EURAUD - 24h expiry Trading within a Corrective Channel formation. We expect a reversal in this move. Momentum is flat, highlighting the lack of clear direction. A move through 1.6450 will confirm the bearish momentum. The measured move target is 1.6300. We look to Sell a break of 1.6445 (stop at 1.6495) Our profit targets will be 1.6325 and 1.6295...
EURAUD completed an Inverse Head and Shoulders pattern with the current rise supported by the 1day MA50. The Inverse H&S at the start of the year targeted initially the 1.236 and 1.382 Fibonacci extensions. Buy and target 1.67750 on the short term. Note that even the 1day RSI is on an Inverse Head and Shoulders. Follow us, like the idea and leave a comment below!!
Hey Traders, in today's trading session we are monitoring EURAUD for a buying opportunity around 1.63500 zone, EURAUD was trading in a downtrend and successfully managed to break it out. Currently EURAUD is in a correction phase in which it is approaching the retrace area at 1.63500 support and resistance zone. Trade safe, Joe.
Bias to go on long on lower timeframe Likewise same for EurAUD **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you...
HeyTrades, in the coming week we are monitoring EURAUD for a buying opportunity around 1.62900 zone, EURAUD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.62900 support zone. Trade safe, Joe.
We're seeing price test a major support level at 1.5907. We really like this level because it has an overlap support, 100% Fibonacci projection, 61.8% short term fibonacci retracement and 38.2% long term fibonacci retracement. A bounce from here could see prices rise to test the 1.6122 resistance level. Please be advised that the information presented on...
ISR @ 1.6770 RESISTANCE @ 1.66355 TP4 @ 1.6585 (closing ALL Buy Orders) TP3 @ 1.6425 (shaving 25%) TP2 @ 1.6315 (shaving 25%) TP1 @ 1.6166 (shaving 25%) BSO2 @ 1.6010 ⏳ BSO1 @ 1.5915 ⏳ -SL @ 1.5870 🚫
Hey Traders, in today's trading session, we are closely monitoring EURAUD for a potential selling opportunity within the 1.61500 zone. Initially trading in an uptrend, EURAUD has successfully broken out of this trend. Presently, it is undergoing a correction phase and nearing the retrace area around the 1.61500 support and resistance zone. Trade safe, Joe.
Hey Traders, Tomorrow's trading session will be focused on monitoring EURAUD for a potential selling opportunity in the vicinity of the 1.58900 zone. Our strategy involves waiting for a breakout and subsequent dips below the uptrend line. Once these conditions are met, we anticipate a potential retracement of the trend, leading to further lows. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.59600 zone, EURAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 1.59600 zone. Trade safe, Joe.
the pair has tested the support level of 1.59019 and is starting to show signs of continuing its bullish run. check the chart for more visual details.
After a bounce from the support, EURAUD has reached the 61.8% Fibonacci level. A downside move or pullback would be a healthy development, potentially occurring swiftly.
We're seeing price approach major resistance at 0.9094 which is an overlap resistance, 38.2% FIbonacci retracement, 61.8% Fibonacci projection and the bearish Ichimoku cloud is giving price a nice bearish momentum. A reversal from here could see prices drop towards the 0.8943 level. Please be advised that the information presented on TradingView is provided to...
EURAUD is touching at the moment the bottom of the Channel Up pattern that has been in place for 10 months. The 1D time frame is technically almost oversold (RSI = 32.980, MACD = -0.011, ADX = 36.222) with the RSI in particular last time it was that low was in July 28th 2022. If the price doesn't rebound on the current level, we expect a test of the 1D MA200. In...
Hey Traders, in tomorrow's trading session we are monitoring EURAUD for a buying opportunity around 1.58400 zone, EURAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the major trend at 1.58400 support and resistance zone. Trade safe, Joe.
EURAUD - 24h expiry - We look to Sell at 1.6090 (stop at 1.6140) Current prices have reacted from a low of 1.5978, however, we expect further losses to follow. Previous resistance located at 1.6050. There is no clear indication that the downward move is coming to an end. A higher correction is expected. Risk/Reward would be poor to call a sell from current...
Hey Traders, In above chart we have a breakout of EURAUD uptrend due to AUD strength. Fundamentally with Inflation concerns in Australia it is expected from Reserve Bank of Australia to go for further rate hikes which have made AUD looks interesting for investors, Technically i will be watching a potential retrace of the trend towards more lows. Trade safe, Joe.
Cette paire semble continuer sa remontee. La tendance est donc haussière.