EURAUD Opens Above Ichimoku – EU & Australia Economic Outlook

EURAUD Opens Above Ichimoku

After a volatile Tuesday, EURAUD opens above Ichimoku cloud on Wednesday’s Sydney session. We have more hot economic events coming up this so read on Invest Divas (and Divos) for trading ideas!

EURAUD Opens Above Ichimoku – Forex Economic Report by Kiana Danial, Invest Diva with Capital Index

EURAUD Opens Above Ichimoku | Technical Analysis

We have three bullish signals down and waiting for a confirmation people! After confirming a Head and Shoulder chart pattern, breaking above the 38% Fibonacci level and forming a Bullish Engulfing Candlestick formation, EURAUD opens above Ichimoku cloud on Wednesday to give us yet another upside indication.

However the downside to this is the pair’s sentiment shifted to bearish on the Sydney session‘s market open. Still, since the EUR/AUD pair seems to be on a long-term rang between 1.56 and 1.4460, we could very well see this pattern to continue this time around.

EURAUD Opens Above Ichimoku – Daily Chart Tachnical Analysis

With that, our bullish targets are set at 1.5160 (61% Fibonacci) and 1.5340 (78% Fibonacci)

Support levels are at 1.4720 and 1.4460 in extension.

Fundamentals – EURAUD Opens Above Ichimoku

The massive Tuesday uptick was despite the fact that both German and Euro zone ZEW Survey of Economic Sentiment for September printed lower than expected figures. It did help though that the EU survey results came in better than last month.

Get my updates. Free.

Coming up…

EUR Euro-Zone Industrial Production – Wednesday at 9 AM GMT
Australia’s Jobs Report – Wednesday at 1:30 AM GMT
Euro-Zone Consumer Price Index – Wednesday at 9 AM GMT

Have you added my book to your library?

Trading Strategy – EURAUD Opens Above Ichimoku

Bullish Scenario: As EURAUD opens above Ichimoku cloud, we now have locked in the 4th bullish signal for the pair within its longer term range. With that, depending on your risk appetite and risk tolerance you can target either of the resisting Fibonacci levels at 1.5160 and 1.5340.

Bearish Scenario: If the EURAUD pair suddenly decides to go nuts (on better-than-expected news from the land down under, or worse than expected data from EU), and breaks below both pivot levels and the Ichimoku cloud, our outlook will shift to bearish.

NOTE: Set your stop loss based on your risk tolerance on one of the supporting Fibonacci levels

More on Economic Calendar

Wednesday

London Session: During the London session we first have UK’s Jobs figure at 8:30 AM GMT. This jobs release can be tricky to trade since it has three main components: the claimant count, the average earnings index, and the unemployment rate. An increase of 1.7K in the number of claimants is expected for August, signaling a drop in hiring for the month, while the average earnings index for the three-month period ending in July could slide from 2.4% to 2.1%. The unemployment rate is expected to hold steady at 4.9%.

Subscribe free to get my signals in your mailbox

Next Day’s Asian Session: We are expecting New Zealand’s Gross Domestic Product to be out during the next day’s Sydney session at 10:45 PM GMT.

Here are Invest Diva’s calculations for important EUR/AUD approximate levels to keep an eye on:

Support Levels	Turning Point	Resistance Levels
1.4460	1.4865	1.5160
1.4720	1.5020	1.5340

xoxo

Kiana 喜愛成
Get my emails | Follow on Twitter| Like on Facebook | Subscribe on YouTube

Kiana Danial

#1 Best Selling Author. Helping you accelerate your retirement with Triple Compounding™ Former engineer on a mission to help 1 million households take control of their finances. Founder & CEO of Invest Diva.

Bitcoin Drops Entering 2026: Is It Still Worth Investing? The Answer Most Investors Miss

January 2, 2026 No Comments

Bitcoin has entered 2026 under pressure, with prices pulling back after a volatile period that left many investors questioning whether the opportunity has passed. Headlines are once again split between fear and optimism, with some calling the recent drop a warning sign and others viewing it as a healthy reset.

Unlike speculative assets that rely on constant growth stories, Bitcoin’s relevance continues to rest on its role as a scarce, decentralised digital asset that operates outside traditional financial systems. The key question for investors now is not whether Bitcoin will remain volatile – but whether this moment represents risk, opportunity, or something most investors misunderstand.

3 Bullish And 3 Risky Forces Shaping American Express Stock (AXP) Into 2026

December 26, 2025 No Comments

American Express is often viewed as a mature, well understood credit card company, but its role in the financial system is broader than many investors realize.

It sits at the center of consumer spending, business payments, travel, credit risk, and data driven decision making. As these areas evolve, the dynamics shaping American Express stock are becoming more complex and, in some cases, less obvious.

Premium consumer behavior, business spending patterns, regulatory scrutiny, and technological change are all influencing how payment companies operate and compete.

Micron Stock Surges After Blowout Earnings: Is MU Still A Buy In 2026?

December 19, 2025 No Comments

Micron Technology (NASDAQ: MU) has quietly become one of the most important companies supporting the AI boom – even if it doesn’t receive the same attention as Nvidia or other high-profile AI names.

While much of the focus is on GPUs and AI software, Micron operates behind the scenes, supplying the memory that allows AI systems, data centres, and cloud platforms to function at scale.

Following a strong earnings update, Micron’s stock surged and quickly returned to the centre of market attention. The rally reflects growing confidence that the company’s strategic shift away from lower margin consumer products toward higher-value enterprise and data-centre memory is gaining traction.

Why Big Tech Is Quietly Buying Western Digital (WDC) Stock

December 12, 2025 No Comments

Western Digital Corporation (WDC) has been on a tear, its stock price soaring over 270% year-to-date as of early December 2025.

This massive growth isn’t just hype; it’s fueled by a perfect storm of events, including the strategic spin-off of its flash business, SanDisk, and an insatiable global demand for data storage driven by the AI revolution.

As a now “pure-play” Hard Disk Drive (HDD) manufacturer, WDC is uniquely positioned as the landlord for the internet’s exploding data. But with such a meteoric rise, is there still room for growth, or is the stock overheated?

Marvell (MRVL) Stock: The Hidden AI Powerhouse Wall Street Keeps Underestimating

December 5, 2025 No Comments

Marvell Technology (NASDAQ: MRVL) is quickly becoming one of the most important companies in the AI infrastructure space – even though many investors still aren’t sure what the business actually does.

While most headlines focus on Nvidia and its GPUs, Marvell builds the networking, optical, and custom silicon chips that help AI models move data faster and run more efficiently. In its latest earnings report, Marvell posted strong double-digit growth in its data center business and shared bold guidance for the next few years, sending MRVL stock higher.

2 Months Ago Oracle Stock (ORCL) Was Flying And Now… The Mood Has Flipped. Is A Comeback Still On The Table?

November 28, 2025 No Comments

Oracle is one of the biggest names in enterprise software and cloud services. They power databases used by governments, banks, hospitals, airlines, and global corporations. For years they were known for steady tech growth, not big surprises.

Then something wild happened.

Only two months ago Oracle stock was flying. Analysts cheered. AI deals stacked up. The company felt like it had finally stepped into a new era.

Now the mood has flipped.