EUR/AUD’s rebound from 1.7671 extended higher last week. The late breach of 1.7972 resistance added to the case that correction from 1.8094 has already completed with three waves down to 1.7671. Initial bias is mildly on the upside this week for 1.8094 first. Firm break there will resume the rally from 1.7245 to 61.8% projection […]
The post EUR/AUD Weekly Outlook appeared first on Action Forex.
Eurozone producer price inflation accelerated sharply in March, with PPI rising 3.4% mom and 2.1% yoy, exceeding expectations of 3.3% mom and 1.8% yoy. The increase was driven overwhelmingly by energy costs, highlighting the growing Read more…
EUR/USD rose to 1.1717 on Wednesday, snapping a three-day losing streak. Pressure on the US dollar stems from growing expectations that the US will reach a negotiated settlement with Iran, reducing demand for the USD Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Two-in-one laptops and tablets are versatile Read more…