EUR/AUD Down 87 Pips Over Past 4 Hours, Moves Down For the 5th Day In A Row; Pin Bar Pattern Appearing on Chart
Interestingly, a trend in the other direction exists on the 90 day timeframe, where price is headed up.
EURAUD
(Last Updated April 8, 2020)
Welcome to the news page for EURAUD. Below you’ll find our daily market updates. Here’s a summary of where things currently stand:
The Latest News On Trends by Moving Averages
Here is what the moving averages are indicating about the trend in the rate of EURAUD:
20 Day Moving Average Direction: bearish
50 Day Moving Average Direction: bullish
100 Day Moving Average Direction: bullish
200 Day Moving Average Direction: bullish
How the Current EURAUD Rate Fares Relative to the Past Year?
Yesterday saw the market for EURAUD close at a rate of 1.765. On a relative basis, that puts the pair closer to its 52 week low (currently at 1.5894) than its 52 week high (now at 1.98073).To dig deeper and get the latest news on EURAUD, try the links below. You can also visit the MarketWatch or Investing.com pages on EURAUD for more news as well.
EUR/AUD Up 76 Pips Over Past 4 Hours, Entered Today Down For the 4th Day In A Row; Doji Pattern Appearing on Chart
Trade: place buy stop order, anticipating a continuation to the upside after the pull back.
EUR/AUD Down 4 Pips in Last 4 Hours, Moves Down For the 5th Day In A Row; Pin Bar Pattern Appearing on Chart
This imputes a buy/sell ratio of 2, which is bullish.
EUR/AUD Down 110 Pips On 4 Hour Chart, in a Downtrend Over Past 14 Days; Pin Bar Pattern Appearing on Chart
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time.
EUR/AUD Down 52 Pips in Last 4 Hours, Came Into Today Down For the 2nd Day In A Row; in a Downtrend Over Past 14 Days
As for the rationale, technical traders seem to be citing the appearance of a triangle technical pattern.
EUR/AUD Down 86 Pips in Last 4 Hours, Moves Down For the 3rd Day In A Row; Pin Bar Pattern Appearing on Chart
Interestingly, a trend in the other direction exists on the 14 day timeframe, where price is headed down.
EUR/AUD Down 8 Pips On 4 Hour Chart, 2 Day Up Streak Broken; in a Downtrend Over Past 14 Days
Volatility for eur/aud has been contracting over the past two weeks relative to volatility over the past month.
EUR/AUD Down 27 Pips in Last 4 Hours, 4 Day Down Streak Snapped; Pin Bar Pattern Appearing on Chart
Relative to other instruments in the forex asset class, eur/aud ranked 25th the day prior in terms of percentage price change.
EUR/AUD Down 26 Pips Over Past 4 Hours, in an Uptrend Over Past 90 Days; Pin Bar Pattern Appearing on Chart
Relative to other instruments in the forex asset class, eur/aud ranked 24th the day prior in terms of percentage price change.
EUR/AUD Down 28 Pips Over Past 4 Hours, in an Uptrend Over Past 30 Days; Pin Bar Pattern Appearing on Chart
For additional context, note that price has gone up 8 out of the past 14 days.