Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find 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.
the price is currently in the support area (SR Flip) there is a bearish candle array that is lined up, the pressure to short is still quite strong. the price is likely to continue to fall until the SnD area and correct before continuing its bearish trend.
i am expecting EURAUD down because of formula candle is available on the top of the market with good volume.
The structure has already broken out with a CHoCH, so the possibility that I emphasize in this analysis is a correction that occurs until the SnD above and then the price goes back down deeper.
Price approaching supply zone on daily and a major trend line and Fib level 786. Entry: 1.63457 TP: 1.60057 S/L:1.64442 R 1% RR 1:3.4
✔️ EURAUD is expected to rise ✔️ Recommended to consider buying from the balance and premium level 1.5900 & 1.5940 Trade active: Now try to go up with new buyers... ⚠️ Buy the dips!!!
EUR-AUD was trading in an Uptrend along the rising Support but then a breakout Happened so we are now Bearish biased and We will be expecting the Pair to go down to Retest the target below at 1.48821 !
I see a diamond pattern in the SnD area. then above the diamond pattern there is liquidity, the biggest possibility is that the price will rebound until above the liquidity area.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find 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.
EA has been falling since the opening of Asia session. here we have a break of POC from previous week and coming off of AVWAP from today.
EURAUD analysis using the D1 timeframe shows that a simple correction could occur with prices likely to fall to the trendline. take the opportunity now to short.
Last week's EURAUD movement tended to be sideways, indicating consolidation, entered into a correction. I think this pair is still in a bearish period, take the opportunity to go short in the SnD area and wait for the confirmation candle
This analysis is still in accordance with last week's analysis, only now is the price seeing an upward correction, I marked the correction area with 3 blue box areas, there is a possibility that the price can correct high enough to the top box then continue to fall again. adjust your trading style when the price approaches the area that I have marked
Currency Pair : EURAUD Possible direction : Bullish Technical Analysis :4h timeframe price has formed an inverted head and shoulder has broken out of the inverted head & shoulder. Daily price has just broker recent support and may reverse back to the resistance level. Weekly and Monthly are strong bullish price action lower timeframe market structure is merging...
EURAUD has had a DAILY bullish trend line that we've been respecting for a while now. A FIB Retracement to the 61.8 level further strengthens our bias. An excellent confluence.
Here is my view for EURAUD for April 26th, The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my view for EURAUD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!