Hello Traders👋🏻 The EURAUD Formed a Descending Channel📉 Currently, The Price Broke The Resistance Line of The Channel So, I Expect a Bullish Move📈 ----------- TARGET: 1.66465🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
H1 - Bullish trend pattern. Currently it looks like a pullback is happening. No opposite signs. Until the two strong support zones hold my short term view remains bullish here.
My dear friends , My technical analysis for EUR/AUD is below: The market is trading on 1.64737 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.63328 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
On EUR/AUD, we have a bullish setup after last week's news on the dollar. Currently, the price is retracing and it is expected to do so until the 38 Fibonacci level. There, we have a potential entry point for a long trade at 1.6475, as we have a breaker block validating the entire setup. Greetings from Nicola, CEO of Forex48 Trading Academy.
Analysis: Looking at the chart we're able to see that price recently seemed pretty bullish and due to the news that came out for the USD last week it's had an affect on the AUD and we've since seem some AUD weakness, however we see a potential reversal happening soon. At this of area resistance we marked out we've seen that price has tagged this area before and...
Hello,Friends! Previous week’s green candle means that for us the EUR/AUD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.620. ✅LIKE AND COMMENT MY IDEAS✅
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The structure has already broken out with a CHoCH, so the possibility that I emphasize in this analysis is a correction that occurs until the SnD above and then the price goes back down deeper.
EUR/AUD is giving a good chance for Bulls to win $$$$$$. Notice the bullish flag in 1D has broken up ( there is another bullish flag in 4H chart too) I'll be targeting the level shown on the chart, or higher if possible. Have a safe trade to all!
TRADE IDEA: EURAUD market currently gave us a new High after breaking above our prev high of downtrend shifting structures as it broke above our resisting trendline with a powerful momentum to the upside rejecting at 1.64510 as its strongly also giving us a correction as all eyes are at the zone/ OB waiting for another impulsive move to the upside.h
Hey Traders, in today's trading session we are monitoring EURAUD for a buying opportunity around 1.63500 zone, EURAUD was trading in a downtrend and successfully managed to break it out. Currently EURAUD is in a correction phase in which it is approaching the retrace area at 1.63500 support and resistance zone. Trade safe, Joe.
Will EURAUD complete AB=CD pattern. As the pair is currently trading at strong support zone, will this support provide a bullish impulse to pair?
we r waiting for the completion of the fifth wave we have divergence so watch the price for selling opportunities _____________________________________________________________ don't forget your risk management follow for more :))
the price now is backtested a previous resistance not turned into support so we expect a continuation to the upside to complete wave 5 _____________________________________________________________ don't forget your risk management follow for more :))
Able to look for another entry to continue the trend on bearish
Hello,Friends! EUR/AUD is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of...
Hello Traders In This Chart we Forecast EURAUD H4 today EURAUD analysis 👆 🟢This Chart includes_ (EURAUD market update) 🟢What is The Next Opportunity on EURAUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market...