The price failed to close the French elections gap ....

Downswing on the EUR accelerated a little bit after the first two days of this week. On many pairs with the EUR we have weekly lows and we are entering some mid-term bearish sentiment. With those movements we can see few interesting occasions, especially on the pairs with the AUD and NZD. First, we....