What is EUR AUD FX forecast?

Q&A about EUR to AUD Fx forecast. At Walletinvestor.com we predict future values with technical analysis for wide selection of Forex currency pairs like EUR/AUD. If you are looking for Forex pairs with good return, EURAUD can be a profitable investment option. EUR/AUD rate equal to 1.633 at 2023-12-02 (today's range: 1.378 - 1.634).

Will EUR/AUD exchange rate grow / rise / go up?

The EUR/AUD Forex rate is 1.633 today. Will Euro to Australian Dollar exchange rate grow / rise / go up? Yes. The EUR/AUD exchange rate can go up from 1.633 to 1.658 in one year. Is it profitable to invest in EUR/AUD Forex pair?

What's going on with the AUD/USD?

On the daily chart, the AUD/USD continues to move between the 20-day Simple Moving Average (SMA) and the 55-day SMA (0.6505). The 0.6400 level has become a relevant support, and a consolidation below it should bring further weakness to the Aussie, exposing the 20-day SMA at 0.6360.

How does the AUDUSD news affect the economy?

The AUDUSD news can be seriously affected by the decisions taken by these organizations and people: Reserve Bank of Australia (RBA) that issues statements and decides on the interest rates of the country. Its president is Philip Lowe. Australian Government and its Department of Finance that implement policies that affect the economy of the country.