EURAUD has formed strong bearish price action on the 4H timeframe. The price is already long-term bearish. After the previous month's bearish engulfer, this moths price already retraced, now preparing for a big drop to create a new lower low! The current price has broken the previous swing high, grabbed liquidity, and started to drop with 4H bearish engulfer Give...
EURAUD ( daily) in a downtrend for an extended period of time. Currently, EURAUD has formed double Doji in this falling market which signs a further drop as the monthly downtrend has resumed. If you find value in this analysis, like and share.
Formation of head and shoulders pattern in euraud . Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my...
EURAUD is in a long-term downtrend currently, the price has created a bearish price action and looks like preparing for a further drop.
The EURAUD pair got a massive rejection on the 1D MA200 (orange trend-line) on July 01 and since last week, it hasn't even regained its 1D MA50 (blue trend-line) suffering a strong sell-off. The long-term pattern is a Bearish Megaphone, technically such rejection should push the price to a new Lower Low. Based on a similar fractal last February, we can go as low...
Trading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors . Trading suggestion : 📈 EURAUD Sell Now 1.5201 Stop Loss @ 1.5323 Take Profit 1@ 1.5065 Take Profit 2@ 1.4784 Take Profit 3@ 1.4548 ⛔️ Trading and investment in the financial markets ...
The EURAUD pair has been trading within a long-term Bearish Megaphone pattern but since the April 05 bottom, it has established a Channel Up on the medium-term. A similar Channel Up pattern was what took the Megaphone to its previous Lower High. In the process, the 1D MA50 (blue trend-line) has been turned into a Support and the next technical Resistance is the...
This is a follow-up detail on the publication shared during last week's trading session (see link below for reference purposes), where the price moved over 200pips in our favour. Now, with the present structure on the chart, I am beginning to see a set-up that might allow us to add more selling positions as long as we do not see a breakout of the bearish trendline...
EUR-AUD broke a key horizontal level and went up And the broken level turned into a support Which will soon be retested by the pair So I think that the price will go up After the retest of the support AT 1.49249 to the target above
Going into the new week; we might be expecting the confirmation of a reversal structure to tend towards a bullish momentum but the multiple rejections of 1.49 during the course of last week's trading session could be giving us a clue into the strength of the sellers at this juncture in the market without ignoring the potential of the Aussie against the Euro since...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
The EURAUD pair has been rejected on the 1D MA50 (blue trend-line). In fact Monday was the first time the price hit this trend-line since February 18. The trend is heavily bearish long-term as the pattern has been a Bearish Megaphone since June 2020. We are expecting a new Lower Low near the 2.0 Fibonacci extension (1.4051) and then a medium-term rebound towards...
Despite a long-term downtrend scenario on the higher timeframe, I am of the opinion that we might be on a verge of a bullish surge in the near future. In this video, I explained how a rising reversal pattern is identified on the 4H time frame where the breakout of structure yesterday might be a signal for an upside move. Risk Disclaimer: Margin trading in the...
When it comes to the technical analysis of EURAUD , you might get an impulse to the upside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a buy opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area. And also don't forget to...
EUR-AUD was trading in a narrowing wedge But now we are seeing a bullish breakout Which makes me expect a move up Towards the target above AT 1.51600
EUR-AUD was trading in a downtrend But then the pair broke the falling resistance and After retesting the horizontal support level AT 1.4610 Which makes me locally bullish And I think that we will see a move up To retest tresistance zones above at 1.944
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
EURAUD has been technically trading within a Triangle since October 2021 as both a Higher Lows trend-line has been supporting and the 1.62320 Resistance rejecting the price. At the moment the pair has found Support on the 1D MA200 (orange trend-line), which is a buy accumulation level of its own, with the 1D MA50 right below it. As long as this zone up to the...