Hey Traders, In above chart we have a breakout of EURAUD uptrend due to AUD strength. Fundamentally with Inflation concerns in Australia it is expected from Reserve Bank of Australia to go for further rate hikes which have made AUD looks interesting for investors, Technically i will be watching a potential retrace of the trend towards more lows. Trade safe, Joe.
Cette paire semble continuer sa remontee. La tendance est donc haussière.
pullback should be coming in on euraud ,looking to take long on lower timeframe. Similarity on the gbpaud as well :) **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if...
EURAUD - Intraday - We look to Buy at 1.6350 (stop at 1.6300) Previous support located at 1.6400. Previous resistance located at 1.6425. Broken out of the triangle formation to the upside. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 1.6425 will confirm the bullish momentum. Our profit targets...
EURAUD - 24h expiry - We look to Sell at 1.6325 (stop at 1.6375) Previous support located at 1.6250. Previous resistance located at 1.6300. Price action has continued to range within a triangle formation. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 1.6205 and 1.6185 Resistance:...
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Hey Traders, Check this sell trade on EURAUD out. The Market is in complete bearish momentum and the price is making a free fall for it. Watch out for the completion of the pattern, touching the upper band of the channel and then look for a sell opportunity on a smaller timeframe. Stay patient.
The EURAUD pair is on a strong green 1D candle today, turning 1D technicals neutral again (RSI = 48.319, MACD = 0.001, ADX = 27.956) after the 1D RSI rebounded from a 42.000 three month low yesterday. It did so after crossing under the 1D MA50 for the first time in 2.5 months. As long as S1 holds, we see a lengthy (even 1 month) support formation, inside a long...
The EURAUD pair gave us last time (January 17) an excellent buy signal on the 1D MA200 (orange trend-line): Right now the pair is testing its 1D MA50 (blue trend-line) following a Higher High rejection within the recent Channel Up. Technically that is a short-term sell signal and we will follow it, targeting the bottom of the Channel Up at 1.60500. With the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURAUD is overall bullish trading inside the rising channel in red. Moreover, the zone 1.60 is a support zone . 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline. As per my...
With the RBA due to meet and eurozone CPI data released tonight, EUR/AUD has caught our eye. It remains within a strong uptrend on the daily chart, although a bearish-outside day ahs slammed prices down to a 4-day low. But we’re keen on long opportunities if prices can remain above 1.6400, given the levels of technical support nearby including the 2021 high,...
Hey Traders, Watch out for EURAUD short term correction back to the bullish channel lower band before making a the new impulsive wave to retesting the weekly supply zone. Keep a close look at it. Good Luck
We like a sell position here. Not advice. Could be a potential supply area dating back to October 2020 on the daily timeframe.
Hi viewers, after todays ECB monetary meeting we are not see some changes, technicalls are bearish here to expect, currently price is on zone here break and bearish trend expecting TP1:1.62200 (80) TP2:1.61700 (185)
EURAUD - 24h expiry - We look to Sell at 1.6345 (stop at 1.6401) Previous support located at 1.6300. Previous resistance located at 1.6350. Price action looks to be forming a top. The trend of higher intraday lows has also been broken. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.6350, resulting in...
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Today’s focus EURAUD Pattern Ending Diagional Possible targets 1.6045 - 1.5905 With the AUD pushing higher on Tuesday, pressure has resumed on the EURAUD. Price looks to have formed an ending diagonal, and today sellers have started to confirm the pattern with a new move breaking the pattern. Ending Diagonal patterns are best seen at the top of trends and...
Expecting weakness in the dollar this week. Monthly and weekly time frames are bearish. The daily timeframe is in a correction which appears to be complete. We will need to see an H4 break of structure to the downside by tomorrow in order for the daily to resume its decline.