EUR to AUD Forecast

Explore short-term EUR to AUD forecast for today, tomorrow, this week, and next week as well as long-term Euro vs Australian Dollar prediction for 2024, 2025 to 2030 and beyond

5-Day Prediction
$?1.598517
1-Month Prediction
$?1.582636
3-Month Prediction
$?1.560253
6-Month Prediction
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1-Year Prediction
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2025 Prediction
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2030 Prediction
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Current Rate $?1.60878 (-0.74%)
Forecast $?1.582636 (-1.63%)
Green Days 12/30 (40.00%)
Sentiment Bearish
Volatility 0.70%
50-Day SMA $?1.628221
200-Day SMA $?1.63318
14-Day RSI 37.94

The EUR to AUD exchange rate is forecasted to decrease by -1.63% in the next month, dropping from the current rate of $?1.60878 to $?1.582636. Currently, the sentiment in the EUR/AUD market is estimated to be bearish.

Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

EUR to AUD Forecast for Tomorrow, This Week, and Next Week

Here are the EUR to AUD rate forecasts for shorter timeframes.

DateDaily HighDaily Low
Nov 22, 2024$?1.612922$?1.612037
Nov 23, 2024$?1.61511$?1.610446
Nov 24, 2024$?1.609381$?1.604119
Nov 25, 2024$?1.604443$?1.603208
Nov 26, 2024$?1.601941$?1.595036
Nov 27, 2024$?1.610688$?1.603078
Nov 28, 2024$?1.616515$?1.611157
Nov 29, 2024$?1.617092$?1.614065
Nov 30, 2024$?1.621666$?1.617992
Dec 01, 2024$?1.620871$?1.616958
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EUR to AUD Forecast for Today

The EUR to AUD forecast for today is currently predicting the EUR/AUD exchange rate to rise to $?1.612922 in the next 24 hours, representing a 0.26% increase.

EUR to AUD Forecast for Tomorrow

The EUR to AUD forecast for tomorrow is currently predicting the EUR/AUD exchange rate to rise to $?1.612037 in the next 24 hours, representing a 0.20% increase.

EUR to AUD Forecast for This Week

At this moment, the prediction is that the EUR to AUD rate could reach $?1.610446 at the end of the week, going up by 0.10%.

EUR to AUD Forecast for Next Week

Today's EUR to AUD forecast for next week suggests the EUR to AUD rate might rise to $?1.616515 in the next 7 days, a 0.48% increase compared to the current rate.

EUR to AUD for Next 10 Days

The EUR/AUD forecast for the next 10 days hints that the EUR to AUD rate could go up to $?1.6179 in the next 10 days, showing a 0.57% increase.

Long-Term Euro to Australian Dollar forecast for 2024, 2025 and beyond

Here are the current predictions for the Euro to Australian Dollar exchange rate for longer time frames.

YearYearly LowYearly High
2024$?1.553209$?1.620871
2025$?1.506593$?1.62466
2026$?1.456035$?1.719668
2027$?1.503581$?1.703463
2028$?1.45425$?1.673993
2029$?1.613346$?1.737685
2030$?1.671216$?1.773329

EUR to AUD for the next 6 months

The EUR to AUD forecast for the next 6 months is that the EUR to AUD rate will decrease by -4.83% and hit $?1.531068.

EUR to AUD Forecast for the next 1 year

The EUR to AUD forecast for the next 1 year suggests that the EUR to AUD exchange rate will see a -5.52% fall in the next year, resulting in a rate of $?1.519971.

EUR to AUD Forecast for the next 5 years

The EUR to AUD forecast for the next 5 year indicates that the EUR/AUD exchange rate will be $?1.730572 5 years from now. This would be a 7.57% decrease compared to the current rate.

EUR to AUD Sentiment and Technical Analysis

Currently, the sentiment in the EUR/AUD market is estimated as bearish. The 14-day RSI reading is 37.94, suggesting neutral conditions. In the last 30 days, the volatility of the EUR to EUR has been 0.70%.

The current EUR to AUD exchange rate is below the 50-day SMA, which is currently sitting at $?1.628221. The current rate is below the 200-day simple moving average, which is positioned at $?1.63318.

EUR/AUD Price Forecast Based on Technical Analysis

Sentiment

Bearish

Based on data from November 21, 2024 at 23:26, the general EUR/AUD price prediction sentiment is bearish , with 5 technical analysis indicators signaling bullish signals, and 21 signaling bearish signals.

