EUR/AUD is moving in an uptrend by forming Higher Highs and Higher Lows.

After market breaking the bottom zone, EUR/AUD starts to fall. We can expect further downward movement on EUR/AUD pair.

Sell Limit : 1.6175

Take Profit : 1.6110

Stop Loss : 1.6250

 

Forexgdp.com Provides High Quality Forex Signals, Analysis and Educational Services. Trading foreign exchange on margin carries high potential rewards but also high potential risks that may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience and risk appetite. Past performance is not indicative of future results, which can vary due to market volatility. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices or other information contained on this website or linked to from this website are provided as general market commentary and do not constitute investment advice. Forexgdp does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD clings to gains near 1.1100 as USD struggles to rebound

EUR/USD clings to gains near 1.1100 as USD struggles to rebound

EUR/USD builds on Thursday's gains and trades in positive territory near 1.1100 in the American session on Friday. The US Dollar struggles to hold its ground despite the upbeat consumer sentiment data for September, allowing the pair to stretch higher.

EUR/USD News
GBP/USD edges higher toward 1.3150 on improving risk mood

GBP/USD edges higher toward 1.3150 on improving risk mood

GBP/USD edges higher toward the 1.3150 area in the second half of the day on Friday. The improving risk mood, as reflected by rising US stock indexes, makes it difficult for the USD to find demand and supports the pair heading into the weekend.

GBP/USD News
Gold climbs to new record-high above $2,580

Gold climbs to new record-high above $2,580

Gold preserves its bullish momentum and trades near $2,580 after setting a new record-high slightly above this level. The 10-year US Treasury bond yield stays in the red below 3.7% as markets reassess the odds of a large Fed rate cut, helping XAU/USD push higher.

Gold News
Crypto Today: WazirX exploiter moves nearly $12 million Ether to new address, Bitcoin, ETH post gains

Crypto Today: WazirX exploiter moves nearly $12 million Ether to new address, Bitcoin, ETH post gains

Bitcoin trades above $58,000 at the time of writing, adding 2% to its value this week. Ethereum hovers around $2,300 as WazirX exchange exploiter moves 5,000 Ether to a new wallet address and a crypto mixer. 

Read more
European Central Bank widely expected to cut interest rates in September

European Central Bank widely expected to cut interest rates in September

The European Central Bank is expected to cut key rates by 25 bps at the September policy meeting. ECB President Christine Lagarde’s presser and updated economic forecasts will be closely scrutinized for fresh policy cues.

Read more
Moneta Markets review 2024: All you need to know

Moneta Markets review 2024: All you need to know

VERIFIED In this review, the FXStreet team provides an independent and thorough analysis based on direct testing and real experiences with Moneta Markets – an excellent broker for novice to intermediate forex traders who want to broaden their knowledge base.

Read More

Majors

Cryptocurrencies

Signatures