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Research Results

Results for 'EURAUD'

2 articles with this tag name

EURAUD collapses

Updated -  Mar 26, 2014 1:32:42 AM


It has been a pretty bad couple of weeks for EURAUD, with the pair smashing through support zone after support zone. First it broke through a grouping of daily SMAs, before breaking through the base of its prior trading channel. Now the pair has punched through its 100-day SMA and is nearing its lowest level this year. It’s not just the euro that’s losing ground to the Aussie, the commodity currency is rising across the  [...] Continue Reading


EURAUD: is 1.55 back on the cards?

Updated -  Jan 7, 2014 8:20:00 AM


It was a good start to the year for the Aussie, after being the second most sold currency in the G10 vs. the USD; it received some respite at the start of the year, which triggered some profit taking in EURAUD. After reaching a high of 1.5501 on New Year’s Day this cross fell to a low of 1.5156 on Friday.  This looks like it could be a short term bottom, and this pair  [...] Continue Reading

Tags: currency, ECB, EURAUD

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