EUR toAUD price prediction was last updated on November 21, 2024 at 23:26.

EUR/AUD 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

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Based on our technical indicators, EUR/AUD's 200-day SMA will drop in the next month and will hit $?1.628965 by Dec 20, 2024. EUR/AUD short-term 50-Day SMA is estimated to hit $?1.615458 by Dec 20, 2024.

Popular EUR/AUD Moving Averages for Thu, Nov 21, 2024

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Daily Simple Moving Average (SMA)

PeriodValueAction
SMA 3$?1.626326SELL
SMA 5$?1.628199SELL
SMA 10$?1.627673SELL
SMA 21$?1.634424SELL
SMA 50$?1.628683SELL
SMA 100$?1.635768SELL
SMA 200$?1.633125SELL

Daily Exponential Moving Average (EMA)

PeriodValueAction
EMA 3$?1.625131SELL
EMA 5$?1.626654SELL
EMA 10$?1.628453SELL
EMA 21$?1.630516SELL
EMA 50$?1.631658SELL
EMA 100$?1.633387SELL
EMA 200$?1.635672SELL

Weekly Simple Moving Average (SMA)

PeriodValueAction
SMA 21-$?0.31BUY
SMA 50-$?0.17BUY
SMA 100-$?0.12BUY
SMA 200-$?0.16BUY

Weekly Exponential Moving Average (EMA)

PeriodValueAction
EMA 21$?1.634805SELL
EMA 50$?1.635479SELL
EMA 100$?1.624674SELL
EMA 200$?1.607285BUY

EUR to AUD Forecast FAQ

Is Australian Dollar expected to rise against the Australian Dollar?

Today, Australian Dollar is expected to rise against the Euro, as the forecast expects the EUR/AUD exchange rate to move to $?1.612922 from the current rate of $?1.60878. In the next 7 days, Australian Dollar is predicted to increase compared to the Euro by $?1.616515.

Is EUR to AUD a buy or sell?

EUR/AUD is currently a buy as the exchange rate is forecasted to increase by 0.20% in the next 24 hours.

Will Australian Dollar get stronger against Euro in 2024?

Australian Dollar is expected to drop by -3.45% against the Euro by the end of 2024, as the EUR/AUD rate is expected to reach $?1.553209.

What is the Australian Dollar to Euro forecast for 2025?

The Australian Dollar to Euro forecast for 2025 is currently $?1.574336. This would represent a -2.14% drop from the current rate.

What is the forecast for EUR to AUD in 2030?

The forecast for AUD to EUR in 2030 is that the exchange rate will be $?1.699171 6 years from now. This would be 5.62% higher than the current exchange rate.

How to read and forecast EUR to AUD price movements?

Forex traders use a variety of tools to make predictions on which way the market is likely to head next. The two main tools that forex traders use are technical analysis and fundamental analysis.

Technical analysis involves analyzing indicators, chart patterns, and support and resistance levels. Meanwhile, fundamental analysis involves analyzing macroeconomic and political events that have an influence on forex markets.

Forex technical indicators

Moving averages are among the most popular forex prediction tools. As the name suggests, a moving average provides the average closing price for a forex pair over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average is a sum of the closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

5-day, 10-day and 20-day moving averages are among the most commonly used indicators in the market to identify important resistance and support levels from a short term perspective. Meanwhile, the 50-day, 100-day and 200-day moving averages are often used to identify long-term support and resistance levels.

If the pair’s price moves above any of these averages, it is generally seen as a bullish sign for stock. Conversely, a drop below an important moving average is usually interpreted as a negative forecast for the market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the exchange rate.

Another way of analyzing forex prices is through candlestick chart analysis. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

How to read stock charts and forecast price movements?

Here are some of the most commonly followed bullish candlestick patterns:

Here are some common bearish candlestick patterns:

  • Hammer
  • Bullish Engulfing
  • Piercing Line
  • Morning Star
  • Three White Soldiers
  • Bearish Harami
  • Dark Cloud Cover
  • Evening Star
  • Shooting Star
  • Hanging Man

Forex fundamental indicators

Macroeconomical and political events play an important role in the forex markets, as they can have a significant influence on exchange rates. In order to be successful in the forex market, traders need to have a solid understanding of the bond market, balance of trade between nations, the political landscape, a nation’s economic health, purchasing power and other key concepts.

DISCLAIMER: Not Investment Advice
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

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EUR/AUD
Euro/Australian Dollar
$?1.60878
-0.74%
Updated a few seconds ago