EURAUD expected to rise up to 1st resistance at 1.61335 where it could potentially react off and drop down to 1st support at 1.60103. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Daily: Uptrend in wild swing Price sitting on support. Positive reaction so far.I don't want to enter right now. Too large SL. See how the price pans out around boxed blue area and adjust entry/SL
As you can see in the graph above the euraud has reached a very strong support line. In the last 3 times that euraud has touched the above support line the price has exploded upwards by 800 pips on average. Target: 1.6250
FREE ANALYSIS ON EURAUD Welcome to SiriusTrading, Check out my Free #analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE :) - 4HR Price about to test low Nice bullish divergence found
EURAUD POSSIBLE DAILY PULLBACK? NO CONFIRMATION TO GO LONG YET BUT THIS LOOKS POSSIBLE
if price breaks and retests the 1.62470 LEVEL
We recently saw price rally bullish and rejected off resistance. Price is currently showing potential to break bearish. I have marked Entry, stop loss and take profit. Manage your risk DO NOT risk more than 2% of your equity. Hit that follow button if you don't already :)
Here are the key factors to keep in mind today for Euro trades: Spanish Services PMI: The Spanish Markit Services PMI for August is predicted at 53.0. Forex traders can compare this to the Spanish Markit Services PMI for July which was reported at 52.9. Italian Services PMI and Composite PMI: The Italian Markit Services PMI for August is predicted at 51.6. Forex...
Hello Traders, welcome to the Daily Forex technical analysis. Today is September 3rd, 2019 and we will be taking a look at the Euro against the Australian Dollar. Looking at the 1 hour time we are now looking for price action to continue with its current bearish sentiment and reach a lower area of support near the 1.615 area. Entry for a Short position near the...
EURAUD expected to rise up to 1st resistance at 1.63787 where it could potentially react off and drop down to 1st support at 1.63044. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURAUD Weekly Short opportunity Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan.
Formation of the Ascending Triangle Pattern. Buy @ Current price TP -1.64900 SL -1.63600
We need a closure above this level, possible retest and a clear rejection to have a very nice long trade to cap off the week.
We can see the pair follows trendline and comes to a nice resistance! Waiting for some rejections signs to enter the trade!