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The EURAUD rally from 12926 is in 5 waves and appears to have culminated with Monday’s reversal. The goal over the next several days and weeks should be to identify a secondary low. The 50% retracement at 13592 (reinforced by the 100% extension of the decline from 14258) and former 4th wave extreme at 13668 is a zone that may produce the bottom.
My opinion for Currency of EURAUD is bearish, price is down below 1.2766 on my system describe that.
let see the SNR area :
R3 : 1.2918
R2 : 1.2850
R1 : 1.2810
PV : 1.2742
S1 : 1.2702
S2 : 1.2634
S3 : 1.2594
Price is moving at area S1 : 1.2702, next could be hit area 1.2634
The EURAUD rally from 12926 is in 5 waves and appears to have culminated with Monday’s reversal. The goal over the next several days and weeks should be to identify a secondary low
EUR/AUD is bullish.
Resistance 1.6105
Resistance 1.6174
Resistance 1.6230
Support 1.5985
Support 1.5933
Support 1.5861
Today analysis for the pair of eur.aud
Is time ke price ye chal rhe he......... 1.6046
Resistance level 1 # 1.6076
Resistance level 2 # 1.6099
Resistance level 3 # 1.6130
Support level 1 # 1.6010
Support level 2 # 1.5970
Support level 3 # 1.5940
Euraud
s3: 1.6001
s2: 1.6022
s1: 1.6035
p: 1.6043
r1: 1.6056
r2: 1.6064
r3: 1.6085
EURAUD chart for today the price appears to move in upward trend as a blue dots appear below the bars and as the price still higher than the strong resistance of 1.4379 which is also the weekly pivot point and it is likely for the price to keep going north unless it hit the weekly pivot resistance at 1.4612 On the other hand if the price breaks the 1.4379 support and also get a bearish signals by a red colored dots it is expected to keep going south till the 1.4227 support as the next weekly pivot level.
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EUR/AUD
This is the Forex quote for the Euro versus the Australian Dollar. In this quote, the value of one Euro ('base currency') is quoted in terms of the Australian Dollar ('counter currency'). EUR/AUD reached its lows in the midst of the European sovereign debt crisis in 2012, when it hit A$1.1619. Since mid-July 2012, the pair has recovered mainly due to the European Central Bank's policy of Outright Monetary Transactions (OMT), the 'whatever it takes' measure that ECB President Draghi threatened in August 2012.
We believe that the break below 1.9290 may have opened the way for the 1.9195 zone, defined by the low of February 27th. If that zone fails to halt the slide, then we may experience extensions towards the 1.9115 barrier, which is marked by an intraday swing low formed on February 21st. Another break, below 1.9115, may carry larger bearish implications, perhaps paving the way for the low of February 25th at around 1.8945.
Eur aud pair pr bhe hum acha work karna ka leay huma bhe ua ma asani say he hum work hasil kar sakha ga or huma us ma jab bhe work kar sakhta hai tu huma bhe acha profit mil sakhta hai us leay huma koshish kar ka forex ko smjhna ho ga