Hi traders! According to my analysis, the EUR/AUD currency pair is expected to decline, presenting a potential short opportunity. The basis for this expectation is the recent crossing of the price below the 200-period Weighted Moving Average (WMA), indicating a bearish signal. Additionally, there is a strong support level that further strengthens the case for a...
EURAUD is in a ascending channel and is in an uptrend. However, the price is near the structure resistance, which is a psychological level at 1.6500. The market made a divergence, meaning the market made a shallow new high. Price is likely to go down from the strong resistance level . ------------------- Share your opinion in the comments and support the...
PD buyers = 213 PD sellers = 193 L50 = BUY ZONE Tag of Main POC = Yes Tag of Secondary POC = YES Consecutive day = 2 LONG DAYS
Last week's EURAUD movement tended to be sideways, indicating consolidation, entered into a correction. I think this pair is still in a bearish period, take the opportunity to go short in the SnD area and wait for the confirmation candle
After reaching 1.67 high EurAud started to drop and test the important support level at 1.61 A nice bullish structure followed this rop and test of support and now the pair seems ready to resume the up trend. Buy dips under 1.63 could be a good idea and such a trade would also have a nice R:R
Euraud nicely hitt our sell target and give us 600+ pips ( tagged ). Now I expect some more bullish retracment before further drop. And we have an area for selling is bearish trend line marked on chart and there is a horizontal zone also. So wait for the area for selling opportunity. Always trade safe and must use stop loss. If you like this idea kindly...
This analysis is still in accordance with last week's analysis, only now is the price seeing an upward correction, I marked the correction area with 3 blue box areas, there is a possibility that the price can correct high enough to the top box then continue to fall again. adjust your trading style when the price approaches the area that I have marked
Hello traders, we want to check the EURAUD chart in the 1-hour time frame. The price has broken the ascending channel to the bottom and is pulling back to the key level between 1.63600 and 1.63900. We expect this level to act as a resistance level for us. Play and maintain the downward trend of the price and fall to the specified targets. Good luck. EURAUD sell...
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.
Currency Pair : EURAUD Possible direction : Bullish Technical Analysis :4h timeframe price has formed an inverted head and shoulder has broken out of the inverted head & shoulder. Daily price has just broker recent support and may reverse back to the resistance level. Weekly and Monthly are strong bullish price action lower timeframe market structure is merging...
EURAUD breakout trade on either side, if broke resistance or support. Place TP and SL with buy stop and sell stop orders.
EURAUD rebounded from the major resistance level, and it's approaching the psychological level at 1.62000. Price pulled back to the support, broke, and closed below the ascending channel. The market is bullish on the daily timeframe, so it makes sense to take advantage of long trading opportunities. We expect bullish from the kill...
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.
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of Harmonic Bullish reversal Pattern AND DOUBLE BOTTOM coupled with bullish divergence at potential reversal zone (PZR) Entry, SL & TP Levels are defined.
Hello traders! ‼️ This is my perspective on EURAUD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to go a little bit lower to fill the imbalance and then to reject from bullish order block + institutional big figure 1.47000. Like, comment and subscribe...
Hello traders! ‼️ This is my perspective on EURAUD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to go a little bit lower to fill the imbalance and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
EURAUD Potential Breakout Setup trade by using buy and sell stop. Manage your risk accordingly.
If price is expected to reach down on the 61.8 level on the Daily, then we could see a short move to the downside.