Bearish breakout?EUR/AUD could rise towards the resistance level, which serves as a pullback resistance and could potentially reverse from this level to our take-profit target.
Entry: 1.75039
Why we like it:
There is a pullback resistance level.
Stop loss: 1.76344
Why we like it:
There is a pullback resistance level.
Take profit: 1.72940
Why we like it:
There is a support level at the 100% Fibonacci projection.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Eur-aud
EURAUD to continue in the downward move?EURAUD - 24h expiry
There is no clear indication that the downward move is coming to an end.
Although we remain bearish overall, a correction is possible without impacting the trend lower.
Short term RSI has turned negative.
Risk/Reward would be poor to call a sell from current levels.
The measured move target is 1.7250.
We look to Sell at 1.7400 (stop at 1.7450)
Our profit targets will be 1.7300 and 1.7250
Resistance: 1.7400 / 1.7450 / 1.7500
Support: 1.7350 / 1.7300 / 1.7250
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Bullish reversal setup?EUR/AUD is reacting off the pivot and could bounce to the 1st resistance.
Pivot: 1.75398
1st Resistance: 1.76062
1st Support: 1.75061
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party
EURAUD, Huge Formation, WEDGE to Setup BEARISH BREAKOUT!Hello There!
Welcome to my new analysis of EURAUD from the 4-hour timeframe perspective. In recent times the EXY, European Currency Index has shown up with crucial bearish inclinations which are pointing to a bearish market sentiment especially with massive inflation spreading like wildfire seemingly not reacting to exponential rate hikes pulled out by the ECB. Such developments could point to a major bearish setup emerging for the EURAUD also. Besides that, there are important formational structures that need to be considered here. In this case, it is necessary to determine the final completions and changes within the market before rushing to anything else.
Formational Developments, Resistance, Bearish Momentum, and Setup:
When looking at my chart now EURAUD continued to form this preceding huge bearish descending channel trend in which it already pulled back several times bearishly off the upper boundary increasing the high possibility likelihood of such pullbacks to holding on and printing the next bearish waves with continued lower lows to be determined. Especially as EURAUD already pulled back several times from the 65-EMA in red as well as the 35-EMA in grey these EMAs are substantial resistances from where continued pullbacks are more likely than anything else. Currently, EURAUD is approaching the EMAs together with the upper boundary resistance of the channel once again which is pointing to the next bearish wave to set up from here on.
Upcoming Determinations, Bearish Breakout, Target Activation, and Underlying Drivers:
Furthermore, what is the most important formation in my whole chart is this crucial descending wedge formation. Such a formation is pointing to an increased continuation toward the bearish direction in almost all of the cases. This formation will be completed with a final breakout below the lower boundary as it is marked within my chart and as EURAUD already completed the wave-count within the formation this final breakout is likely to emerge within the near future. Once the breakout has shown up as it is marked this is going to be the origin of the wave C extension and bearish momentum acceleration as it is marked. Once this wave C acceleration and bearish wave has shown up it is going to activate the final target zone as marked.
Once this final target zone has been reached further assumptions need to be made. The pair is on my watchlist to determine important changes once they have shown up here, especially with the target projections and bearish developments to be expected. Especially, a massive inflation increase together with failed monetary policies are going to fuel a bearish momentum inclination here therefore these underlying factors also need to be considered then.
In this manner, thank you everybody for watching my analysis of CHFAUD. Support from your side is greatly appreciated.
VP
EURAUD to find buyers at market price?EURAUD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.7650 will confirm the bullish momentum.
The measured move target is 1.7725.
We look to Buy at 1.7600 (stop at 1.7550)
Our profit targets will be 1.7700 and 1.7725
Resistance: 1.7650 / 1.7700 / 1.7725
Support: 1.7600 / 1.7575 / 1.7550
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURAUD - Rally Into Resistance or Setup for Continuation?📉EURAUD remains structurally bearish , with price still respecting the broader descending trendline.
The recent bounce is corrective in nature and has brought price back into a key supply zone, right at the intersection with the upper trendline.
This area is critical.
⚔️As long as price remains capped below this confluence , the higher-timeframe bias stays bearish. This is exactly the type of zone where trend-following shorts become attractive — not blindly, but through confirmation on lower timeframes.
What matters here is not the level alone, but the reaction:
rejections, momentum loss, and lower-timeframe bearish structure will be the trigger.
If sellers defend this intersection, continuation to the downside remains the higher-probability scenario.
Will sellers step in again at the trendline, or will buyers surprise? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr
Bullish momentum to extend?EUR/AUDhas bounced off the pivot whch is a pullback support, and could rise to the 1st resistance.
Pivot: 1.76994
1st Support: 1.76459
1st Resistance: 1.78033
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party
EURAUD to continue in the upward move?EURAUD - 24h expiry
There is no clear indication that the upward move is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.7750 will confirm the bullish momentum.
The measured move target is 1.7825.
We look to Buy at 1.7700 (stop at 1.7650)
Our profit targets will be 1.7800 and 1.7825
Resistance: 1.7750 / 1.7800 / 1.7825
Support: 1.7725 / 1.7700 / 1.7675
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Bearish reversal off 38.2% Fibonacci resistance?EUR/AUD is rising towards the pivot and could reverse to the 1st support.
Pivot: 1.7673
1st Support: 1.7550
1st Resistance: 1.7754
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party
EURAUD: Short After Break!Next week we are going to have important news for AUSSIE. If it aligns with our analysis, we will short the pair after breaking below the PURPLE level of 1.7550!
