Skip to content
  • Forex News
    • EURUSD
    • GBPUSD
    • GBPJPY
    • USDTRY
  • Crypto
    • Bitcoin
    • Ethereum
    • Bitcoin Cash
    • Litecoin
  • Metals
    • Gold
    • Silver
    • Copper
    • Platinum
  • Energy
    • Crude Oil
    • Brent
    • Natural Gas
    • Gasoline
  • Equity Indices
    • Russell 2000
    • S&P 500
    • FTSE 100
    • Nikkei 225
  • US Stocks
  • Free Trading Course
  • About+
    • Contact
    • Contributors
    • Our Mission: Help Traders Make Better Decisions
    • Widgets for Crypto, Stock Indices, and More

EURAUD

(Last Updated March 16, 2021)

Welcome to the news page for EURAUD (EURAUD). Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:

Forex Calendar for EURAUD

metric_name reference_period asset_name asset_id date time forecast outcome
Australia House Price Index QoQ Q4 2020 Australian Dollar AUD 2021-03-16 00:30 GMT 2% 3%
Australia RBA Meeting Minutes NA Australian Dollar AUD 2021-03-16 00:30 GMT
Euro Area ECB Enria Speech NA Euro EUR 2021-03-16 11:00 GMT
Australia RBA Kent Speech NA Australian Dollar AUD 2021-03-16 23:30 GMT
Euro Area Inflation Rate YoY Final Feb 2021 Euro EUR 2021-03-17 10:00 GMT 0.9%

The Trend

If we observe the 90 and 30 day timeframes, we see a downtrend in place for EURAUD.

EURAUD Moving Averages

EURAUD’s moving averages suggest the trend on a number of time horizons is bearish.

The chart below illustrates.

As for assets in the Forex asset class EURAUD has been correlated to over the past week, it has demonstrated the strongest correlation with NZDJPY. Over the past 14 days, however, USDCAD is the asset most correlated to EURAUD. On the flip side, NZDCAD has been the asset least correlated with EURAUD — but if we observe the prior two weeks, CHFJPY has been the asset least correlated with EURAUD. See the chart below to observe the recent price action in EURAUD versus those of assets it hasn’t been well correlated with.

.

The View From the Weekly Timeframe

At the time of this writing, EURAUD’s rate is down -91 pips (-0.59%) from the week prior. It’s been a feast for bears operating on the weekly timeframe, as EURAUD has now gone down 4 of the past 5 weeks. If you’re a trend trader, consider that the strongest clear trend on the weekly chart exists on the 20 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The weekly chart below shows EURAUD’s price action over the past year.

EURAUD: The Monthly View

Clearest trend on the monthly is apparent at the 60 month timeframe.

EURAUD Up 4 Pips On Hourly Chart, Entered Today Up For the 2nd Day In A Row; Pin Bar Pattern Appearing on Chart

Categories Forex News Tags EURAUD
April 14, 2021April 14, 2021

The closest is the 100 day average, which is 87.6 pips away.

EURAUD Down 5 Pips in Last Hour, Entered Today Up For the 2nd Day In A Row; Pin Bar Pattern Appearing on Chart

Categories Forex News Tags EURAUD
April 14, 2021April 13, 2021

Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.

EURAUD Down 6 Pips Over Past Hour; in an Uptrend Over Past 14 Days

Categories Forex News Tags EURAUD
April 13, 2021April 12, 2021

This move is a reversal from the hour prior, which saw price move up.

EURAUD Down 5 Pips in Last Hour; in an Uptrend Over Past 14 Days

Categories Forex News Tags EURAUD
April 12, 2021April 9, 2021

It should be noted, though, that a trend in the opposite direction, going down, exists on the 90 day timeframe.

EURAUD Up 22 Pips in Last Hour, 2 Day Up Streak Ended; Nears 50 Day Moving Average

Categories Forex News Tags EURAUD
April 9, 2021April 8, 2021

This move is a reversal from the hour prior, which saw price move down.

EURAUD Down 0 Pips Over Past Hour, Moves Up For the 2nd Straight Day; Breaks Above 50 Day Average

Categories Forex News Tags EURAUD
April 8, 2021April 7, 2021

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down.

EURAUD Up 15 Pips On Hourly Chart, Price Base in Formation Over Past 30 Days; is Inching Close to 20 and 50 Day Averages

Categories Forex News Tags EURAUD
April 7, 2021April 6, 2021

This is a reversal of the price action on the previous hour, in which price moved down.

EURAUD Down 5 Pips Over Past Hour; Eyes 20 Day Average

Categories Forex News Tags EURAUD
April 6, 2021April 5, 2021

This move is a reversal from the hour prior, which saw price move up.

EURAUD Down 5 Pips On Hourly Chart, in a Downtrend Over Past 90 Days; Price Base in Formation Over Past 14 Days

Categories Forex News Tags EURAUD
April 5, 2021April 2, 2021

Relative to other instruments in the forex asset class, euraud ranked 5th the day prior in terms of percentage price change.

EURAUD Up 2 Pips in Last Hour, Came Into Today Up For the 3rd Consecutive Day; in a Downtrend Over Past 90 Days

Categories Forex News Tags EURAUD
April 3, 2021March 31, 2021

If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.

Post navigation
Older posts
1 2 … 29 Next →
+ More
© 2021 CFDTrading

747 Third Avenue
New York, NY 10017 USA

Brokers and Publishers: Advertise | Widgets

Follow on social media: Facebook | Twitter | LinkedIn

Scroll back to top