BULLISH week last week for the EURAUD but this had less to do with EUR strength and more to do with AUD weakness. Whilst the AUD remains under pressure the EUR could gain ground but any sign of Aussie strength and this pair could reverse rapidly. Technically this pair is BEARISH whilst we remain under 1.4176 and we are looking to SELL this pair down to 1.3624 support.
Hello Folks, Its a good setup so look for it. sell based on your entry strategy. GL.PEACE
Possible Short Opportunity. Head and Shoulder Forming. PS: Trade Your Own Analysis.
Possible Short Opportunity PS: Trade Your Own Analysis.
Hi guys, here we are on the 4H chart on EURAUD, i've been watching it for quite a bit now. As you can see price is now testing a key resistance level that also lines up with the 618 retracement of the previous leg. As soon as price came to that zone, it got immediately rejected by some selling pressure. I'm selling at 1,413s level, with stops just 2-3 pips above...
Hi guys, here we are on the 4H chart on EURAUD, i've been watching it for quite a bit now. As you can see price is now testing a key resistance level that also lines up with the 618 retracement of the previous leg. As soon as price came to that zone, it got immediately rejected by some selling pressure. I'm selling at 1,413s level, with stops just 2-3 pips above...
My basic Daily chart analysis on the EUR.AUD I will be looking to take this pair short into this evening / tomorrow and will update accordingly.
Euraud on Daily chart giving 3 Signs For Selling opportunities. Head & Shoulder Double top 1.4310 Strong Resistance above 1.4250 Advice sell in range of 1.4115-1.4230 sl above 1.4320 TP 1.3880
Euraud trading around 1.3965 level and ignoring above 1.40 where Strong Resistance on daily around 1.4080 Advice to sell in range of 1.3965-1.4030 sl above 1.41 TP 1.37
Check previous posted markp up chart for full analisys and understanding of the trade
The EUR.AUD is one currency pair tomorrow evenings watchlist. 1. Bearish Daily divergence 2. Bearish 4hr divergence 3. Trendline resistance dating back to the 09.02.2016 4. Resistance level at 1.4140 5. 1hr RSI overbought
Possible Short Opportunity PS: Trade Your Own Analysis.
looking for price to push to push upwards for a little longer then start to trend downward at the entry point which is also a tough area if you look to the left
Detailed description inside the chart
Hey Folks, We are still in Daily downtrend so we can plan bearish moves from this structure. I expect one move down and then an up move to trendline. It could brake but by now I'll expect more downside in the Daily structure. Watch for this moves. - Hola Amigos, Estamos en tendencia bajista en Diario todavía así que podemos planear ventas todavía. Expero un...
Euraud Trading around 1.3958 level where Strong Resistance on daily chart around 1.4070 if hold below a drop we can see toward 1.36.5-1.375 level where if hold above 1.4070 on daily closing then a upward move expected toward 1.4250-1.43 Advice to sell in range of 1.3958-1.4030 sl above 1.41 TP 1.37