EURAUD continues to fall after the recent breakout of the key round support level 1.7000 (which stopped the A-wave of the active ABC correction (4) from the middle of March.
The breakout of the support level 1.7000 strengthened the bearish pressure on this currency pair.
EURAUD is expected to fall further toward the next support level 1.6600 (target price for the completion of the longer-term ABC correction (4)).
US CPI data a bit softer than forecasts, sparking brief market optimism, but resistance remains.…
🛢️ Oil prices are finding fresh strength as geopolitical tensions in the Middle East reignite…
Middle East tensions and Venezuelan supply shifts drive Brent crude volatility, with geopolitical risks and…
Crypto market edges up as risk appetite returns; Bitcoin and Ethereum recover, despite investor caution…
The dollar resumed its growth after the lawsuit against the Fed chairman. Rumours of early…
Today is Tuesday, the 13th of January, and we will talk about the natural gas…
This website uses cookies
