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Looks like that after some strong bullish waves on EURAUD the pair is now finally turning to the downside after a completed five wave rise from start of December. We can count five waves down from around 1.5570 high …
EURAUD has lost about nine figures since the start of the year on the back of political fears pressuring the EUR and the risk-friendly mood supporting the AUD via metals. But the pair is now testing the 1.37 support. A …
EUR/USD is the world’s most popular currency pair, but the euro crosses provide opportunities as well. Here is their view, courtesy of eFXnews: EUR/GBP: The essence of a head and shoulder top is present. Spot …
EURAUD closed the week higher bouncing off its major emas and long-term rising trendline originating in Dec’05.This higher close came after a lower close the previous week at 1.6580. Following two …
Donald Trump’s inauguration last Friday has been a concern for traders for several days as a consolidation had taken over markets. Although perhaps the market reaction to his speech was initially somewhat muted, there …
Elsewhere, EURAUD and EURNZD - two pairs that have moved in tandem since the end of April - are both flashing different outcomes to their respective triangles. See the above video for technical considerations in AUDUSD, …
“In London, spot trading in AUDUSD and EURAUD increased by 22.4% YoY [year over year] while trading in USDCAD and EURCAD increased by 6.4% YoY,” Citi analyst Andrew Cox wrote in a note Tuesday. “New …
On the extremes, EURAUD fell by -1.15% and EURCAD gained +0.55%, while in between EURGBP slipped by -0.14% and EURUSD edged lower by -0.11%. Needless to say, these price movements aren’t exactly the …
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