EURAUD I believe that we could be seeing a retracement back to the downside before continuing to push higher. I want to see us come down a bit before I consider taking a trade.
EURAUD expected to reverse up to 1st support at 1.76612 where it could potentially react and bounce to its resistance at 1st resistance at 1.87001. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURAUD EURAUD has been going a bit sideways at the moment. I believe we could have a nice short trade around the corner. I would like EURAUD to push up to retest 1.8800, if we can see a clean rejection we could melt down to potentially 1.8500 and possibly lower if the bears take control. This pair is also at the top of our watch list.
EURAUD expected to reverse up to 1st support at 1.75154 where it could potentially react and bounce to its resistance at 1st resistance at 1.88621. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
EURAUD Also looking very interesting. If we can manage to stay below resistance we could possibly look for shorts soon, but it is still too early to tell.
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EURAUD reversed off its resistance at 1.68543 where it could potentially drop further to 1.64935. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
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In this moment, the value can't surpass a supply zone, so we expect a short zone to retest our trendline and to retest the 38% of fibo, we will have an accumulation zone too, so our firt tp could be in 1.68000, thats the minimum i expect that the value will fall after the big rise. I have explained the short entry, we will have after of this a long entry, for...
We need to wait a little but the sell zone is there, we have a evening star that says to us that the value needs to fall before continuing the rise, we also need a retest in the downtrend and a previous accumulation in the KL, this could be also a confirmation to rise up, the EXY is starting to fall so care about this accumulation because it could go down without...
If we look the daily graphic, we can see a perfect retest in 78% of fibo in the same zone than a supply zone so the entry could be interessant and a really sniper entry.
EA short looks good here. We have seen 1 rejection from the purple box area marked showing us it is respecting the 38.2 fib level as well as the descending trend line and 50 EMA. I'm looking to take this short down to the 61.8 fib level if we see further rejection from the purple box region. 350 PIP GAIN 6/1 RR
FX:EURAUD OANDA:EURAUD FOREXCOM:EURAUD
Pontential head and shoulder daily, Wait for that right shoulder and retest of that trendline. THE TREND IS BEARISH.
This pair has come to a level of interest for me, I will only be entering longs if we see rejection from the purple box region, need to see a doji formation or spinning top on the 4hr or a hammer candle formation for us to enter this trade and take it up to 1.69 Take partial profits. 700 PIP GAIN 15/1 RR BIG TRADE !!
EURAUD Watching very closely. Expecting some bullish movement soon. Potential longs. That being said we have to be cautious because we could roll over to the downside.
Euro Australian Dollar (EUR/AUD) Exchange Rate Falls as ECB Leaves Rates on Hold The Euro Australian Dollar (EUR/AUD) exchange rate slumped following the European Central Bank (ECB) meeting. The pairing is currently trading at around AU$1.6130. The ECB left interest rates on hold during its January meeting. It is also expected to leave monetary policy on hold in...