when the support at 1.3675 gives way the pair will be heading toward the 1.345 level with 1.32 as an extension. the monthly chart as attached posted negative divergence on the rsi which broke through the ascending trend, implying that the support here will not last for long. All the best trading this pair and please remember to give this a thumbs up!
EURAUD Technical Analysis Today | EURAUD Forecast
Hi guys, two different setups on this pair, there's a Gartley formation already completed and a 2618 that could be completed on the next hours. As you can see in both cases we can earn some profits, keep in mind that this particular time i'm going to use 1 single target for the pattern (at the 2618 completion) with stops above the X. Good trading! If you want to...
Hi guys, two different setups on this pair, there's a Gartley formation already completed and a 2618 that could be completed on the next hours. As you can see in both cases we can earn some profits, keep in mind that this particular time i'm going to use 1 single target for the pattern (at the 2618 completion) with stops above the X. Good trading! If you want...
Hey guys, We had a big impulse down and now analyzing the corrective structure. I've used help of a harmonic pattern; however, we need to get the final confirmations to sell. I would wait for the market to brake trendline and then look for a flag to sell. Carlos
After a rally from 1.20 to 1.65, the pick in Volumes is a sign that strong hands have distributed. Our modified stochastic is giving us a better idea of the direction. Natural target at 1.21500
monthly RSI has shown negative divergence and has now crossed below an ascending trend, which suggests the trend has turned negative and support at 1.3675 may prove temporary. When the gates give way the pair will be heading toward the next projections at 1.35, with any rebound being capped by 1.4040 If you found my thesis helpful please remember to thumbs...
Hi guys! We have a possible 2618 trade on EURAUD. Here is a link on how to trade 2618: youtu.be subscribe to my channel, i do publish tutorials and do live sessions too.
EURAUD IS BROKE THE TRENDLINE AND I'M LOOKING FOR LONG AT THIS WEEKEND .THE TARGET IS 1.43
we have multiple resistance's, one even dating back from August 3rd 2016. On the daily price is being squeezed. Price has failed at this resistance trend line multiple times and doesn't look like it has the strength to break it now, however if price breaks above the trade will be invalid.
I have been waiting for this to get down to resistance and reverse. Waiting for it to break the middle resistance 1.42522 before I go long. RSI MACD both signaling upwards. A few leading indicators for EUR economy is coming out today, might be worth waiting for those before going in. The only thing I don't like is going long on a trend that is generally short...
Hey guys, on EURAUD we are fighting against a support level on the daily timeframe that seems to hold. On the 4hr chart we can see a nice RSI divergence followed by an engulfing kicker (at AB=CD completion) that meets my trading strategy. I'm waiting for a small pullback and then i'm buying this up. Stop 30 pips below the lower low of the consolidation period....
Looking at the Weekly chart we are very bearish, On the Daily we have currently come into a area of strong support at this weekly key level , if we see a break below and retest and reject then we could see a new low
DISCLAIMER: Hi everyone, I'm new to trading and this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Alright guys so from what I'm seeing, there's a support level that just wont break on this Euro / Australian Dolllar pair. What...