----------EURAUD SHORT---------- EUR and GBP currencies seem to be getting weaker recently after a longer overperformance over commodity currencies like CAD, AUD, NZD in the past few months. So at least a correction is imminent. I see this on the weekly and daily charts. The question is how long will this correction last or is this already over? I think we still...
Hello everyone. i want share my idea about EURAUD pair. After many touch it broke daily support which was strong but at some level it came back and still coming slowly. The situation is simple, with my strategy it broke clear support which is now resistance, after touch i think we will get some strong fall to next daily support. after i used my Fibonacci tool it...
Welcome back! Let me know your thoughts in the comments! ** EURGBP Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
EA also gave us a nice break of structure. Looking for another bearish wave opportunity on this pull back/retest!
Explanation is in the chart - price made a higher high, was looking for a re-test on previous resistance turned support. Price created bullish engulfing candle & EMA RT - my entry was off by 5 pips, should be BE but took a 0.5% L
Hello Traders, EURAUD has traded into a weekly demand order block after sweeping sell-side liquidity (equal lows) however, due to the massive dump in price, the bullish rally will not happen immediately. This dump created a FVG on the daily timeframe which price could trade into next week and continue to ease the bearish move before the bullish rally...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
The ECB raised rates this week. The Euro fell. The market has priced in this week's rate hike as the last. It thinks the ECB is done. Judging by current Euro Area inflation, there are more rate hikes to come. What does this mean? A stronger Euro, which is not currently priced in. Keep an eye on Euro Area inflation figures. If inflation continues to be...
I am not a fundamental trader but I do love when a major economic news event plays an impact on the market environment. This entire month the markets have been very slow and choppy so I stood out of swing trades due to the whipsaw behavior. This week has been the slowest following last weeks low movement with fed speeches on the economic calendar almost every...
EURUSD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long EURUSD Entry Point - 1.6554 Stop Loss - 1.6454 Take Profit - 1.6791 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Euro currency traders are focused on the ECB meeting, the decision of which will be published today at 15:15 GMT+3. There will be a press conference at 3:45 p.m. According to Reuters, the probability of a rate hike is about 60%. The figure stood at 50% at the start of the week as the ECB's updated forecasts expect inflation to remain above 3% next year, well...
Hi my friends, we are looking at EURAUD 30-minute timeframe perspective, the recent events, the formation which has formed, what we can expect the next times and how to handle such a situation out of a trading perspective. Looking at my chart you can watch there that EURAUD has formed a big and solid head and shoulders top formation, such formations are known...
My dear friends, Thursday, 14 September, 2023 and ECB interest rate decision is on the way. We'll wait for confirmations. But before ECB meeting, series of several bad economical news over China's financial stability were published. Market reacted to them rationally. Suddenly the red dragon start to regain it's reputation. Good news for China means stronger...
hello my friends.we are in demand zone in 4hr.after choch in 1hr and breaking this trend line i am waiting for long confirmation.what do you think? R:R 1.81 “”your follows and boosts encourage me to publish more analysis””
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Price is approaching our buy entry at 1.6731, which is a pullback support level and at the 38.2% fibo retracement. Our stop loss is at 1.6649, which is a multi-swing low support level. Take profit is at 1.6790, which is an overlap resistance level aligning with the 61.8% fibo retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high...
Recently, EurAud reached 1.7 figure, and after some consolidation in that zone, the pair started to drop. This drop stopped around 1.6650 and although we have 3 reversals from this horizontal level, EurAud has started to print lower highs on our chart. This could be an indication that more losses could come and the pair could drop under this support. A break under...