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
Technical view EUR/AUD today touched big trendline witch represent uptrend that started in February 2017. In marked red area I will look up for buy opportunity. My SL will be placed at 1.6060, green lines represent TP points and more important they area of ressistance. Fundamental view This week on Thursday we are expecting ECB Meeting and Mario Draghi...
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
Selling continued last week Price now approaching the confluence of Daily 200 SMA, Weekly 50 EMA, Weekly Trendline and Monthly S1 Pivot Look for a potential bounce from this level and a move back up before the main seasonal drop in the first week of October
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...
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.
I don't really trade this pair but this is what I found. lets see.
Expecting more down momentum from this pair. Continue to follow it.
A definite upward trend. After the euraud peaked at 1.66 the currency responded with a normal correction and the euraud stopped just in support in 16343. If you want to get into a strong trend the ideal price comes after significant 300-pips repairs as in the above case. Target: 1.6680
FREE ANALYSIS ON EURAUD Welcome to SiriusTrading (managed by Segunby), Check out my Free #analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :) - 1 HOUR EURAUD could make one more bullish run to around 1.66500. from then we should see more move to the downside.
In principle, this signal could be sent first at 1.65, even now it remains a good time. The euraud broke serious resistance in 1.6343 as can be seen in the graph above. The euraud in a very positive trend The candles located above the cloud and all other signs of the Ichimoku indicate continued ascents. Target: 1.6850.
EURAUD Weekly Trade setup looks like Rising wedge Pattern In Weekly, You can see Bullish engulfing Candle The bullish engulfing pattern is a two-candle reversal pattern. The second candle completely 'engulfs' the real body of the first one, without regard to the length of the tail shadows. The Bullish Engulfing pattern appears in a downtrend or At the support...
From a weekly view, EURAUD is bullish and the bearish momentum we witnessed may be seen as a retracement of the weekly time frame. Price is currently at a reversal level where we can potentially see price retrace to 1.61470 and from this point we may potentially see price move bullish to complete the move at 1.66422.
EURAUD reversed off its resistance at 1.63424 where it could potentially drop further to 1.62277. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.