TradeCityPro | EURAUD Analysis Buyers in Control

12月13日

👋 Welcome to TradeCityPro Channel!
Let’s step outside the crypto space to analyze the EURAUD entry triggers for the coming week, examining both technical and fundamental aspects.

🌍 Fundamental Overview

The EURAUD pair highlights the ongoing divergence between the Eurozone and Australian economic conditions. The ECB’s hawkish stance, supported by persistent inflation, strengthens the Euro, while the RBA’s dovish policies amid cooling inflation and a softening housing market weigh on the Australian Dollar.

Additionally, Australia’s dependence on Chinese demand for commodities has created vulnerabilities due to China’s weaker-than-expected industrial growth.

Geopolitical tensions, such as the Middle East conflicts, have supported the Euro, reinforcing its stability as a safe-haven currency. In contrast, Australia’s economic slowdown and labor market weakness are adding pressure on the AUD.

The balance may shift as Europe's energy prices stabilize and China introduces economic stimulus measures.

🕒 4-Hour Time Frame

On the 4-hour chart, buyer momentum is evident, particularly as the pair rebounded strongly from the 1.63584 support level after rejecting the 1.65469 resistance twice. This renewed bullish strength signals active buyers in the market.

📈 Long Position Trigger
The 1.65469 level remains a strong trigger for a long position. Breaking above this resistance with volume could target the 1.684 zone, supported by RSI confirmation at 69.96.

📉 Short Position Trigger
Despite the bullish momentum, a failed breakout or lower high near resistance could set up a short opportunity. A more reliable entry would be a breakdown of the 1.6358 support and trendline, targeting the 1.6016 level for a pullback.

The pair’s trajectory will likely depend on macroeconomic developments and shifting risk sentiment in the week ahead.

📝 Final Thoughts

This analysis reflects our opinions and is not financial advice.

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