Regarding the EQUAL daily levels, we have seen a great reaction and wait for more bearish moves!
This is a great ZONE we are facing now!
We see that the last bearish move was considerably STRONG!
We expect a break below the zone; I'll put my orders then!
EURAUD to find buyers at current market price?EURAUD - 24h expiry
The selloff is close to an exhaustion count on the intraday chart.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.7650 will confirm the bullish momentum.
The measured move target is 1.7800.
We look to Buy at 1.7600 (stop at 1.7525)
Our profit targets will be 1.7750 and 1.7800
Resistance: 1.7650 / 1.7700 / 1.7750
Support: 1.7600 / 1.7550 / 1.7525
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Bullish bounce off key support?EUR/AUD is falling towards the support level, which is a multi-swing low support that aligns with the 61.8% Fibonacci projection and could bounce from this level to our take profit.
Entry: 1.7579
Why we like it:
There is a multi-swing low support that aligns with the 61.85 Fibonacci projection.
Stop loss: 1.7475
Why we like it:
There is a pullback support level that aligns with the 100% Fibonacci projection.
Take profit: 1.7758
Why we like it:
There is an overlap resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Potential bearish drop?EUR/AUD has rejected off the resistance level which is an overlap resistance and could drop from this level to our take profit.
Entry: 1.77581
Why we like it:
There is an overlap resistance level.
Stop loss: 1.78593
Why we like it:
There is a pullback resistance level.
Take profit: 1.75795
Why we like it:
There is a multi-swing low support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
EURAUD to continue in the upward channel?EURAUD - 24h expiry
Indecisive price action has resulted in sideways congestion on the intraday chart.
Pivot support is at 1.7700.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.7900 will confirm the bullish momentum.
The measured move target is 1.8025.
Our profit targets will be 1.8000 and 1.8025
Resistance: 1.7900 / 1.7950 / 1.8000
Support: 1.7850 / 1.7800 / 1.7775
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURAUD - Bulls Still in Control… Waiting for the Next Retest!📈EURAUD continues to hold a clean bullish structure , trading inside an ascending channel while respecting the major support zone around 1.7650–1.7700.
⚔️This green zone has acted as a strong rejection area multiple times , showing clear buying pressure each time price dips into it.
As long as EURAUD remains above this structure, the bullish bias stays intact. I will be looking for longs on the next retest of the channel’s lower boundary, which aligns perfectly with the green demand zone - a powerful confluence area for trend-following entries.
🏹If the bulls manage to defend this zone once again, the next wave upward toward the upper boundary of the channel becomes the most likely scenario. But if price breaks below the structure, the bullish outlook would weaken.
We’re now waiting for the market to make the next move… will the bulls step in again at support? 🤔
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
Good luck! 🍀
All Strategies Are Good; If Managed Properly!
~Richard Nasr.
Bullish bounce off?EUR/AUD has bounced off the pivot which is a pullback support and could rise to the 1st resistance.
Pivot: 1.77607
1st Support: 1.76733
1st Resistance: 1.79621
Disclaimer:
The opinions given above constitute general market commentary and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended to be informative only, and are not advice, a recommendation, research, a record of our trading prices, an offer of, or solicitation for, a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation, or needs of any specific person who may receive it. Please be aware that past performance is not a reliable indicator of future performance and/or results. Past performance or forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or any information supplied by any third party.
EURAUD dips continue to attract buyers.EURAUD - 24h expiry
Indecisive price action has resulted in sideways congestion on the intraday chart.
Pivot support is at 1.7600.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.7850 will confirm the bullish momentum.
The measured move target is 1.7875.
We look to Buy at 1.7775 (stop at 1.7700)
Our profit targets will be 1.7925 and 1.7950
Resistance: 1.7850 / 1.7900 / 1.7950
Support: 1.7800 / 1.7775 / 1.7750
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURAUD to find buyers at current market price?EURAUD - 24h expiry
Indecisive price action has resulted in sideways congestion on the intraday chart.
Pivot support is at 1.7600.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.7750 will confirm the bullish momentum.
The measured move target is 1.7875.
We look to Buy at 1.7700 (stop at 1.7625)
Our profit targets will be 1.7850 and 1.7875
Resistance: 1.7750 / 1.7800 / 1.7850
Support: 1.7725 / 1.7700 / 1.7650
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Bearish reversal off pullback resistance?EUR/AUD is rising towards the pivot and could reverse to the multi-wing low support.
Pivot: 1.78317
1st Support: 1.75799
1st Resistance: 1.79621
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURAUD to see a turnaround?EURAUD - 24H expiry
The selloff is close to an exhaustion count on the intraday chart.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.7650 will confirm the bullish momentum.
The measured move target is 1.7750.
We look to Buy at 1.7575 (stop at 1.7500)
Our profit targets will be 1.7725 and 1.7750
Resistance: 1.7650 / 1.7700 / 1.7750
Support: 1.7600 / 1.7575 / 1.7550
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Bullish reversal off major support?EUR/AUD is reacting off the support level, which is a multi-swing low support and could bounce from this level to our take profit.
Entry: 1.75925
Why we like it:
There is a multi-swing low support.
Stop loss: 1.74710
Why we like it:
There is a multi-swing low support.
Take profit: 1.77348
Why we like it:
There is a pullback resistance that lines up with the 23.6% Fibonacci retracement.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.






















