EURAUD Looking Up

by Ashraf Laidi
Apr 27, 2009 10:33

EURAUD Looking Up - EURAUD Apr 27 (Chart 1)

While both the Aussie and euro have shown to come under pressure against USD and JPY during risk aversion, it is the Aussie that underperforms relative to the euro during these times of falling risk appetite. Daily technicals show continued stabilization in the oscillators, while the weekly chart shows a more clearly bullish formation. Note that FX markets have grown more risk averse than their equity counterparts (as seen in the short-lived gains in risk currencies such as GBP, EUR and CAD). As equities start to exhibit further pullbacks, expect EURAUD to extend gains towards 1.8440 and 1.8550. Support seen standing a. 1.8185, backed by 1.80.

 

More Hot-Charts

  • Patterns on Fridays & Mondays

    Mar 30, 2026 14:38 | by Ashraf Laidi
    Since the start of the war on Iran, the pattern of falling Fridays in US equity indices has become obvious. Will the pattern ends this week.
  • Pre Fed Technicals

    Mar 18, 2026 14:52 | by Ashraf Laidi
    سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group...
  • GoldBugs & Levels

    Mar 3, 2026 16:14 | by Ashraf Laidi
    سأرسل رسالة صوتية و كتابية توضيحية لأعضاء مجموعة الواتساب الخاصة حول هذه المخططات - Will send detailed note on latest parameters to our WhatsApp Bdcst Group - -...
Hot-Chart Archives