EUR/AUD and GBP/AUD: what are you watching?

FTC Community TeamStaff170 views

The European-antipodean crosses blend two very different stories: European policy against commodity and China demand. The ranges are wide and the coverage is thin.

EUR/AUD and GBP/AUD: what are you watching? — support and resistance diagram
Price bouncing between support and resistance

Share:

  • which cross you follow and why
  • the levels or stories you're tracking
  • how you handle the wider spreads
EUR/AUD and GBP/AUD: what are you watching? — trend versus range diagram
A trending market compared with a ranging one

Background: commodity currencies and cross rates.

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