EURAUD Heading Towards a Break?

Key Highlights Euro remained under the bearish pressure against the Aussie Dollar, and traded towards 1.5500. There is a major breakout pattern forming on the hourly chart of the EURAUD pair pointing towards a break. The minutes of the Reserve Bank of Australia meetings were released earlier during the Asian session which failed to leave an impact on the Aussie Dollar. ...
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EURAUD Remains Elevated Post AUS Employment Report

Key Highlights Euro surged higher this week against the Aussie Dollar, as the latter one got hammered due to risk off sentiment. EURAUD climbed towards 1.4950-60 where it found sellers and currently correcting lower. Chinese Consumer Price Index is released by the National Bureau of Statistics of China remained flat at 0% in June 2015 whereas the market was expecting a ...
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EURAUD – Euro at Continued Risk of Weakness around 1.4550

Key Highlights Euro trading around at an important support area versus the Aussie Dollar, and remains at risk of a break lower. EURAUD recently traded around 1.4550 where it found sellers. In the US, there are several economic releases lined up today, including the initial jobless claims, Markit PMI and personal income data. EURAUD Technical Analysis There was ste...
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