This analysis based on basic dominan break setup
According to my setup ,i am expecting EURAUD price to raise higher and targets mentioned in the chart.
For entry use 30M/1H Timeframe ,do not blindly rely on analysis to take entry because targets may become invalid if it breaks the rules.
Note :This is my personal opinion ,do not take it as a financial advise
EURAUD is testing a resistance which has been tested multiple times before.
Price shows doji candles indicating slowing momentum.
We are anticipating some relieve before continuing upwards.
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Hey tradomaniacs,
in confluence with my expectations for a falling stockmarket I expect EUR/AUD to break out of the current correction very soon, especially after the recent stop-hunt to the downside which is often a final move before the price turrns around.
There is a chance to see a re-test of that hunt-zone, but overall I expect price to move up very soon!...
📌EA price on zone, EUR showing self one of the weakest, in alst periods we are have AUD & NZD one of weakest, currently from today expecting to see power on AUD & NZD in nexxt periods.
💡 EURAUD technically based idea, we can see price is on SUPP zone-bouncing, technically indicators showing we can expect higher bearish continuation, based on technically...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
Despite a long-term downtrend scenario on the higher timeframe, I am of the opinion that we might be on a verge of a bullish surge in the near future. In this video, I explained how a rising reversal pattern is identified on the 4H time frame where the breakout of structure yesterday might be a signal for an upside move.
Risk Disclaimer:
Margin trading in the...
When it comes to the technical analysis of EURAUD , you might get an impulse to the upside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a buy opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area. And also don't forget to...
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
Here is my trade plan for EURAUD, good luck everyone . I have placed information on the chart for you. You will need to find a good entry for less drawdown!
📌EA sideway market in alst period, AUDU and NZD expectations are to see still weaker in next periods, technically based break exepcted and higher bullish continuation.
💡 EURAUD technically based idea, we can see price is on SUPP zone-bouncing, CHANNEL pattern visible, technically indicators showing we can expect higher bullish continuation, based on...
EUR has been trying to reverse the strong bearish trend that its been formed for months, this week it finally broke the channel down pattern and looking for a bullish momentum .
Expecting bearish price action on EURAUD as we are in bearish market strucutre from a HTF premise, i would like to wait for the buy side liquidity manipulation and rejection from the bearish orderblock area on the H4.
The retail herd is LONG on this pair 70% meaning we have to look for short entry that would be a higher probability if we implement contrarian...
📉 Expecting bearish price action on the EURAUD as price takes out buy side liquidity above the equal highs + rejecting a bearish orderblock area on the H1 timeframe. Also price rejectes exactly the institutional figure 1.46500 closing bearish below with a huge bearish momentum candlestick meaning sellers stepped in.
What do you think ? Comment below..
