EURAUD Forecast

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EUR/AUD

Euro vs Australian Dollar

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EUR/AUD Live Price

1.60928
-0.05%
Overview Forecast Technical Historical Data Economic Calendar

EUR/AUD Forecast — 20 September 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

Trading in EUR/AUD is driven by monetary policy expectations from the European Central Bank and the Reserve Bank of Australia, alongside upcoming economic growth and inflation indicators. Broad risk sentiment and upcoming interest rate decisions also play a pivotal role in determining pair dynamics.

Price Action:

On the D1 timeframe, EUR/AUD recorded a recent close of 1.61362. Recent price candles reflect sustained downward movement, with price action remaining positioned below the 20-day middle Bollinger Band line.

Key Technical Indicators:

Bollinger Bands: The daily Bollinger Bands display a middle line at 1.61875, an upper band at 1.63088, and a lower band at 1.60663. With the current close at 1.61362 trading underneath the middle band, price rests in the lower half of the channel.

RSI: The 14-day Relative Strength Index (RSI) stands at 40.24. This placement below 50 reflects a moderate bearish inclination while remaining above the oversold threshold.

MACD: The daily MACD indicator reads -0.00424. Remaining below the zero mark, this value indicates ongoing downside momentum on the D1 chart.

Support and Resistance:

Technical analysis highlights key daily support at 1.60793, near the lower Bollinger Band of 1.60663. On the upside, main technical resistance is situated at 1.66172, with intermediate resistance near the middle Bollinger Band of 1.61875.

News to Watch for EURAUD This Week:

  • Cash Rate: The Reserve Bank of Australia's interest rate decision can significantly influence Australian dollar valuation.
  • RBA Rate Statement: Policy commentary from the central bank provides insight into economic assessments and potential rate adjustments.
  • RBA Press Conference: Speeches following the rate release often introduce volatility into Australian dollar pairs.
  • German Prelim CPI m/m: Inflation data from Germany offers an early look at regional price pressures affecting the euro zone.
  • CPI y/y: Year-over-year Australian inflation results help gauge overall price trends across the economy.
  • Trimmed Mean CPI m/m: Underlying inflation measures in Australia influence central bank policy outlooks.
  • CPI m/m: Monthly Australian consumer price figures reflect short-term inflationary momentum.
  • CPI Flash Estimate y/y: Preliminary euro zone inflation data impacts European monetary policy expectations.
  • Core CPI Flash Estimate y/y: Underlying euro zone inflation metrics provide key signals regarding core price persistence.

Weekly Outlook and Consideration:

EUR/AUD maintains a soft D1 outlook following a close at 1.61362. Technical indicators mirror this posture, with the MACD sitting at -0.00424 and the RSI located at 40.24 beneath the middle Bollinger Band at 1.61875. Key levels to watch include support at 1.60793 and resistance at 1.66172, as high-impact economic releases and rate decisions dictate weekly price direction.

Disclaimer: The analysis provided for EUR/AUD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

EUR/AUD D1 technical analysis chart
EUR/AUD D1 Technical Analysis for 09.20.2026

EUR/AUD Forecast — 12 September 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

The EUR/AUD currency pair reflects the interplay between European economic performance and the Australian labor and commodity landscape. Macroeconomic developments in France and Germany, particularly purchasing managers’ index releases, provide insight into Eurozone economic stability. Meanwhile, Australian employment data offers crucial cues regarding domestic economic health and labor market conditions. Traders monitor these key indicators to assess shifting monetary policy expectations from central banks. Broader risk sentiment also influences AUD performance, given its commodity-linked status against the Euro.

Price Action:

On the daily (D1) chart, EUR/AUD recorded a recent close at 1.62212 following a moderate rebound from recent lows near the 1.60793 region. The pair has experienced extended consolidation over recent sessions, floating close to its mid-range technical averages. Price action remains balanced between recent swing lows and overhead resistance, displaying limited directional conviction in the short term.

Key Technical Indicators:

Bollinger Bands: The daily Bollinger Bands highlight a neutral technical structure for EUR/AUD. The middle band sits at 1.62331, very close to the latest close of 1.62212, indicating a state of balance. The upper band is established at 1.64173, forming an initial dynamic resistance zone, while the lower band is located at 1.60489, offering potential dynamic support should downward pressures resume.

RSI: The 14-day Relative Strength Index (RSI) stands at 48.06. Positioned just below the neutral 50 threshold, the indicator reflects a balanced market without clear overbought or oversold extremes. This neutral reading reinforces the likelihood of continued short-term consolidation unless strong momentum emerges.

MACD: The MACD indicator on the D1 timeframe posts a value of -0.00562. Operating below the zero line, the reading points to sustained, mild bearish momentum underlying recent price behavior. However, the lack of aggressive downside expansion signals that seller control remains contained within broader range-bound conditions.

Support and Resistance:

Key daily technical levels for EUR/AUD highlight clear boundaries for price action. Main support is identified at 1.60793, reinforced by the lower Bollinger Band near 1.60489. On the upside, primary resistance is located at 1.66172, with intermediate resistance near the upper Bollinger Band at 1.64173.

News to Watch for EURAUD This Week:

  • French Flash Manufacturing PMI: Gauges manufacturing sector performance in France to provide early indications of Eurozone economic momentum.
  • French Flash Services PMI: Measures activity within the French services industry to evaluate regional service sector strength.
  • German Flash Manufacturing PMI: Tracks industrial health in Germany, offering critical insight into Eurozone economic trends.
  • Unemployment Rate: Reflects labor market tightness in Australia, impacting broader monetary policy expectations.
  • Employment Change: Measures net job creation in Australia, directly influencing sentiment surrounding the Australian Dollar.

Weekly Outlook and Consideration:

The weekly outlook for EUR/AUD suggests a neutral-to-cautious trading environment as the pair consolidates near 1.62212. Technical indicators, including a neutral RSI at 48.06 and a slightly negative MACD of -0.00562, indicate limited directional momentum. If buyers gain traction above the 1.62331 middle Bollinger Band, price action may test upper resistance towards 1.64173 and eventually 1.66172. Conversely, a breakdown below immediate support at 1.60793 could open the path toward lower levels near 1.60489. Upcoming European PMI releases and Australian labor data will be vital catalysts for driving potential volatility.

Disclaimer: The analysis provided for EUR/AUD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

EUR/AUD D1 technical analysis chart
EUR/AUD D1 Technical Analysis for 09.12.2026

EUR/AUD Forecast — 5 September 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

The EUR/AUD pair continues to reflect shifts in European monetary policy expectations and Australian macroeconomic developments. Market sentiment surrounding European Central Bank policy decisions alongside general market risk appetite will likely drive near-term price fluctuations for the euro against the Australian dollar.

Price Action:

On the daily timeframe, EUR/AUD has experienced a downward drift towards recent lows, with the latest close at 1.6144. Price action has consistently printed lower levels across recent sessions, pressing closer to key historical support areas and reflecting prevailing downside momentum.

Key Technical Indicators:

Bollinger Bands: The Bollinger Bands display a middle line at 1.6285, an upper band at 1.6436, and a lower band at 1.6134. With EUR/AUD closing at 1.6144, price action is hugging the lower band, reflecting strong downside volatility and ongoing selling pressure.

RSI: The 14-period RSI stands at 35.14. This reading indicates notable bearish strength while staying slightly above the oversold boundary of 30, suggesting room for further downward movement before reaching oversold conditions.

MACD: The MACD indicator prints a negative value of -0.00516. The indicator remaining below the signal line and zero threshold confirms that bearish momentum dominates the current chart structure on the daily timeframe.

Support and Resistance:

Immediate daily support for EUR/AUD is located at 1.61322. On the upside, main resistance stands at 1.66172, with intermediate resistance near the Bollinger middle band around 1.62850.

News to Watch for EURAUD This Week:

  • Monetary Policy Statement: Details key insights into European Central Bank economic assessments and policy directives that can directly impact euro valuation.
  • Main Refinancing Rate: Central bank interest rate decisions significantly alter yield expectations and exchange rate dynamics.
  • ECB Press Conference: Policy commentary and forward guidance during the press briefing provide clues regarding upcoming monetary action.

Weekly Outlook and Consideration:

EUR/AUD enters the week with a clear bearish bias as key technical indicators suggest continued downward pressure. Trading near the lower Bollinger Band at 1.6134 and maintaining a negative MACD reading point to market weakness, though the immediate support level at 1.61322 may offer short-term stabilization. A decisive breach of this support could open the door to further losses, while any upside reaction toward the 1.6285 middle band will require strong buying catalyst from upcoming economic events.

Disclaimer: The analysis provided for EUR/AUD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

EUR/AUD D1 technical analysis chart
EUR/AUD D1 Technical Analysis for 09.05.2026

EUR/AUD Forecast — 29 August 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

The fundamental outlook for EUR/AUD is driven by upcoming inflation data from the Eurozone and growth reports from Australia. Key releases such as German and Eurozone CPI estimates provide signals regarding the European Central Bank’s policy trajectory, while Australian GDP figures give clarity on domestic economic health. Shifting sentiment around economic growth and interest rate dynamics could impact pair volatility.

Price Action:

On the daily (D1) chart, EUR/AUD has experienced downside pressure over recent trading sessions, moving lower from the 1.6300 area to register a close at 1.61962. The recent sequence of daily closes reflects active selling pressure as price approaches key lower structural support.

Key Technical Indicators:

Bollinger Bands: The Bollinger Bands on the daily chart show a middle band at 1.63378, an upper band at 1.64508, and a lower band at 1.62247. The latest close at 1.61962 sits below the lower band, highlighting strong downward momentum and potential band expansion.

RSI: The 14-day Relative Strength Index (RSI) stands at 36.40. While approaching oversold thresholds, the indicator reflects ongoing bearish control without showing an immediate bullish divergence.

MACD: The daily MACD indicator records a reading of -0.00301. Remaining in negative territory, the indicator reflects persistent downside momentum in the current EUR/AUD trend.

Support and Resistance:

Technical levels indicate daily support at 1.61838, which serves as a key floor for price action. On the upside, resistance is located at 1.66172, presenting a potential ceiling should a corrective rebound materialize.

News to Watch for EURAUD This Week:

  • German Prelim CPI m/m: This release offers updated insights into German inflation trends that may influence Eurozone monetary policy.
  • CPI Flash Estimate y/y: Tracking broader Eurozone consumer prices provides traders with critical signals on overall inflation pressures.
  • Core CPI Flash Estimate y/y: Excluding volatile energy and food prices helps gauge underlying inflationary pressures across the Eurozone.
  • GDP q/q: Australian quarterly growth data impacts market expectations surrounding economic resilience and Australian dollar demand.

Weekly Outlook and Consideration:

The weekly outlook for EUR/AUD points to a prevailing bearish structure as the pair trades below its lower Bollinger Band at 1.62247 and near support at 1.61838. With an RSI of 36.40 and a negative MACD of -0.00301, technical indicators align with downside momentum. Traders should monitor price reactions around the 1.61838 support level alongside upcoming Eurozone CPI and Australian GDP reports, which could spark renewed volatility or directional conviction.

Disclaimer: The analysis provided for EUR/AUD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

EUR/AUD D1 technical analysis chart
EUR/AUD D1 Technical Analysis for 08.29.2026

EUR/AUD Forecast — 22 August 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

EUR/AUD dynamics continue to be driven by shifting economic sentiment across the Eurozone and Australia. Market participants are closely watching domestic price pressures in Australia alongside European economic performance, which will likely dictate the next directional move for the pair.

Price Action:

On the daily (D1) chart, EUR/AUD recently moved upward from lower levels around 1.62970 to a close of 1.64126. This recent series of higher daily closes reflects positive short-term momentum within the broader trading structure.

Key Technical Indicators:

Bollinger Bands: The D1 Bollinger Bands show the middle band at 1.63587, with an upper band at 1.64640 and a lower band at 1.62534. Price is currently trading above the middle line, approaching the upper boundary.

RSI: The 14-period RSI stands at 55.67, placing the indicator in neutral territory with a modest bullish tilt, well clear of extreme overbought or oversold levels.

MACD: The MACD indicator is currently at -0.00064, remaining slightly below the zero line, which suggests momentum is stabilizing following previous downward movement.

Support and Resistance:

Key technical levels for EUR/AUD feature primary resistance at 1.66172 and main support located at 1.61900.

News to Watch for EURAUD This Week:

  • CPI m/m: This monthly release measures consumer price changes and provides insight into inflation momentum.
  • Trimmed Mean CPI m/m: This core inflation metric filters out volatile price swings to show underlying trends.
  • CPI y/y: This annual inflation benchmark helps evaluate longer-term price growth and monetary policy expectations.

Weekly Outlook and Consideration:

EUR/AUD enters the trading period at 1.64126, showing recent strength above its daily Bollinger middle band of 1.63587. With RSI at 55.67, technical conditions lean neutral-to-bullish, while the negative MACD value of -0.00064 points to a broader period of consolidation. Traders should monitor price behaviour near key resistance at 1.66172 and support at 1.61900, alongside upcoming Australian inflation releases.

Disclaimer: The analysis provided for EUR/AUD is for informational purposes only and does not constitute investment advice. Traders are encouraged to perform their own analysis and research before making any trading decisions. Market conditions can change quickly, so staying informed with the latest data is essential.

1EUR = –––AUD –––% ▼
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