November 05, 2025 a 04:28 am
EURAUD: Trend and Support & Resistance Analysis
The EURAUD currency pair has demonstrated moderate volatility over the recent months. By analyzing recent trend patterns, we observe fluctuations and identifiable key zones that are crucial for technical analysis. Traders should be mindful of the support and resistance levels to strategize their next moves accordingly. The calculated EMAs suggest a trend to watch closely.
Trend Analysis
| Date | Close Price | Trend |
|---|---|---|
| 2025-11-05 | 1.76868 | ▼ |
| 2025-11-04 | 1.76156 | ▼ |
| 2025-11-03 | 1.76093 | ▼ |
| 2025-11-02 | 1.76092 | ▼ |
| 2025-11-01 | 1.76404 | ▼ |
| 2025-10-31 | 1.76404 | ▼ |
| 2025-10-30 | 1.76412 | ▼ |
The recent trend reflects a bearish movement as EMA20 has consistently remained below EMA50 in the analyzed days. The continuation of this setup can indicate further price declines unless a trend reversal is observed.
Support and Resistance
| Zone Type | Price Range |
|---|---|
| Support | 1.7500 - 1.7600 ▼ |
| Support | 1.7400 - 1.7500 ▼ |
| Resistance | 1.7800 - 1.7900 ▲ |
| Resistance | 1.7700 - 1.7800 ▲ |
The close price currently resides near the upper support zone, indicative of impending pressure that could push the price higher. However, breakout from these critical zones would set the tone for future movements.
Conclusion
The EURAUD currency pair exemplifies a downturn, with key support zones currently being tested. Market bears have maintained dominance, but any significant breach of identified support levels might lead to a new bearish wave. It remains crucial for analysts to monitor fundamental as well as technical parameters for informed trading decisions. Nonetheless, caution is advised until a solid confirmation is received on trend reversals.
### JSON Data