Hello dear Fellow Traders! got this beautiful set up for you to day! ------ 💶EUR/ AUD Setup / Analysis 🕐 4hr's Chart 📜The reasoning for this setup —————————— - ( Take Profit point's ) - 💵 Take Profit 1 ( 1.64820 ) ---- 💵 Take Profit 2 ( 1.65000 ) ---- 💵 Take Profit 3 ( 1.66100 ) --- 💵 Last Take Profit 4 ( 1.66500 ) --- Reasoning 📜🖋️ —————————— 🔰The inner Trend...
The dollar edger higher on Friday but is set to end 2023 with its first yearly loss since 2020 against the euro and a basket of currencies, on expectations the U.S. Federal Reserve will begin cutting rates next year as inflation moderates. Questions for 2024 will be when the Fed begins cuts, and whether the first rate reduction is made to avoid over-tightening as...
#EURAUD UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #EURAUD. Traders, Anna is monitoring the Forex pair #EURAUD. EURAUD was in the strong down trend in the HTF and was following the proper trend line. Here we all can see that it breaks the trend line...
The EURAUD pair has been trading within a Channel Down pattern since the August 17 2023 High. The price is now very close to the bottom (Lower Lows trend-line) of the pattern, which makes it a technical buy opportunity. As long as it is closing the 1D candle above the bottom, we will be bullish, targeting the top (Lower Highs trend-line) just above the 0.618...
Waiting for a retest of 1.64521 to short EURAUD back to Daily swing low at 1.58935 If you agree drop a like and if you have any questions leave a comment :)
euraud break trend line for long term selling in weekly time frame
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Greetings Traders, In tomorrow's trading session, our attention is on EURAUD as we actively explore a potential selling opportunity around the 1.63000 zone. Engaged in a downtrend, EURAUD signifies a sustained downward trajectory, reflecting prevailing market sentiment. Concurrently, the currency pair is undergoing a correction phase, steadily converging towards...
Hello,Traders! EUR-AUD went down and Retested the horizontal Support level of 1.6164 From where I will be Expecting a local move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello TradingView community! I'm excited to share my Elliott Wave analysis of EURAUD, which is currently showing a strong sell opportunity. As an avid user of Elliott Wave theory, I've been closely analyzing EURAUD and here's my detailed perspective. My analysis indicates that EURAUD has completed its bullish cycle, characterized by the classic five-wave impulse...
The price of EURAUD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair. ❤️ Please, support our work with like & comment! ❤️
EURAUD - 24h expiry Price action has continued to trend strongly lower and has stalled at the previous support near 1.6150. Price action looks to be forming a bottom. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 1.6225 will confirm the bullish momentum. We look to Buy at 1.6190 (stop at 1.6154)...
EUR/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.62699 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 1.63350 which is a level that sits above a pullback resistance and the 61.8% Fibonacci retracement level. Take profit is at...
EUR/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 1.62571 Why we like it: There is a pullback resistance that aligns with the 38.2% Fibonacci retracement level Stop Loss: 1.63207 Why we like it: There is a pullback resistance that aligns with the 61.8% Fibonacci...
This is only a personal technical analysis, you may take it as a reference, or ignore it. No obligation! Having proper Risk Management will save you a lot! Happy Trading! -SFX-
✅EUR_AUD broke out of Narrowing wedge pattern And the breakout is confirmed So I think that after the Pullback and retest I will Be expecting a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Friends! EUR/AUD pair is in the downtrend because previous week’s candle is red, while the price is evidently rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.634 because the pair is overbought due to its proximity to the upper BB band and a bearish correction...
Seems like there is more momentum to the downside however I would be careful. Usually, we want to see an old key high taken before the weekly targets are met. I am watching this pair closely, I think by taking the previous Wednesday's low we have reached a significant point where if we continue bearish there is an imbalance on the daily chart that I am...