Hello traders! ‼️ This is my perspective on EURAUD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to make a retracement to fill the imbalance higher and then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
My dear friends, Please, find my technical outlook for EURAUD below: The price is coiling around a solid key level - 1.6354 Bias -Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6451 About Used Indicators: The pivot point itself is...
Hello,Friends! We are targeting the 1.649 level area with our long trade on EUR/AUD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: SELL Comment: The US dollar has started a long-awaited correction, but the franc and a number of other major currencies have so far kept away from growth. One such currency is the franc. Here, we continue to adhere to sell-priority. The focus is on the sport resistance level at 0.91424 to which the price is currently stuck. Main ...
Preferred direction: BUY Comment: The New Zealand dollar duplicates the sentiment of its older brother, the Australian dollar . Since last week, the buy priority has been maintained, and only the growth target has been changed, which we are considering at the level of 0.59857 . Setting a goal higher than 0.60000 will be a rather risky idea, so it is best...
Preferred direction: BUY Comment: Tuesday has started more positively for the majors, especially for the euro and pound , which we talked about yesterday (these trading ideas can be viewed). The Australian dollar, like the above currencies, is on the buy list. Here, we continue to keep previous long positions with a target at the level of 0.65010 . Within...
Hello,Traders! EUR-AUD was trading Along the rising support But now we are seeing a Swing breakout and the Breakout is confirmed so We are bearish biased And we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Preferred direction: BUY Comment: The long-awaited growth in the euro , which we considered and held the position for two weeks. Most of the potential growth has been spent. Buyers still dominate and buy off sales in the market. Most likely, there will be another shot upward towards the level of 1.08000 . However, we limit ourselves to the target at the level...
Preferred direction: BUY Comment: Metals , on the contrary, show a negative trend at the beginning of the week, but within the framework of long-term movement, this is just a normal correction. Long trades of both gold and silver are considered. For silver , the price approached important support at the level of 26.50 , from where last time we recorded a...
Preferred direction: BUY Comment: Gold has been saving a long mood since last week. Despite the short-term fall at the beginning of the new trading week, growth is still expected towards the current historical highs at the level of 2430 . Scenario №1 , which we gave in our previous trading idea for gold, is already active. The maximum from current prices is...
Preferred direction: BUY Comment: Since last week, we continue to follow to the buy-priority for the euro . Last week passed mainly within the balance of 1.06000 - 1.07000 . For the coming week, we highlight two scenarios, where the most likely scenario №1 says about an increase from current prices. Scenario №2 is quite aggressive on the part of the...
TP: 1.62317 SL: 1.64671 In this trading strategy, we present a compelling opportunity for a long position on the EURAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
Hello,Traders! EUR-AUD went down and Retested the rising support Just as I expected and now We are already seeing a Bullish rebound so I think That we will see a further Move up from support Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello TradingView Family / Fellow Traders, On Daily: Left Chart EURAUD has been hovering within a big range between our blue support and red resistance. Currently, EURAUD is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes. On 1H: Right Chart 📈 For the bulls to take over, we need a momentum candle close...
EUR/AUD is rising towards a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.65020 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement Stop loss: 1.65572 Why we like it: There is a pullback resistance...
In the daily time, it moved up after a complete 5-wave cycle, which is currently correcting the previous movement wave in a complex three-wave cycle. The last correction log after the breaking of the support area that corrected itself at 61.8 the previous wave has broken the area downwards, which is currently a resistance area for it. This upward correction wave...
EURAUD has turned marginally bearish on its 1D technical outlook (RSI = 44.934, MACD = 0.000, ADX = 23.651) and dropped under the 1D MA50 and 1D MA200. This happened at the top of the Channel Down. We turn bearish, aiming at a symmetric LH wave of -4.31% (TP = 1.60250). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments...
Well, as you can see, the price purged the weekly external range liquidity, had a bearish reaction, and shifted the market structure, most likely we are on the sell side of the curve now. Recently the price took the sell side liquidity which can cause the price to move higher to collect the buy side liquidity and then drop to draw on liquidity. The price can...