FxWirePro: Swing trading opportunities in EUR/AUD’s sideway trend
The pair has moved in narrow range (1.50 - 1.5343) after breaking supports at 1.5116 levels.Leading oscillators on daily showing divergence to the previous short term uptrend and on monthly charts are converging these be…
The pair has moved in narrow range (1.50 - 1.5343) after breaking supports at 1.5116 levels.
Leading oscillators on daily showing divergence to the previous short term uptrend and on monthly charts are converging these bearish sentiments.
RSI curve is steeply trending below at 49.9856 and %D line crossover has been maintaining beautifully near 45 levels, (current %D is at around 43.4355 and %K is at 39.7666) but there has been slight divergence on weekly charts.
In our opinion on these technical reasoning creates best swing trading opportunity, it is better to use these rallies and stay calm with earlier ITM long puts and any minor upswings can be utilized OTM put writings.
Most likely scenario: Decline to retest towards 1.5010.
Adverse scenario: Alternatively, it can even test 1.5275.
Overall now the pair is inching towards little upwards slowly, while weekly leading oscillators puzzle by signaling divergence to the dropping prices.
Australia's September 2026 labour report shocked to the negative: unemployment climbed to 4.7% from 4.6% and employment dropped by 39,300 against expectations for a 20,000 increase. Part-time work dropped by 73,700, whic…
UNCX Network, a cryptocurrency token vesting platform formerly known as UniCrypt, suffered a security exploit on Wednesday that drained approximately $86,000 from its shared Ethereum token pool. Blockchain security firm …
Solana is preparing to introduce its highly anticipated Alpenglow consensus upgrade on October 21, 2026, marking one of the blockchain's biggest technological changes since its launch in 2020. The upgrade aims to signifi…
