Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.59600 zone, EURAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the major trend at 1.59600 zone. Trade safe, Joe.
Our 12 am Candle indicated we are BEARISH. So we wait for the algorithm to raid Liquidity above the MZ. The DXY is HEAVY Bullish now. Which confirms our sell on EURUSD. EURUSD will sell typically to the 3rd or 4th Standard Deviation on a Bearish day:) Never Over Leverage. Trust your trade set up. Have a Great Weekend!
FX:EURAUD Buy opportunity short trade Buy : 1.58504 Top: 1.58850 This is short term trade, please use it wisely with proper risk management and valid only for today.
the pair has tested the support level of 1.59019 and is starting to show signs of continuing its bullish run. check the chart for more visual details.
My dear subscribers , Please, find my technical outlook for EUR/AUD below: The price is coiling around a solid key level - 1.58907 Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.60121 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to...
After a bounce from the support, EURAUD has reached the 61.8% Fibonacci level. A downside move or pullback would be a healthy development, potentially occurring swiftly.
EURAUD CHART ANALYSIS POSTED ON SUNDAY 11 JUNE 2023!!! Make sure you do your research and based on your confluence please look for the entry. Don't rush your trades without any confirmation. Thanks in advance for checking my trade idea.
We're seeing price approach major resistance at 0.9094 which is an overlap resistance, 38.2% FIbonacci retracement, 61.8% Fibonacci projection and the bearish Ichimoku cloud is giving price a nice bearish momentum. A reversal from here could see prices drop towards the 0.8943 level. Please be advised that the information presented on TradingView is provided to...
EURAUD is forming a strong consolidation near support 1.59000. The market is most likely preparing for a breakout of this area. TA on the high timeframe: 1) The lower chart shows us multiple retests of support. Buyers continue to hold this area 2) The market is dominated by a bearish trend TA on the low timeframe: 1) Price continues to move within a...
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...
The EURAUD currency pair continues to exhibit a persistent bearish trend, with recent price action indicating a rebound from the previous resistance area. Our analysis suggests that this rebound is likely to be a temporary retracement within the broader bearish trajectory. Therefore, our perspective aligns with the idea of a bearish continuation, as we anticipate...
Hello,Friends! EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.618 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✅
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart As per my last analysis, we know that EURAUD is sitting around a strong rejection zone as it is the intersection of a horizontal support in blue and a non-horizontal support in red. So we will be looking for buy setups on lower timeframes. on H1: ...
On EURAUD, we notice a price consolidating around 1.592 within a demand zone. The price is consolidating after breaking a bearish trendline. In this area, many buying orders are accumulating, suggesting a potential increase in the stock price up to 1.62, where we have an interesting supply zone. I don't exclude a rise towards the 1.64 area. Share your...
Hello,Friends! EUR/AUD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 4H timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.609...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURAUD is overall bearish trading inside the falling channel in red, and we are currently approaching the lower bound. Moreover, the zone 1.590 is a support zone . 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the...
EURAUD is touching at the moment the bottom of the Channel Up pattern that has been in place for 10 months. The 1D time frame is technically almost oversold (RSI = 32.980, MACD = -0.011, ADX = 36.222) with the RSI in particular last time it was that low was in July 28th 2022. If the price doesn't rebound on the current level, we expect a test of the 1D MA200. In...
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.