i am expecting EURAUD up move based on POI available and a strong support area,
Welcome back guys we are currently looking at EA on a Massive Movement for about 500 pips plus, so we are currently on a nice resistance zone or level and EA is on a down trend movement so lets waiting on a sell confirmation at 1.55557 lvl and our take profits lvl at 1.50025. so guys tell me what you think about this trade.
EUR-AUD is trading in a local uptrend And the pair made a rebound from The horizontal support, then Broke the falling resistance So I am bullish biased And I think that we will see A retest of the target above
The EURUAD pair made a big bullish break-out in late December as it broke above the Bearish Megaphone structure that it has bene trading in since late 2020. The past 3 weeks however have been marked by a retrace, even below the 1D MA50 (blue trend-line) which was the Support before. Potentially a new Channel Up may be dictating the new bullish trend and that was...
Here is my view for EURAUD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURAUD, i am expecting Short upto 400+ Now because of Previous Choch and emitted POI but this OB will Show its impact
Price came down with a bearish impulse and started consolidating which is taken as a corrective move to continue bearish
The EURAUD pair had a very strong August 26 - October 14 rally and since then it has been on a short-term Channel Down (Lower Highs/ Lower Lows). This volatility/ consolidation has been a distinct characteristic of both previous tops (Lower Highs) within the long-term Bearish Megaphone pattern that in June 2020. A break below the 4H MA50 (blue trend-line) would...
EUR-AUD is trading in an uptrend Along the rising support line So after the pair retest the Rising Support We are likely to see a move up
EURAUD 4h, after quite a little time back and forth finally is forming a bullish engulfing on the 4h. Price already tested the trend line and now, as the long trend is bullish price is likely to push up to test the long-term monthly resistance level. After the candle close, upon the formation of a bullish engulfer a buy trade is highly probable!!
The EURAUD pair recently broke above the 1D MA50 (blue trend-line) and came just one step before testing the 1D MA200 (orange trend-line), which caused (on July 01) the last major rejection. We can see the possibility of a Channel Up emerging, in the same formation as those of November - December 2021 and March - May 2021. Notice the similarities on the 1D RSI...
This is just a technical analysis with no fundamental or upcoming economic events reviewed. View upcoming post of smaller time frames for full analysis and more trading ideas. Trade Types- -- Support & Resistance -- Following the trend *I will message any and everyone who follows me the overlays and sub indicators used to assist in concluding trade idea.
EUR-AUD broke the falling resistance Which turned into a local support And as the pair is retesting the horizontal resistance at 1.45902 now I think there is a high chance To see a rebound to the upside
The EURAUD pair has been following our long-term perspective as illustrated more than a month ago: As you see, the rejection on the 1D MA200 (orange trend-line) caused a strong sell sequence that came too close to testing the 1.4325 Support (April 05 Low). We remain well below the 1D MA50 (blue trend-line) with the RSI on Lower Highs. Within the multi-year...
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.
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...