EUR/AUD appears to be exhibiting a bearish sentiment as it has formed a double top pattern, followed by a correction nearing completion at around 38% retracement. The breakout below the neckline suggests further downward momentum. Additionally, the current price action seems to be following a bearish pennant pattern, signaling potential selling opportunities for...
H4 - Bearish convergence. Currently it looks like a pullback is happening. No opposite signs. H1 - Bearish trend pattern. Currently it looks like a pullback is happening. Until the two strong resistance zones hold my short term view remains bearish here.
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
The EUR/AUD currency pair has recently exhibited a classic head and shoulders pattern, signaling a potential reversal in its trend. With the neckline breached, this suggests a confirmation of the pattern. Traders may anticipate further downside movement as this pattern often indicates a shift in momentum from bullish to bearish. Monitoring price action and key...
Hello traders! ‼️ This is my perspective on EURAUD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I expect bullish price action from here as price almost filled the imbalance and now we could see a rejection from support zone + FIBO 0.618 level. Like, comment and subscribe to be in touch...
The EUR/AUD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the...
EA has been shooting up for a while and has tapped and induced into supply taking out the equal highs and early sellers and now broken structure to the downside both on the 5, 15mins & 30mins. Upon seeing a decent retracement back up I entered sells @1.66900 with stop loss @1.6705 (risking 15pips). TP1: 1.66500 TP2: 1.6605 ...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Hello Traders, Hope you all are doing good!! I expect EURAUD to go Down after completing this wave. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
Very similar trade to GA - price broke support & RT broken S turned R zone with EMA and HTF EMA confirmation.
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Euraud trend is bearish and now facing blue trend line resistance we have best selling opportunity 1.64994 Dont miss this opportunity with next target 1.63912 to 1.61662 note after confirmation signal will be available stay tuned
I don’t think the AUD is as sensitive as the Euro is to shorter-term rates. The rate differential has moved against the AUD in recent days for the same reason as it’s moved against the Euro. The RBA may have sounded marginally more hawkish/less dovish on Tuesday than some expected but not enough to change the picture. AUD does, however, look low on this basis....
Amid the reversal when price passed 1.64768, price has made a new lower low this morning. I'm anticipating a pullback before another sell off towards 1.64300. Price could decline further before pulling back and if thats the case, but whats most important is price stay below 1.65054 for price to remain bearish in this moment. Are you in the same ballpark or...
EUR/AUD appears to be experiencing a bearish momentum as it breaks below the support trendline of an ascending triangle pattern. This breach suggests potential downward pressure on the pair, signaling a shift in market sentiment towards the Australian dollar against the euro. Traders may look for confirmation through increased selling volume and further downside...
Is EURAUD exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 1.6300. What you guys think of it?
Hello traders! ‼️ This is my perspective on EURAUD. Technical analysis: As we can see here price is in a range for couple of weeks, so I expect to see a rejection from support zone + institutional big figure 1.65000. My target is resistance zone. Like, comment and subscribe to be in touch with my content!