OctaFX | OctaFX Forex Broker
Open trading account

EUR/AUD in wait and see mode

FXStreet (Guatemala) - EUR/AUD is trading at 1.4414, up 0.22% on the day, having posted a daily high at 1.4437 and low at 1.4381.

EUR/AUD is higher onto the 1.44 handle while we await Stevens as the main pick on the calendar today in Australia. It is not clear as to what is gong to be discussed specifically so we will just have to wait and see if it is going to be an event or not. Meanwhile, the hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bearish. At the time of writing, RSI is neutral at 55.59, up from 39.77 at the last hour close, while ADX is trending at 30.10, down from 39.11 previous. On the hourly EUR/AUD chart, the 200 SMA is climbing and currently at 1.4470, up from the previous hour close at 1.4386.

EUR/AUD levels

Current price is 1.4416, with resistance ahead at 1.4424 (Daily 100 SMA), 1.4432 (Hourly 20 EMA), 1.4434 (Daily Classic PP), 1.4437 and 1.4440 (Hourly 100 SMA). Next support to the downside can be found at 1.4386 (Hourly 200 SMA), 1.4385, 1.4381, 1.4379 and 1.4359.

UK seeks parliamentary approval to join airstrikes against ISIS

UK PM Cameron is recalling parliament on Friday seeking approval to take part in airstrikes against ISIS in Iraq, Reuters reports. Cameron said, via Reuters, that Britain “should now move to a new phase of action” against islamic state militants.
Read more Previous

USD/JPY maintains bullish tone, 109.33 highest in Asia

USD/JPY has been correcting lower since the Tokyo open, retreating off 108.35 intraday high, testing bids just ahead of 108.00 mark before a mild rebound to current Y 109.12 pricing.
Read more Next
Start livechat