EUR/AUD reversed from strong resistance level 1.4640

EUR/AUD reversed from strong resistance level 1.4640

  • EUR/AUD reversed from strong resistance level 1.4640
  • Next sell target - 1.4300

EUR/AUD continues to decline after the earlier downward reversal from the strong resistance level 1.4640 (which also revered the pervious intermediate ABC correction (4) in December, as can be seen from the daily EUR/AUD chart below). The resistance zone near the resistance level 1.4640 was further strengthened by the upper daily Bollinger Band. The downward reversal from the resistance level 1.4640 created the daily Japanese candlesticks reversal pattern Shooting Stat Doji. 

EUR/AUD is expected to fall to the next sell target at the next support level 1.4300 (previous powerful resistance level from March). 


AUD/USD on its way to reach new highs

AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…


Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera