EURAUD Forecast

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EUR/AUD

Euro vs Australian Dollar

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EUR/AUD Live Price

1.61712
-0.27%
Overview Forecast Technical Historical Data Economic Calendar

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:

The EUR/AUD currency pair continues to reflect the balancing act between European economic fundamentals and risk sentiment surrounding Australia. Upcoming Australian consumer price data will serve as a key fundamental driver, as inflation trends heavily influence Reserve Bank of Australia interest rate expectations and regional currency demand.

Price Action:

On the daily D1 chart, EUR/AUD has displayed short-term bullish momentum, rising from recent lows near 1.62970 to close at 1.64126. The recent sequence of higher daily closes indicates that buyers have stepped in, attempting to construct a temporary recovery phase within a broader range.

Key Technical Indicators:

Bollinger Bands: The Bollinger Bands display a middle band at 1.63587, an upper band at 1.64640, and a lower band at 1.62534. With the last close at 1.64126, price action is navigating above the middle boundary, pointing to mild upward momentum toward the upper band.

RSI: The 14-day Relative Strength Index (RSI) stands at 55.67. This places the indicator slightly above the neutral 50 level, showing moderate buying interest while remaining comfortably clear of overbought conditions.

MACD: The daily MACD indicator records a reading of -0.00064. Remaining beneath the zero signal line, it suggests that despite the recent string of positive daily candles, the broader underlying trend has not fully transitioned into decisive bullish territory.

Support and Resistance:

Key technical boundaries for EUR/AUD highlight strong support at 1.61900, providing a base against potential selling pressure. On the upside, major resistance stands at 1.66172, which limits further advances.

News to Watch for EURAUD This Week:

  • CPI m/m: Measures monthly changes in consumer prices that can influence monetary policy expectations.
  • Trimmed Mean CPI m/m: Reflects core monthly inflation developments by filtering out volatile price fluctuations.
  • CPI y/y: Evaluates annual consumer inflation levels to assess broader economic price pressure trends.

Weekly Outlook and Consideration:

EUR/AUD approaches the trading week with a short-term constructive bias after closing at 1.64126. The pair trades above its daily middle Bollinger band of 1.63587 with a supportive RSI reading of 55.67, though a negative MACD reading of -0.00064 indicates caution. If buying momentum persists, price may move toward the primary resistance level at 1.66172. Conversely, a reversal under the middle band could see the pair retest support at 1.61900. Incoming inflation data will likely play a key role in shaping market 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 08.22.2026

EUR/AUD Forecast — 15 August 2026

Time Zone: GMT +3

Time Frame: Daily (D1) / Weekly Outlook

Weekly Fundamental Overview:

EUR/AUD remains influenced by macroeconomic trends across Europe and Australia, as well as shifts in broader risk appetite. Divergence in economic health and central bank policy expectations between the two regions continues to shape the fundamental backdrop for the pair.

Price Action:

On the daily (D1) timeframe, EUR/AUD recorded a recent close of 1.63282. The pair has been consolidating within a defined range following recent pullbacks, with price action moving near key moving averages and showing balanced sentiment between buyers and sellers.

Key Technical Indicators:

Bollinger Bands: The Bollinger Bands reveal a middle band at 1.63516, an upper band at 1.64590, and a lower band at 1.62442. With EUR/AUD trading at 1.63282, the pair rests slightly beneath the middle band, signaling a period of range-bound price behavior.

RSI: The 14-period RSI stands at 45.38, placing it below the neutral 50 level. This reflects a slight bearish tilt in market sentiment, though the indicator remains comfortably clear of oversold conditions.

MACD: The MACD indicator prints a reading of -0.00130, remaining below the signal line in negative territory. This suggests mild bearish momentum, though the shallow value points toward potential consolidation rather than strong trending activity.

Support and Resistance:

Immediate technical boundaries for EUR/AUD include established support at 1.61900 and key resistance at 1.66172 on the daily chart.

News to Watch for EURAUD This Week:

  • Wage Price Index q/q: Measures changes in Australian labor costs, which can influence Reserve Bank of Australia rate expectations.
  • Employment Change: Tracks net job creation in Australia, providing key insights into overall economic momentum and domestic currency strength.
  • Unemployment Rate: Highlights labor market slack in Australia, impacting monetary policy outlooks and market volatility.
  • French Flash Services PMI: Assesses activity in the French service industry, serving as an early indicator of Eurozone economic trajectory.
  • French Flash Manufacturing PMI: Evaluates manufacturing conditions in France, offering fundamental direction for Euro sentiment.

Weekly Outlook and Consideration:

EUR/AUD shows signs of neutral-to-bearish consolidation around the 1.63282 area. A break below the lower Bollinger Band near 1.62442 could open the path toward main support at 1.61900. On the upside, sustained buying above the middle band near 1.63516 may allow for a test toward upper resistance at 1.66172. Market participants will likely focus on upcoming PMI and employment data releases for clearer directional sentiment.

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 08.15.2026
1EUR = –––AUD –––% ▼
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