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-530 Points in EURAUD

EURAUD Analysis

EURAUD is moving in Ascending trend line and market has reached higher low area of the pattern

 

EURAUD Update

EURAUD consolidates near higher lows, indicating a potential stop-loss level, yet it may rebound within the ascending channel.

Reason Owing to a succession of economic news events, such as those listed below, the market is currently devoid of significant technical fluctuations.

Australia Employment Change

Australia Full Employment Change

Australia Unemployment Rate

France Services Purchasing Managers Index (PMI)

France Manufacturing Purchasing Managers Index

German Bundesbank Vice President Buch Speaks

Exercise patience and await a strong signal for the next favorable trading opportunity. Our priority is to ensure your safety while trading in all market conditions.


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+670 Points in EURAUD

EURAUD Analysis

EURAUD is falling from the high of the pattern  

After the confirmation of the Downward movement, the EURAUD Sell signal was given.

EURAUD Sell signal reached the take profit target successfully.


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+750 Points in EURAUD

EURAUD Analysis

EURAUD is moving in Descending channel and market has reached lower high area of the channel

EURAUD

After the confirmation of the Downward movement, the EURAUD Sell signal was given.

EURAUD Sell signal reached the take profit target successfully.


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+750 Points in EURAUD

EURAUD Analysis:

EURAUD reached the horizontal support and the higher low area of the Uptrend line in the weekly timeframe chart.

EURAUD Analysis

After the confirmation of the Upward movement, EURAUD Buy signal was given.

EURAUD buy signal reached the take profit target successfully.


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EURAUD consolidates near support & ascending channel’s higher low which leads to -725 Points

EURAUD Analysis:

euraud at the higher low

EURAUD reached the higher low area of the major ascending channel in the higher timeframe daily chart

euraud AT THE LOWER low of channel

In the 4-hour timeframe, EURAUD reached the lower low area of the descending channel

euraud broken the descending channel

In the smaller timeframe 1-hour chart, EURAUD has broken and retested the minor descending channel

EURAUD Update:

EURAUD consolidates near the higher low, heading towards the daily chart’s horizontal support, possibly triggering the SL price. Nevertheless, a correction is expected from the upcoming support zone, and EURAUD maintains its longer-term uptrend.


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