Dear traders, Hope you are doing great, with EURAUD we think price of this pair will soon drop. There are two factors first one is price already rejected multiple times and then price dropped, this technical view indicates that price will drop further as we move ahead. Secondly, fundamental side support our view, gold is expected to rise and break all time high...
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Greetings Traders, In today's trading session, our focus is on EURAUD as we actively monitor a potential selling opportunity around the 1.62200 zone. Operating within a downtrend, EURAUD exhibits a sustained downward trajectory. Concurrently, the currency pair is navigating a correction phase, gradually converging towards the trend at the critical 1.62200 support...
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...
EUR/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.62539 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.63300 which is a level that sits above a pullback resistance and the 61.8% Fibonacci retracement level. Take profit is at...
Hello TradingView Family / Fellow Traders, 📈 EURAUD has been overall bearish , trading inside the falling channel in red and it is currently approaching the lower red trendline. Moreover, the zone 1.6 is a robust support level. 🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the...
In my assessment, the EURAUD chart displays an exhaustion gap, hinting at a potential rise in prices. Be cautious in your trading decisions. From my viewpoint, I've recognized an exhaustion gap on the EURAUD chart, indicating a likelihood of an upward trend. Exercise prudence in your trades, and I extend my best wishes for your success
On my view, its exhaustion gap in EURAUD chart and price will goes high again. Trade safe. Good luck.
Hello,Friends! We are now examining the EUR/AUD pair and we can see that the pair is going down locally while also being in a downtrend on the 1W TF. But there is also a powerful signal from the BB lower band being nearby indicating that the pair is oversold so we can go long from the support line below and a target at 1.630 level. ✅LIKE AND COMMENT MY IDEAS✅
Take a look at our analysis for EURAUD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.623. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.634 level soon. P.S Please, note that an oversold/overbought...
✅EUR_AUD is trading in a Downtrend and the pair has Formed a bearish triangle So we are bearish biased And IF we see a breakout To the downside then The pair will go down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
This trade idea is based on ICT concepts such as liquidity, FVG, OTE etc.
Hello,Traders! EUR-AUD is trading in a Downtrend and now we Are seeing a strong bearish Breakout and it is confirmed So I think that we will see A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURAUD was in bearish phase but currently price is about to give breakout. After successfully printed hammer and touched PRZ with bullish div this might be a bullish signal and seems like price may go for another leg higher. What you guys think of this idea?.
EURAUD price action shows falling wedge pattern with bullish divergence at 4H TF. Long Entry @ CMP Stop Loss @ Below trend line TP @ 1:1 RR
My dear followers, I analysed this chart on EURAUD and concluded the following: The market is trading on 1.6201 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.6325 Safe Stop Loss - 1.6144 About Used Indicators: A super-trend indicator is plotted on either above or...
1H chart short setup idea! Let me know what you think!
EURAUD short retest setup coming on EURAUD. If price breaks lower, I will be looking for a short retest trade! Let me know what you think!