• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Economy

EURAUD and EURNZD: EURAUD on the positive side today

by July 12, 2024
written by July 12, 2024

EURAUD and EURNZD: EURAUD on the positive side today

Today’s EURAUD movement formed a higher low this morning compared to Thursday. 
During this morning’s Asian trading session, EURNZD rose to 1.78848 level. 

EURAUD chart analysis

Today’s EURAUD movement formed a higher low this morning compared to Thursday. This is a positive sign for us, as we could see the launch of a bullish option next week. The pair is back above the EMA 200 moving average and has its support for further recovery. We now need an impulse to the 1.61000 level in order to break the previous high and form a new weekly high.

Potential higher targets are the 1.61100 and 1.61200 levels. For a bearish option, we need to initiate a negative consolidation and move down to the 1.60500 level. This is where we will test this morning’s low. EURAUD could easily move to a lower level if the testing is prolonged. Potential lower targets are 1.60400 and 1.60300, this week’s support zone.

 

EURNZD chart analysis

During this morning’s Asian trading session, EURNZD rose to 1.78848 level. After forming this morning’s high, the pair initiated a pullback to the 1.78100 support level. We managed to get support and stop further retreats. The EMA 50 moving average, which is at 1.78000, may have had an impact. With the return above 1.78300, we are back on the positive side above the daily open price.

Such a move could push the momentum to this morning’s high. Potential higher targets are 1.78500 and 1.79000 levels. We need a negative consolidation and pullback below the 1.78000 level for a bearish option. With that, we move below the EMA 50 to the bearish side. After that, we can expect a further pullback to a new low. Potential lower targets are 1.77500 and 1.77000 levels.

 

The post EURAUD and EURNZD: EURAUD on the positive side today appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Democrats don’t get a do-over just because of Biden’s debate meltdown
next post
S&P 500 and Nasdaq fell under bear pressure yesterday

related articles

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Buy Bitcoin Under $100K Before The Next Bull...

April 22, 2025

BNB Price Surge Leads Crypto Gains as Bitcoin...

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

April 21, 2025

Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

April 21, 2025

Gold Price Surge Hits $3,385 Amid Trade Tensions

April 21, 2025

Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

April 21, 2025

Memecoins, AI, and DeFi Tokens Lead Crypto Rebound

April 21, 2025

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Donald Trump Jr arrives in Greenland as his father says Denmark ‘give it up’

    January 7, 2025
  • Climate group scrubs judges’ names from website after unearthed chats unmasked cozy ties

    August 12, 2025
  • CrowdStrike faces double downgrade amid IT outage fallout as Cathie Wood seizes the opportunity

    July 22, 2024
  • Euro index creates new weekly low: yen in consolidation

    August 29, 2024
  • Times Square billboard pops up rallying around ‘historic’ Trump accomplishment during first 100 days

    April 28, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,370)
  • Investing (634)
  • Stock (938)

Latest Posts

  • Trump campaign says pro-lifers give ‘tacit endorsement’ of Harris’ ‘radical’ abortion position by not voting

    September 1, 2024
  • Global Markets on Edge as Trump’s Tariff Deadline Nears

    January 31, 2025
  • Asia markets open: Nikkei soars as Trump eases tariffs, chip stocks lead rally

    April 14, 2025

Recent Posts

  • Federal agencies ordered to use ‘most powerful’ AI systems in first-ever National Security Memo on AI

    October 24, 2024
  • Dollar index ahead of Fed challenge and NFP report

    July 29, 2024
  • White House pushes back against scathing report on Biden’s withdrawal from Afghanistan

    September 9, 2024

Editor’s Pick

  • RFK Jr. says Trump White House will get fluoride out of drinking water

    November 3, 2024
  • JONATHAN TURLEY: Why I’m congratulating the Washington Post

    October 26, 2024
  • Trump envoy Richard Grenell secures freedom for 6 Americans following meeting with Maduro in Venezuela

    February 1, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock