25 Sep 2014
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.
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.