Range trading continues in EUR/AUD and intraday bias remains neutral. While another rebound cannot be ruled out, outlook will stay bearish as long as 1.6258 support turned resistance holds. On the downside, decisive break of 1.6078/6108 will resume the whole down trend from 1.8554 high. Next target is 1.5359 projection level. In the bigger picture, […]
The post EUR/AUD Daily Outlook appeared first on ActionForex.
ECB Executive Board Member Philip R. Lane said a second wave of oil and gas price increases is extending Europe’s energy shock and keeping inflation elevated for longer than the ECB expected earlier this year. Read more…
Shares of Warner Bros. Discovery (WBD) and Paramount Skydance (PSKY) surged Monday, Sept. 21, after Paramount struck a deal with California and 11 other states that had sued to stop its planned purchase of Warner Read more…
Intraday bias in EUR/USD is back on the downside with break of 1.1453 temporary low. Fall from 1.1710 is resuming and should target 1.1323 low. On the upside, above 1.1497 minor resistance will turn intraday Read more…