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.
Hey Traders, in tomorrow's trading session we are monitoring EURAUD for a buying opportunity around 1.58400 zone, EURAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the major trend at 1.58400 support and resistance zone. Trade safe, Joe.
HEY EVERYONE! HAPPY AND BLESSED SUNDAY! HOPE YOU'RE ALL DOING WELL! Just wanted to do a quick and simple breakdown here on EURAUD. This has been an opportunity I have been waiting for a couple weeks now. And with the current market circumstances and the previous weekly candle being bearish engulfing with lower TF now strong seller market. I think its time! Lets...
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...
On the one-hour chart, AUDJPY is in the area of overhead resistance and the supply zone. Both the zero-lag MACD is showing bearish divergence. The mass index indicator has already given a reversal signal where mathematically the indicator goes over 27 and then triggers when it crosses down on 26.5 This indicator often misses a reversal but seldomly generates...
On the 15 minute chart- the AUDNZD pair is shown to have encountered overhead horizontal resistance by the Luxalgo indicator. It has been unable to get above the 2nd standard deviaion line of the anchored VWAP and deflected downward. Price is now below the POC line of the multisession volume profile. Overall, bearish bias is on the chart as confirmed by the...
EURAUD - 24h expiry - We look to Sell at 1.6090 (stop at 1.6140) Current prices have reacted from a low of 1.5978, however, we expect further losses to follow. Previous resistance located at 1.6050. There is no clear indication that the downward move is coming to an end. A higher correction is expected. Risk/Reward would be poor to call a sell from current...
On EURAUD, the price has bounced three times on a downward trendline, effectively validating it, and it is now approaching the 1.5950 area where we have a demand zone. Let me know your expectation. Happy trading to all. Nicola, CEO of Forex48 Trading Academy.
There is a buy opportunity on EURAUD with very good risk to reward and high probability of success above 80%. Entry 1.6001 Stop 1.5986 Target 1.6160 The trade has several confluences: - Divergence - Support on HTF - ATS Reversal sign - Reversing from an important price level - Harmonic Pattern on H1
My dear friends , This is my opinion on the EUR/AUD next move: The asset is approaching an important pivot point 1.60857 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 1.62023 My Stop Loss - 1.60197 About Used Indicators: A super-trend...
💲Pair Name : EUR/AUD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( ↗️ Long ) Type : Mid Term Swing ——————————— 🔰Bullish...
💲Pair Name : EUR/AUD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( ↗️ Long ) Type : Mid Term Swing ——————————— 🔰Bullish...
✅EUR_AUD has been falling recently And the pair seems locally oversold So as the pair is approaching a horizontal support of 1.59 Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Trying EURAUD short here into the RBA meeting. I think the RBA meeting is underpriced for a potential hike. AUD CPI rose last month and is sitting at 6.8% and we also had minimun wage increase news last week as well. Based on their last meeting the RBA seem to be quite focused on lowering inflation. Meanwhile EUR inflation seems to be falling and with EUR data...