EURAUD consolidating in daily timeframe, in our view there are two areas where price can head towards. First is where we think price can continue the bullish move towards 1.80. In our second area, where price can drop hard and take out the daily sell side liquidity. At the current market condition our second scenario looks more suitable. Good Luck ;)
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...
Hey Traders this is my master plan to loot EURAUD Bank, still am entered buy buy limit triggered. My target is 1.66600 It's enough otherwise you stay here your game over. Going to jail. LOL
AUD perspective: Positive: - The Australian economy is weakening, BUT compared to the European "experts" it is holding up quite well (very difficult I know) -> there is no sign of a recession in Australia so far, quite the opposite of the Eurozone, I had already predicted the inevitable recession in my EURCAD trade idea here - Retail sales came in stronger...
First things first: The German Inflation today will come lower (3.7 or 3.8) than the consensus forecasts (4.0) -> Great for my EUR Short
EUR/AUD has hit a band of resistance under the WPP pivot at 1.6567 which coincides with the 200 EMA on H1. With the 200 and WPP above the price, then EUR/AUD BULLS will have their work cut out to push the price musch higher and this gives us a natural STOP for SHORT trades at 1.6574 (29 pips). However. This trade carries risks as we have few confirming...
EUR/AUD appears to be exhibiting a bearish sentiment as it has formed a double top pattern, followed by a correction nearing completion at around 38% retracement. The breakout below the neckline suggests further downward momentum. Additionally, the current price action seems to be following a bearish pennant pattern, signaling potential selling opportunities for...
H4 - Bearish convergence. Currently it looks like a pullback is happening. No opposite signs. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
Hello Traders, Hope you all are doing good!! I expect EURAUD to go Down after completing this wave. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
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...
I don’t think the AUD is as sensitive as the Euro is to shorter-term rates. The rate differential has moved against the AUD in recent days for the same reason as it’s moved against the Euro. The RBA may have sounded marginally more hawkish/less dovish on Tuesday than some expected but not enough to change the picture. AUD does, however, look low on this basis....
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...
What is likely to happen next? It takes 2 points to show that a trend is valid but takes 3 points to show that a trend is confirmed. Looking forward to see a heavy rejection at current price level. We may get a retracement if the area is rejected, but keep in mind the long trend is heavily BULLISH. Because we are in a descending channel which equals to BLL RUN....
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...
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...
We looking at 2 scenerios for the sell. We would confirm with smaller TF for entry. So look out for sell in the blocks. Entry scenario 1 - Around @1.65279-1.65428 Entry scenario 2- Around @1.65000 - 1.65550 Or you can risk entry now and then increase SL while you cut your risk percentage TP1 - 1.64107 TP2 - 1.63194
looking bearish trendline in daily timeframe beacuse descending channel
The EURAUD is currently exhibiting a bullish bias with increasing momentum. On the 4-hour timeframe, a retracement has brought the pair to a key support level, potentially presenting a trade opportunity at the Fibonacci 61.8 retracement. It's crucial to note, however, that the pair is currently somewhat extended, leaving the possibility of further downside before...