EURAUD is starting to test major resistance at 1.5431 (50% Fibonacci retracement, horizontal swing high resistance) and a potential drop could occur at this level to push price back down to major support at 1.5297 (Fibonacci retracement, horizontal overlap support). Stochastic (34,5,3) is seeing major resistance below 98% where a corresponding reaction could...
EURAUD has started to form a really strong reversal signal with a double top being confirmed at 1.5378 (23.6% Fibonacci confirmation level, horizontal pullback resistance). A potential drop could occur from here towards 1.5311 support (above 50% Fibonacci support, horizontal overlap support, double top reversal potential). RSI (34) sees a couple of recent bearish...
Price is testing major descending resistance at 1.5419 (bearish channel resistance, horizontal overlap resistance, 61.8% Fibonacci retracement) and a strong drop could possibly occur at this level to push price down towards 1.5285 support (Fibonacci extension, horizontal swing low support). Our next major level of resistance is at 1.5478 (78.6% Fibonacci...
EURAUD is now testing major support at 1.5335 onwards (Fibonacci retracement, horizontal overlap support, recent swing low support) and a strong bounce could occur as this level to push price up to at least 1.5112 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (34,5,3) is seeing major support above 2% and a corresponding bounce...
EURAUD picks up a nice momentum, i am looking to go long around 1.5039-82 for a target to 1.5175, with stop below 1.4999, Disclaimer: Please Note, all analysis shared are my own views, they are not intended as an advice but entertainment only. Markets are uncertain so the outcome of any trade idea. Do not risk more than 1% of your equity.
Short on a bounce for a target to 1.4938, stop above 1.5029
EURAUD on the daily time frame has broken the upper range fueling up for attacking 1.50. Stoch also looks great TP: 1.52 SL. 60 pips from current market price. or 80 depending on our equity
EUR/AUD seems to have broken it's bullish trend and now is deciding whether it can breakout it's support and fall further down. We can also see there is Moving Average Convergence Divergence with the MACD with higher highs with the candlesticks and lower lows with the MACD. I suggest to wait for the breakout, but this could very well be a good setup. Always...
EURAUD looks very promising for a sell on the daily time frame! On a side note i must add then in about 5 hours now we have the aud interest rate decission, so getting in early can be risky! I get in with a decent position and am able to add more in case it drops on the news Stoch Rsi shows a nice bearish cross over and at the adx you can see red line sharp bend...
A beautifull Hybrid Setup on EURAUD. Entry direction will depend on the daily close. If it will close below this level it will trigger a sell for next week, if its breaks on the daily close it triggers a buy. Sell: Sl: 1.5260 TP: 1.5130 > 1.0560 Buy: Sl: 1.5140 TP: Keep it open and trail it with moving up your stop loss
EURAUD IS SELLING IN THE DOWN TREND.
What goes up must come back down. This pair has been in an uptrend for weeks and now it is starting to show signs of reversal (H&S?? Triple top??). Sell the pair on the breakout of the trendline, or wait for a retest then ride it from there. Always use proper risk management!!! and Good Luck. TP: 650+ pips!!!
We have a buy signal generated on EURAUD supported by our technical analysis. Incase of a pullback, we expect a retest of the daily support and a rally to top.
There is a good opportunity to catch 200 pips when EUR/AUD finally breaks it's resistence. Be on the lookout, when you do confirm the move with your own analysis, get in it professionally with the right risk management. This is simply an idea, always make your own analysis before investing. Happy trading!
Hey Folks, We broke trend so we now have a B wave forming up which I expect to turn at some point of the upper structure into a final C wave. - Hey chicos, Tendencia rota entonces tenemos una onda B formándose que espero que en algún punto superior de la estructura desarrolle una onda C. Carlos