ActionForex.com
May 31 07:36 GMT

Sponsors

Forex Expos

Action Insight: EUR/AUD Technical Outlook

Action Insight is the most popular section of the site, read by traders around the world. Our team of analysts work around the clock, analyzing the markets from technical and fundamental perspectives in providing the reports in this section to you.



EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | May 31 16 07:29 GMT
Intraday bias in EUR/AUD remains neutral for consolidation below 1.5644 temporary top. Further rise is expected as long as 1.5218 support holds. Above 1.5644 will extend the rebound from 1.4432 to trend line resistance (now at 1.6014). Price actions from 1.6587 are viewed as a sideway pattern, which could be a triangle. That is, another falling leg could be seen before up trend finally resumes. Hence, we'd be cautious on strong resistance below 1.6250 to bring near term reversal. Meanwhile, break of 1.5218 will indicate that rise from 1.4432 is completed and turn bias to the downside.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | May 30 16 12:50 GMT
Intraday bias in EUR/AUD remains neutral for consolidation below 1.5644 temporary top. Further rise is expected as long as 1.5218 support holds. Above 1.5644 will extend the rebound from 1.4432 to trend line resistance (now at 1.6014). Price actions from 1.6587 are viewed as a sideway pattern, which could be a triangle. That is, another falling leg could be seen before up trend finally resumes. Hence, we'd be cautious on strong resistance below 1.6250 to bring near term reversal. Meanwhile, break of 1.5218 will indicate that rise from 1.4432 is completed and turn bias to the downside.
Read more...
 
EUR/AUD Weekly Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | May 28 16 09:58 GMT
EUR/AUD edged higher to 1.5644 but retreated back to familiar range. Initial bias stays neutral for consolidations below 1.5644. Further rise is expected as long as 1.5218 support holds. Above 1.5644 will extend the rebound from 1.4432 to trend line resistance (now at 1.6028). Price actions from 1.6587 are viewed as a sideway pattern, which could be a triangle. That is, another falling leg could be seen before up trend finally resumes. Hence, we'd be cautious on strong resistance below 1.6250 to bring near term reversal. Meanwhile, break of 1.5218 will indicate that rise from 1.4432 is completed and turn bias to the downside.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | May 26 16 09:43 GMT
Intraday bias in EUR/AUD remains neutral as consolidation from 1.5644 temporary top continues. Outlook will remain bullish with 1.5128 support intact and further rise is expected. Above 1.5644 support will target trend line resistance (now at 1.6040). Price actions from 1.6587 are viewed as a sideway pattern, which could be a triangle. That is, another falling leg could be seen before up trend finally resumes. Hence, we'd be cautious on strong resistance below 1.6250 to bring near term reversal. Break of 1.5218 will indicate near term reversal.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | May 25 16 07:44 GMT
Despite breaching 1.5602, EUR/AUD quickly pulled back and intraday bias stays neutral first. Outlook will remain bullish with 1.5128 support intact and further rise is expected. Above 1.5644 support will target trend line resistance (now at 1.6040). Price actions from 1.6587 are viewed as a sideway pattern, which could be a triangle. That is, another falling leg could be seen before up trend finally resumes. Hence, we'd be cautious on strong resistance below 1.6250 to bring near term reversal. Break of 1.5218 will indicate near term reversal.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | May 24 16 03:45 GMT
Intraday bias in EUR/AUD remains neutral for consolidation below 1.5602. But still, with 1.5218 support intact, further rise is expected to trend line resistance (now at 1.6040). Price actions from 1.6587 are viewed as a sideway pattern, which could be a triangle. That is, another falling leg could be seen before up trend finally resumes. Hence, we'd be cautious on strong resistance below 1.6250 to bring near term reversal. Break of 1.5218 will indicate near term reversal.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | May 23 16 03:33 GMT
Intraday bias in EUR/AUD remains neutral for consolidation below 1.5602. But still, with 1.5218 support intact, further rise is expected to trend line resistance (now at 1.6040). Price actions from 1.6587 are viewed as a sideway pattern, which could be a triangle. That is, another falling leg could be seen before up trend finally resumes. Hence, we'd be cautious on strong resistance below 1.6250 to bring near term reversal. Break of 1.5218 will indicate near term reversal.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | May 20 16 04:40 GMT
Intraday bias in EUR/AUD remains neutral for consolidation below 1.5602. But still, with 1.5218 support intact, further rise is expected to trend line resistance (now at 1.6040). Price actions from 1.6587 are viewed as a sideway pattern, which could be a triangle. That is, another falling leg could be seen before up trend finally resumes. Hence, we'd be cautious on strong resistance below 1.6250 to bring near term reversal. Break of 1.5218 will indicate near term reversal.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | May 18 16 08:10 GMT
Intraday bias in EUR/AUD remains neutral for the moment. But still, with 1.5218 support intact, further rise is expected to trend line resistance (now at 1.6040). Price actions from 1.6587 are viewed as a sideway pattern, which could be a triangle. That is, another falling leg could be seen before up trend finally resumes. Hence, we'd be cautious on strong resistance below 1.6250 to bring near term reversal. Break of 1.5128 will indicate near term reversal.
Read more...
 
EUR/AUD Daily Outlook Print E-mail
EURAUD Outlook | Written by ActionForex.com | May 17 16 07:54 GMT
Intraday bias in EUR/AUD remains neutral for the moment. But still, with 1.5218 support intact, further rise is expected to trend line resistance (now at 1.6040). Price actions from 1.6587 are viewed as a sideway pattern, which could be a triangle. That is, another falling leg could be seen before up trend finally resumes. Hence, we'd be cautious on strong resistance below 1.6250 to bring near term reversal. Break of 1.5128 will indicate near term reversal.
Read more...
 
<< Start < Prev 1 2 3 4 5 6 7 8 9 10 Next > End >>

Page 1 of 98

Latest in Technical Outlook

Facebook MySpace Twitter Digg Delicious Google Bookmarks 

Forex Brokers

ActionForex.com © 2016 All rights reserved.