Hello,Friends! We are now examining the EUR/AUD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.642 level. ✅LIKE AND COMMENT MY IDEAS✅
My analysis on EUR AUD, I use limit orders so I don't need to be in front of the chart all day. To consider this a good entry there are certain criteria to follow: 1. Clean BoS with IMB. 2. * Look for areas where liquidity has been purged. 3. * Stochastic: in uptrend 0-15, in downtrend 85-100. ( * ) = Not optional but increases our probability. I use Fibonacci...
AUD perspective: Positive: - The Australian economy is weakening, BUT compared to the European "experts" it is holding up quite well (very difficult I know) -> there is no sign of a recession in Australia so far, quite the opposite of the Eurozone, I had already predicted the inevitable recession in my EURCAD trade idea here - Retail sales came in stronger...
Hello,Traders! EUR-AUD retested the Horizontal resistance level Of 1.6608 and we are already Seeing a bearish reaction So I think that the pair Will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_AUD went up to retest a horizontal resistance of 1.66015 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 1.6573 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Third trade I am taking today. Two other trades earlier today was closed for small loss of a total of -0.46R(NZDUSD) and maybe -0.56R(CADJPY). I realised my folly. I should have checked the big boys level on the 4H and/or even also the Daily Time Frame as confirmation before entering my trades. I need price to be at a discounted price zone on the Big Boys Level....
First things first: The German Inflation today will come lower (3.7 or 3.8) than the consensus forecasts (4.0) -> Great for my EUR Short
My analysis shows that the EURAUD currency pair is currently at 1.66925 with a high probability of a sell (sell) trade. Strong resistance at 1.66925: The 1.66925 level forms a strong resistance zone with the convergence of several resistance levels. Forecast: EURAUD is expected to move down from the 1.66925 level. The first downside target is at...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Hey Traders, in today's trading session we are monitoring EURAUD for a buying opportunity around 1.65500 zone, EURAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.65500 support and resistance area. Trade safe, Joe.
Hey Traders this is my master plan to loot EURAUD Bank, still am entered buy buy limit triggered. My target is 1.66600 It's enough otherwise you stay here your game over. Going to jail. LOL
I like this chart 📊 Please pay attention to the details. The price did the stop hunt and create the FVG, then could not continue to go higher and created the inversion. After that, by closing the candle's body below the last down-close candle, the price activated the breaker block, and also the market structure shifted. Now, the price has moved higher and it...
📈 Let's delve into analyzing this forex currency pair for trading on lower timeframes. ⚡️ On the four-hour timeframe, after a fakeout below the 1.66909 line and a sharp decline along with a retest of the weekly support, we're now in a correction phase, engaging with the four-hour support. 🔍 Due to the ongoing bearish cycle, it's risky, but placing a trigger...
EUR/AUD has hit a band of resistance under the WPP pivot at 1.6567 which coincides with the 200 EMA on H1. With the 200 and WPP above the price, then EUR/AUD BULLS will have their work cut out to push the price musch higher and this gives us a natural STOP for SHORT trades at 1.6574 (29 pips). However. This trade carries risks as we have few confirming...
H4 - Bearish convergence. Currently it looks like a pullback is happening. No opposite signs. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
If you're like me, always looking for sell (or buy) traps, this would make a great contrarian trade. These normally become fast and aggressive after a false move. I've set profit target at monthly pivot resistance level (pivot R not shown). I would get in now to minimize drawdown. KISS...more on this later. This has helped me trade tremendously.
Hello,Traders! EUR-AUD went up but Will soon retest a horizontal Resistance of 1.658 from where We will be expecting A local bearish reaction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!