Preferred direction: BUY Comment: The next buy transaction is being considered for the EURAUD currency pair. We previously considered both long and short positions for this instrument. Today it is not too late to join long positions, and most likely, starting from the current price, the price will go to the level of 1.64767 (scenario №1) , where our goal...
Preferred direction: BUY Comment: The New Zealand dollar is also seen in favor of buyers. Here, the expected growth according to the two scenarios is in many ways similar to the situation for the AUDUSD currency pair. Here, too, the most likely scenario is an increase from current prices (scenario №1) . A less likely scenario involves a preliminary fall...
SL: 1.64973 TP: 1.62000 In this trading strategy, we present a compelling opportunity for a long position on the EURAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
Hello,Friends! EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.658 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/AUD pair. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: BUY Comment: At the beginning of the week, the euro remains on the buy sheet, but the growth looks rather limited compared to the previous week. For the coming week, we are considering growth no higher than the level of 1.08500 . As always, we highlight two scenarios for this currency pair. The most likely scenario №1 involves an...
USDT Dominance has apparently completed its downward movement in the 4-hour time frame.. which has been completed in the form of an impulse that can be considered wave A or 1.. which of course we have named wave A for now.. In the following, an upward phase can be completed in the form of wave B. Based on this, we can expect growth up to 5% and even higher...
Preferred direction: BUY Comment: Before the NFP , we adhere to the buy priority and scenarios that we've outlined at the beginning of the week. The likelihood of the US dollar's main competitors strengthening is high. However, we are talking more about short-term strengthening today. Over the longer term, the US dollar is likely to resume its global...
Preferred direction: SELL Comment: Previous trading ideas for this currency pair worked perfectly, and, as expected, the resistance level of 1.64767 has stopped buyers. At the moment, the probability of resuming the downward movement is high. An increase towards 1.65500 is not excluded within the framework of scenario №2 . However, the more likely ...
Hello,Traders! EUR-AUD went down to Retest the rising support Line so we will be expecting A local bullish correction Towards the target above Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! EUR/AUD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand...
Hello TradingView Family / Fellow Traders, On Daily: Left Chart EURAUD has been hovering within a big range between our blue support and red resistance. Currently, EURAUD is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes. On 1H: Right Chart 📈 For the bulls to take over, we need a momentum candle close...
EURAUD was trading under declining trendline. The price was reacting well the support and resistance of trendline . Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could...
Preferred direction: SELL Comment: Despite the weakness of the franc (only the yen is weaker among the majors), we are also considering the weakening of the US dollar . The European session will be calm, most likely against the backdrop of Labor Day, but the American session will be busy. Of course, market participants will be especially interested in the ...
Preferred direction: BUY Comment: After negative data on retail sales in Australia , the AUD is losing ground, and here we can count on a short-term weakening of this currency. This trend is also confirmed by technical factors. For the EURAUD currency pair, a test of the area is expected at the level of 1.64767 , where the limit seller area is located....
My dear friends, Please, find my technical outlook for EURAUD below: The price is coiling around a solid key level - 1.6354 Bias -Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6451 About Used Indicators: The pivot point itself is...
The EURAUD appears to form a Cup and Handle pattern, suggesting a bullish trend ahead. Traders may anticipate a breakout above the current resistance level as confirmation of this potential upward movement.
The EUR/AUD pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a well-defined bullish channel pattern. This breakout suggests a shift in momentum towards the upside and a higher likelihood of further gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying) above the broken...
EURAUD price can come down to fill the FVG and move upto the level of yesterday's high. Lets wait and see the price action.