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EURAud to reverse trend!!

P3tr4 Posted 30 June as Analysis on EUR/AUD, Target: 1.3800, Date: 3rd of August, 12:00 GMT  in #Technical analysis #Trend #EUR/AUD #Euraud #Bearish Signs
My prediction on the EurAud is a drop and a continuation of the overall euro bearish-ness.
The pair is in a "wedge", so it needs to break the upper or lower trend line before a trend direction can be determined.
The pair has been marked with lower highs, so a bearish trend seems imminent.
A trend line break will leave the pair open to test the support at 1.3700.
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EURNZD to reverse trend!!

P3tr4 Posted 30 June as Analysis on EUR/NZD, Target: 1.5600, Date: 3rd of August, 12:00 GMT  in #Technical analysis #Eurnzd #Bearish Signs #EUR/NZD
The only reason the eurnzd has been going up is because despite what has been happening to the euro, the new Zealand dollar has had it worse.
MACD has crossed up on the chart (Monthly), so there is still some upside.
But things are going to change very soon, unless the euro zone tidies up its act, there is going to be a very quick change in the market direction. I am expecting a full, solid bearish candle to indicate a reversal.
There is a recent support which stands out@ 1.55, but 1.56 feels sa…
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Bears on the Euro!!

P3tr4 Posted 30 June as Analysis on EUR/USD, Target: 1.0300, Date: 3rd of August, 12:00 GMT  in #Technical analysis #EUR/USD #Bearish Signs #Euro Strength
The Euro is in big trouble. Greece defaulting on its IMF payments is a bad sign.
the charts tell the whole story.
Macd has been under zero for months.
we had a pullback to 1.14, but it is looking like the bears are out.
If the euro goes below 1.0800 on the eurusd, then 1.0500 is next. Then parity.
That parity figure looks very attractive right now.
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