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

EURAUD and EURNZD: Euro tries to stop further retreat

by August 30, 2024
written by August 30, 2024

EURAUD and EURNZD: Euro tries to stop further retreat

During this morning’s Asian trading session, EURAUD moved in the 1.62600-1.62950 range
During this morning’s Asian trading session, EURNZD received support at the 1.76600 level

EURAUD chart analysis

During this morning’s Asian trading session, EURAUD moved in the 1.62600-1.62950 range. Only now, at the beginning of the US session, do we see the strengthening of the bullish option and a jump to the 1.63120 level. We have bullish momentum that could continue to push the pair to a new daily high. By moving above 1.63300, we will get the support of the EMA 50 moving average for further resistance to the bullish side.

Potential higher targets are the 1.63400 and 1.63600 levels. The EMA 200 moving average is in the zone of 1.64350 levels. For a bearish option, we need a negative EURAUD consolidation and a return below the 1.63700 level. With that step, we are moving to a new daily low and will be close to testing the weekly low at the 1.62580 level. Potential lower targets are the 1.62400 and 1.62200 levels.

 

EURNZD chart analysis

During this morning’s Asian trading session, EURNZD received support at the 1.76600 level. The pair started a bullish consolidation from that place and recovered to the 1.77100 level. In this zone, we will try to move above the 1.77400 level and the EMA 50 moving average. If we succeed in this, we will be better positioned to continue on the bullish side.

There’s also potential for loss with the 1.77500 and 1.78000 levels as higher targets. For a bearish option, we need a negative consolidation and a return to the 1.76500 level. This will push us to a new weekly low and thus strengthen the bearish momentum. Potential lower targets are the 1.76000 and 1.75500 levels.

 

The post EURAUD and EURNZD: Euro tries to stop further retreat appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
AUDUSD consolidates around the weekly open price
next post
TNA Stock: Predictions, Live Stats, and What to Know

related articles

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Trump’s Fed Criticism Sparks Investor Concerns

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

  • Biden’s strange use of teleprompter in donor’s home infuriated supporters, dashed expectations

    July 9, 2025
  • Here’s who Biden blames for his 2024 election loss, Trump divulges after private convo

    February 28, 2025
  • Probe into Biden’s alleged mental decline cover-up deepens with more former White House officials to testify

    July 2, 2025
  • On Trump calling Harris ‘comrade,’ top Democrat surrogates argue ‘that boat doesn’t float’

    August 22, 2024
  • Cracker Barrel rebrand: Why companies retreat when faced with consumer criticism

    August 29, 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

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

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,925)
  • Investing (634)
  • Stock (922)

Latest Posts

  • EURGBP and EURCHF: EURGBP has fallen to a two-year low

    July 15, 2024
  • JPMorgan Chase CEO Jamie Dimon on Trump tariffs: ‘Get over it’

    January 23, 2025
  • Biden focused on ‘legacy’ in final months, but skeleton schedule ‘signals’ an empty house to rivals: expert

    August 13, 2024

Recent Posts

  • Apprentice alum joins Women for Trump, speaks out against ‘sad’ Harris-supporting contestants

    November 1, 2024
  • Lineage’s Nasdaq debut sees 5% rise, raising $4.4 billion amid aggressive growth strategy

    July 25, 2024
  • House Dems organize rapid response task force and litigation group to combat Trump agenda

    February 11, 2025

Editor’s Pick

  • Euro zone inflation climbs to 2.4% in December, meeting expectations

    January 7, 2025
  • ‘Long overdue’: Senate Republicans ram through Trump’s clawback package with cuts to foreign aid, NPR

    July 17, 2025
  • Former President Jimmy Carter remembered and praised as a humanitarian around the world

    December 30, 2024
  • 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