EURAUD has recently approached a key horizontal support. After its test, the price broke and closed above a resistance line of a bullish flag pattern on a 4H time frame. We can anticipate a further growth on the pair. Goals: 1.6565 / 1.6607 ❤️Please, support my work with like, thank you!❤️
Hello,Friends! It makes sense for us to go short on EUR/AUD right now from the resistance line above with the target of 1.640 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for EURAUD. Time Frame: 8h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.640. The above observations make me that the market will inevitably achieve 1.651 level. P.S Please, note that an oversold/overbought condition can last for a...
Script shows bearish momentum with series of LHs and LLs. The trendline shows price respect the resistance level. Entry is taken at CMP with STOP LOSS at strong daily resistance. What do you think, will this idea work?
EURAUD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy EURAUD Entry - 1.6403 Stop - 1.6340 Take - 1.6518 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Manage risk during news time, intraday trade tp and sl mentioned not a financial advice
EURAUD seems to have been forming on the daily a perfect second leg for W formation to reverse and go bearish from here. A perfect bearish doji is being formed and we can clearly see that the next stop is bottom support. Please use proper risk management upon entering the trade! EURAUD Sell/Short ENTRY: 1.66453 TAKE PROFITS: TP 1: 1.66186 TP 2: 1.61633 SL: 1.66978
EUR/AUD has recently formed a bearish rising wedge pattern, and a decisive break below the trendline suggests a potential for further decline in the price. This technical formation typically indicates a weakening bullish momentum and an increased likelihood of a downward correction.
In our last analysis we identified a perfect breakout trade. We explained exactly how to enter - both risk entry and safe entry depending on your appetite. Setup played out perfectly resulting in a massive 450pip gain! What we now have is a typical correction before the next breakout. We could create a complex abc correction so if looking to trade the next...
Hi guys, its your girl forex potatoe and its another week of opportunities. January as been a pretty slow month for swing traders but here we have an opportunity to short GBPAUD, i am just took a short on this trade with my stop loss and take profit in appropriate places as with my tool. GBPAUD has been in an uptrend and has encountered a solid resistance and...
#EURAUD UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #EURAUD. EURAUD, is going to retest the most recent liquidity pool and then liquidate it. here we can see that there is a major trend line in the HTF, which is broken with the big red candle. As we can see that if it liquidate the...
EURAUD is testing a confluence zone based on a horizontal intraday support and a rising trend line. As a confirmation, the price formed a double bottom formation and violated its neckline. We can expect a bullish movement now. Goals: 1.6527 / 1.656 ❤️Please, support my work with like, thank you!❤️
Waiting for a retest at 1.66695 to short EURAUD back to Daily swing lows at 1.61842 If you agree drop a like and if you have any questions leave a comment :)
GBPAUD could fall 225 pips if it can stay below 1.65699. Why 1.65699? Let's just round it and say $1.657 Australian dollar. The price for the EURO is decreasing which means Australians are able to buy the Euro at a cheaper price. Evidence High(H) & Low(L) Per the 4 our timeframe, price is declining. The current falling price of the Euro price per the...
Hey Traders, in the coming week we are monitoring EURAUD for a selling opportunity around 1.65400 zone, EURAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.65400 support and resistance area. Trade safe, Joe.
Hello traders! ‼️ This is my perspective on EURAUD. Technical analysis: Here I think we are bearish, so I look for a short position if price fulfills the imbalance higher and then rejects from bearish order block. My target is liquidity below equal lows. Like, comment and subscribe to be in touch with my content!
My dear followers, This is my opinion on the EURAUD next move: The asset is approaching an important pivot point 1.6484 Bias - Bullish Safe Stop Loss - 1.6417 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.6569 About Used Indicators: For more...
The H4 analysis of the Euro/Australian Dollar exchange rate points to a negative trend, with the price currently undergoing a Fibonacci retracement at the 0.62-0.79 level. I anticipate a potential bearish momentum for the pair with a potential target of 1.6270, representing an area of liquidity that has yet to be explored. However, it is crucial for the price to...