
The EURAUD cross
has been consolidating after the steep sell-off and was trading at 0.20 per
cent higher on Wednesday, with the price hovering at around 1.5670 during the
London session.
The major support of previous lows in the
1.5580 – 1.5620 area was tested yesterday, but bears failed to push the price
below this zone and a somewhat indecisive candle formed on the daily chart,
which could suggest that the bearish strength is waning slowly. As long as the Euro
remains above this support, the very short outlook seems bullish.
However, if this support zone falls, the
medium-term bearish trend could be confirmed with the next target probably being
near 1.55, or a bit lower.
On the upside, the intraday resistance
could be slightly below the 1.57 level, where Friday’s and Monday’s highs are located.
If this level is broken to the upside,
further relief rally toward 1.5750 may occur. The major resistance is at the
200-day moving average, which is around 1.5850. The single currency needs to
push above this resistance to cancel the medium-term downward momentum and the
next level to consider might be at the 100-day moving average near 1.5950.
Disclaimer:
Analysis and opinions provided herein are intended solely for
informational and educational purposes and don't represent a recommendation or
an investment advice by TeleTrade. Indiscriminate reliance on illustrative or
informational materials may lead to losses.
© 2000-2026. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.