EURAUD Soon ready to climb...
EURAUD broke the channel and retracing now.. it is advised to enter after green candles are finish.. it'll be a good short... Please hit "LIKE" to support and follow for more ideas. Vinny
EUR/AUD has broken down the 200 EMA and is currently in a bearish trend. An opportunity has presented itself to enter the bearish trend. As the price breaks the current support (1.56 area) it may continue down for the rest of the month until it finds a strong support. The long term bearish move is cancelled if the pair finds the strength to break the 1.57...
EUR/AUD has been in a consolidation area for about a week and seems to have taken the impact from the last uptrend. As we can tell from our indicators, this pair does not seem to have the steam left to go further high. Thus, we can open a short position for the reversal of this pair back to 1.54. Our Stop Loss needs to be higher than the last highs. Recommended...
Commentary provided today is aimed at understanding the 3 important things to keep in mind when trading and/or investing in the EURAUD. The Daily timeframe chart below captures price action from ~ August 21, 2015 till present date. Chart patterns, (which includes trend lines) are utilized in this analysis to point out 3 key areas to pay attention to that are...
ON THE WEEKLY CHART, PRICE BROKE OUT FROM THE ASCENDING WEDGE AND IS CURRENTLY DOING A PULLBACK FOR THE BIG MOVE ON THE DAILY PRICE BROKE OUT OF THE ASCENDING WEDGE (WHICH IS THE PULL BACK ON THE WEEKLY) AND HAS GONE INTO CONSOLIDATION i AM EXPECTING PRICE TO BREAK OUT OF THE BOX AND THEN i WILL SHORT THIS PAIR. MY EYES ARE ON THE 1.5700 AREA.
EURAUD broke out the uptrend line and just retested. It is very much likely that the market will retest the lows. Momentum indicators supporting the view, i am looking for sell setups for a target to the lows.
Momentum has changed and the market has been shifting with new momentum. The first wave has occurred followed by a short correction wave, but this is not a sign to buy. This sign will mean if a trigger volume occurs and the price moves according to the momentum that occurs.
Please trade with care.
i buy euraud at 1.5650 because he is much oversold and face a weekly support.;so i bet on a rebond of 80pts for start. with a <SL at 1.5620..me i will not make but at 1 long if he go there like a dip or even just go there
On weekly chart analysis, we can see that EURAUD has break resistance level and moving upward. Use small lot size. Trade at your own risk.
just for fun and easy setup,for beginner if they want to enter by themself in this trade as you see is in perfect range so what you ave to do is to wait a price fo out for this range (rectangle) and to wait a bit a confirmation and then enter short or long and manage your ratio or doing you first scalp alone. Quiet market so i see that perfect range i wann post...
i short at 1.5695 (1.5700 psychological level) to target a easy pullback on 1.5630-35 = 65 pips 1.5700 psychological level 1.5700 weekly resistance overbought in short term a small pullback is welcome i think enter at 1.5695-1.5700 target 1.5635-25 gains around 60 pips 2 x 1 lot forst lot will cut at + 25-35 pips and the second lot i will make a Stop loss...
Hi traders! Uptrend channel Correction happened and now touched bottom of the trend Good opportunity to go LONG EURAUD LONG ENTRY : 1.52468 SL : 1.51963 TP : 1.58995 Trade safe! Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Buy 0.382 Fib support Price action indicates reversal of trend
I shot euraud short time trade 1-2 days he is on Weekly resistance and overbought h1 and h4 on many indicator also the night Aud get the a record data for a business conditon at 21 from previous 14 short at 1.5372 Target 1.5300 gain 72 pips No stop loss (just monitoring)
Check previous chart for initial setup. Happy Trading (*-*)