Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.66300 zone, EURAUD was trading in an uptrend and successfully managed to break it out, currently is in a correction phase in which it is approaching the retrace area at 1.66300 support and resistance area. Trade safe, Joe.
EURAUD potentially continue the previous move to go lower after breaking the support trendline. We are expecting the EURAUD to retest in the trendline and that will be our opportunity to open sell position. SELL LIMIT 1.657 SL 1.6635 TP 1.644 TP Max 1.633 Happy Profit! Good luck!
EURAUD - 24h expiry - We look to Buy at 1.6475 (stop at 1.6415) Broken out of the channel formation to the upside. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Risk/Reward would be poor to call a buy from current levels. A move through 1.6600 will confirm the bullish momentum....
Should we wait for Bitcoin 20000 thousand dollars and even lower?? The analysis is based on a style that I just started learning just to diversify and improve the points and ranges.. Trigger Price Action (Tirex)
Interesting development on EURAUD as price is starting to narrow between recent highs and a munch longer term trend line. The uptrend started on 6th Sept 2022 after putting in a low around 1.43000 in late August. Technicals The uptrend line has provided solid support ever since, with bounces in January and June of this year. The January example is most...
hi guys how are you euraud is sell by smc and rtm in my structer please suppoet me by like and comment
Two weeks ago I warned about the possibility of a drop to the 1.63 zone for the EurAud pair. Indeed, the pair dropped, recovered quickly though, and got back above 1.65 again. However, looking at the daily posted chart, we could see that 1.66+ is a very strong ceiling and the pair keeps reversing from above that figure. At the time of writing the pair is flirting...
The australian dollar is gaining strenght this week because of its commodity correlation. EURAUD failed to create higher market structure and we seem to head to a key level at around 1.6450. If this level is properly broken, we should expect further downside to our targets...
Hello traders, In our last trade over the pair we had made good profit! this time we are more cautious.
EUR/AUD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at1.65011 which is an overlap support. Stop loss is at 1.64430 which is a level that aligns with the 61.8% Fibonacci retracement level and sits under a pullback support. Take profit is at 1.66387 which is a pullback resistance level. High...
#EURAUD UPDATE Hey traders, hope you are enjoying your trading journey and also our trading analysis. Today Anna's team is going to share a worthy analysis with you on #EURCAD. In the HTF, #EURAUD was in uptrend and follow a trend line properly. We observe that in the LTF it is almost in down trend and will go high soon. As you all can see that if the market...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
The EURAUD currency pair is currently testing a key trendline resistance, with an attempt to break out. In the event of a successful breakout above 1.6600, we anticipate a potential upward movement towards the next resistance level at 1.6865. However, failure to breach the trendline resistance could result in the pair remaining within its established trend.
EURAUD broke its previous trendline resistance and has probability continue to reach Fibonacci retracement between 50% and 61.8%. The primary trend of EURAUD remain bullish and potentially the secondary trendline in daily chart has been completed. I will provide you with the update once the trendline is confirmed. Good luck and happy profit!
EURAUD is trading in descending channel pattern and recently it seems like the sellers are bit exhausted now and bullish take the charge and has given breakout of the channel. Currently the pair is forming support at 1.6550 level, and it seems like bulls are getting ready for another leg high. What you guys think of this idea?
Hey traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.65850 zone, EURAUD was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 1.61850 support and resistance zone. Trade safe, Joe.
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...
---------EURAUD LONG---------- I just went long on EURAUD currency pair as I see there is a potential upside movement. It seems like larger correction has come to its end and now main trend is about to continue. We will see. This is not a financial advice, do your own research and analysis.