EURAUD broke the strong bearish trend line. The EURUAD is currently looking bearish from the strongly resistance 1.52820. So, if the EURAUD get support at the level of 1.50800 ~ 1.50564 , it is expected that the growth will continue.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find a 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.
EUR/AUD ::: The price has broken the orange channel, although it has not stabilized in the higher time frame, and it is likely that it will move towards the support of 1.52 after hitting the stronger resistance that is in the range of 1.537. Currently, the blue line is the best way to follow the price .
Hello traders! ⁉️This is my analysis on EURAUD . Here we are in a bearish market structure, so I am looking only for shorts. I expect price to continue the retracement and to reject from bearish orderblock + institutional big figure 1.52000. Like, comment and subscribe to be in touch with my content!
after the rejection of the price at the level of the supply zone will see a downtrend
EUR/AUD ::: Orange channel : It is broken, but maybe the price will react to its ceiling for a while . Green channel : It will lead the price to its ceiling . The range of 1.50 and 1.52 will be the next move . <<< Good luck >>>
EURAUD is seen breaking a strong downtrend line. EURX continues to fall. All we have to do is wait, of course. 1. Confirm that you have taken a breakout 2. EURAUD need form bullish sign 3. Go to entry pullback 4. Don't forget RISK MANAGEMENT !!!
Last week I said that EurAud could rise and pass above 1.5 and, with strong support under 1.48, dips should be bought. Indeed, the pair reversed from that zone and now is trading just under the upper boundary of the range and exactly in the resistance given by the falling trendline started in March. The recent break under 1.44 support is a false one and, as...
breakd chanell and rises up. SL narrow TP high TP point fibonacci 1.68
Looing at EURAUD on 3H timeframe We looking for a possible SELL/SHORT position We looking for a possible downward at this distribution phase
🔰You can see the analysis of the Euro-Australian dollar currency pair in the 4-hour timeframe (EURAUD_ 4H) 🔍💣 💥The price is currently in the resistance area of the down trend line🖤❗️ If the price can break the Down trend line🖤 and Resistance🧡 and stabilize❗️ above it, it can experience the upward SUPPLY zone🔺🚀 But if the price can break the up trend line🖤 and...
16th September daily key reversal bar made a new high closed towards the low. 19th & 20th September daily inside bars range confined within the key reversal bar range. 21st September daily insurance bar broke low of previous three bars low. 22nd September look like coiled bar. Suppy zone for short 1.4885-4935. stop loss 1.4960. target: 1.4610
Market is moving in impulsive and correction phase We have an ASCENDING pattern in 30 min TF And we have the 3rd touch on the trend line in 4H TF 7% short
From the setup above we can see price is clearly on a downtrend on higher timeframes. We had a little bit of bullish pullback to previous level of supply. This was a 61.8% retracement on the Fibonacci level which aligned with the descending trendline. We have more than 3 confluences to look for sells from current price - Bearish trend still obvious - Price...
EUR-AUD was trading in a local uptrend But then the pair hit a horizontal resistance at 1.48791 And after that, a bearish breakout Of the rising support happened So we are now locally bearish biased And we think that a move down is likely
EURAUD is gaining momentum after a contraction that leads to an expansion. The market could not make a new high at the resistance level and went down. Price action moved out of the ascending channel and it might retest the lows. We expect further bearish move. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
The price make nice break out for short trade with many confirmation on it, as you all can see channel pattern from daily price already touch the upper resistance channel pattern with nice breakout from the flag pattern and resistance area. The price also make nice big red candle confirmation so i assuming it will low as target. Remember your money management !
I'm bullish EurAud for quite some time and with the pair building a strong base in the 1.4750-1.48 zone, this bullish outlook is reinforced. Yesterday's fall was quickly reversed exactly from this zone and as long as this level provides support, the odds are in continuation favor. I expect acceleration to the upside and the 1.53 resistance zone could be the bulls target