| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro: USD/CNY rises as geopolitical risks drive dollar strength

FxWirePro: USD/ZAR slips towards key support as rand firms after Trump delays strikes on Iran energy sites

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

FxWirePro: GBP/NZD recovers slightly on signs of potential de-escalation in global tensions

FxWirePro: EUR/AUD gains some upside momentum but still bearish

NZDJPY Under Pressure: Kiwi Sell-Off Drags Pair Toward Critical Support

FxWirePro: USD/JPY edges higher but upside is limited

FxWirePro: GBP/AUD bounces after Trump Unwinds Iran Ultimatum

FxWirePro- Major Pair levels and bias summary

FxWirePro: AUD/USD softens amid mounting Iran war uncertainty

FxWirePro: EUR/AUD gains some upside momentum , but outlook is bearish

FxWirePro- Major Crypto levels and bias summary

Ethereum Gains Momentum: Ether Reclaims USD 2,150 as Global Tensions Subside

FxWirePro: EUR/NZD recovers some ground but outlook is bearish

FxWirePro:NZD/USD remains pressured, Fitch downgrades rating outlook

FxWirePro- Woodies Pivot(Major)

FxWirePro- Major Pair market sentiment (CCI-ADX-EMA) setup

©Econometrics LLC . All Rights Reserved.

EUR/AUD faces strong trend line resistance at 1.5725, targets 1.5490

Monday, October 19, 2015 5:37 AM UTC

EUR/AUD has made a high of 1.5707 today and slightly retreating from that level. It is currently trading at 1.5645.
EUR/AUD is facing strong trend line resistance around 1.5705 (trend line joining 1.6145 and 1.5820) and any break above will take the pair till 1.5780/1.5825.
On the downside major support is around 1.5580 and break below will drag the pair to next level till 1.5530/1.5490/1.5395.

It is good to sell on rallies around 1.5645-50 with SL around 1.5720 for the TP of 1.5490

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Elliott Investment Management Takes Multibillion-Dollar Stake in Synopsys

TSA Absences Surge During Government Shutdown as ICE Agents Prepare Airport Deployment

Ukraine-U.S. Peace Talks Continue in Florida as Zelenskiy Pushes for Diplomatic Progress

Trump Links DHS Funding to Voter ID Legislation

Iran Threatens Gulf Infrastructure as U.S.-Israel War Enters Critical 48-Hour Window

U.S. Appeals Court Strikes Down FTC Order Against TurboTax "Free" Advertising

Gold Prices Drop Amid Inflation Fears and U.S.-Iran Escalation

Cuba-U.S. Military Tensions: Havana Warns It Is Ready to Defend Itself Against Potential American Aggression

Oil Prices Hold Steady Amid Middle East Escalation and Sanctions Relief

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

EUR/AUD faces strong trend line resistance at 1.5725, targets 1.5490

Editor's Picks

Welcome to EconoTimes