| Technicals

Become a contributor

Bookmark Econotimes

| Technicals

FxWirePro- Major Pair levels and bias summary

FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains

FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption

FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path

FxWirePro- Major European Indices

EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185

FxWirePro: USD/ZAR edges higher but bearish outlook persists

NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92

FxWirePro- Woodies Pivot(Major)

FxWirePro: GBP/USD dips lower on negative UK retail sales data

NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92

FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook

Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact

FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook

FxWirePro: USD/JPY retreats as Japan signals possible FX intervention

FxWirePro- Major Crypto levels and bias summary

FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike

©Econometrics LLC . All Rights Reserved.

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

Thursday, October 21, 2021 8:34 PM UTC

• EUR/AUD recovered some ground on Thursday as the pair was aided by profit-taking on shorts after (23.6% fib) support holds.

• The pair is currently approaching resistance at 1.5597 (38.2% fib). Resistance at 1.5597is likely to cap further upside in the pair.

• Technical signals are bearish as RSI is at 32, daily momentum studies 9, 11 and 14 DMAs are trending down.

• Immediate resistance is located at 1.5591 ( 38.2%fib), any close above will push the pair towards 1.5624 (9DMA).

• Support is seen at 1.5461 (23.6%fib ) and break below could take the pair towards 1.5419 (Lower BB).

Recommendation: Good to sell on rally around 1.5570, with stop loss of 1.5680 and target price of 1.5500.

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

NSW Parliament Recalled After Bondi Beach Shooting to Debate Stricter Gun Laws and Protest Limits

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand

China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries

Putin Aide Says European, Ukrainian Changes Fail to Improve Ukraine Peace Prospects

Seatrium Reaches $475 Million Settlement With Maersk Over Offshore Wind Vessel Project

Yen Slides as BOJ Caution Undercuts Rate Hike Impact

Najib Razak Awaits Court Rulings in 1MDB Case as Malaysia’s Anti-Graft Drive Faces Test

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.

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

Editor's Picks

Welcome to EconoTimes