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26 Nov 2014
EUR/AUD driving the Aussie crosses
FXStreet (Guatemala) - EUR/AUD is trading at 1.4657, up 0.22% on the day, having posted a daily high at 1.4704 and low at 1.4558.
EUR/AUD has been a volatile pair and a driving force amongst the Aussie crosses in Europe and settling down in the US session. Early bids took the pair from 1.4560 to 1.4700 in London and through the 1.4650 highs that put a squeeze on before it then settled back to 1.4657 on Constancio, comments. The vice president of the ECB reiterated the ECB’s desire to add more stimulus if needed. He suggested that the ECB will consider buying sovereign debt next quarter echoing President Mario Draghi last week who vow’s to revive inflation “as fast as possible.
EUR/AUD noteworthy levels
Spot is presently trading at 1.4657, and next resistance can be seen at 1.4703 (Daily Classic R1), 1.4704 (Daily High), 1.4778 (Weekly Classic R2), 1.4779 (Daily Classic R2) and 1.4917 (Daily Classic R3). Support below can be found at 1.4642 (Yesterday's High), 1.4633 (Hourly 20 EMA) and 1.4626.
EUR/AUD has been a volatile pair and a driving force amongst the Aussie crosses in Europe and settling down in the US session. Early bids took the pair from 1.4560 to 1.4700 in London and through the 1.4650 highs that put a squeeze on before it then settled back to 1.4657 on Constancio, comments. The vice president of the ECB reiterated the ECB’s desire to add more stimulus if needed. He suggested that the ECB will consider buying sovereign debt next quarter echoing President Mario Draghi last week who vow’s to revive inflation “as fast as possible.
EUR/AUD noteworthy levels
Spot is presently trading at 1.4657, and next resistance can be seen at 1.4703 (Daily Classic R1), 1.4704 (Daily High), 1.4778 (Weekly Classic R2), 1.4779 (Daily Classic R2) and 1.4917 (Daily Classic R3). Support below can be found at 1.4642 (Yesterday's High), 1.4633 (Hourly 20 EMA) and 1.4626.