Eur/Aud

Today's Technical Analysis for: EUR/AUD

According to H4 time Frame, it seems to be
Today Market Trend is : BEARISH


Resistance Level are:-

1> Resistance Level is : 1.5931
2> Resistance Level is : 1.5938
3> Resistance Level is : 1.5947

Supporting Level are:-

1> Supporting Level is : 1.5911
2> Supporting Level is : 1.5906
3> Supporting Level is : 1.5894

Eur/Aud trend is sell

Resistance and Supporting level is:

Resistance 1:1.5937
Resistance 2:1.5949
Resistance 3:1.5960


Supporting 1:1.5911
Supporting 2:1.5900
Supporting 3:1.5891

Intraday bias in EUR/AUD remains neutral for consolidation above 1.5774 temporary low. s long as 1.6154 resistance holds, further decline is still expected. Below 1.5774 will target 1.5346 key support. However, break of 1.6154 will turn intraday bias back to the upside for retesting 1.6765 instead.

today's technical analysis of Eur/Aud is buy

1. Resistance Level:1.5950
2. Resistance Level:1.5961
3. Resistance Level: 1.5972


1. Supporting Level: 1.5916
2. Supporting Level: 1.5905
3. Supporting Level: 1.5894

Daily analysis of the pair

today trend is: sell


Resistance level:

1- Resistance : 1.5937
2- Resistance : 1.5947
3- Resistance : 1.5957


Supporting level :

1- Supporting : 1.5920
2- Supporting : 1.5915
3- Supporting : 1.5910

Resistance and supporting level is


pair is: Eur/Aud

trend is: buy

1, Resistance is : 1.5938
2, Resistance is : 1.5949
3, Resistance is : 1.5960


1, Supporting is : 1.5912
2, Supporting is : 1.5901
3, Supporting is : 1.5890

The price seems to be vacillating between these levels. They seem to be acting like big supply and demand zone now. If the price should break any of this level violently, the market may enter a trending mode. Prices fall in search of new buyers. This is when pullback buyers can join the new wave of uptren

EURAUD reversed off its resistance at 1.5971 (100% Fibonacci extension , 50% & 23.6% Fibonacci retracement , horizontal overlap resistance) where it could drop further to its support at 1.5896 (38.2% Fibonacci retracement , horizontal swing low support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop may occur.

EURAUD is approaching our first support at 1.5807 (horizontal swing low support, 61.8% Fibonacci extension , 61.8% Fibonacci retracement ) and a strong bounce might occur below this level pushing price up to our major resistance at 1.6149 (horizontal swing high resistance, 50% Fibonacci retracement ).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.

EURAUD is approaching our first resistance at 1.5962 (23.6%, 50% Fiboancci retracement, 100% Fibonacci extension , Horizontal swing high resistance ) where we might see a drop in price to our first support at 1.5872 (61.8% Fibonacci extension , 50% Fibonacci retracement , Horizontal swing low support ). The EURAUD pair broke out above a falling wedge pattern formed during an uptrend, which is a bullish signal. Previously, the pair respected the 61.8% Fib level and was supported by the recent weakness in the Australian dollar.