EURAUD ( D) has formed a daily hanging man on an important level of resistance. There is a high probability that the price will have another drop as after the monthly close, it has formed a monthly very strong bearish engulfing pattern means a long-term down trend resumed. If you enjoy this content, press like button :)
EURAUD broke and closed below the psychological number of 1.4600. If the price returns to resistance, we may look for a trend selling opportunity within the main bearish trend. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EURAUD ( daily) in a downtrend for an extended period of time. Currently, EURAUD has formed double Doji in this falling market which signs a further drop as the monthly downtrend has resumed. If you find value in this analysis, like and share.
EURAUD - Long/Buy at Support some news weak for AUD could come at our favour and help to push price up which is already at a support zone
EURAUD is in a long-term downtrend currently, the price has created a bearish price action and looks like preparing for a further drop.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
EURAUD is creating a range at the support level of 1.4800. We expect a breakout and further up movement. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
#euraud, weekly higher and higher low formation since last three weeks. 1.5180 Demand zone for long trade. if fails the mentioned demand zone then next level for long is 1.5070, target 1.5500-5510.
#euraud, 24th & 28th June inside bars , further insurance bar on 29th daily bar. Price dictating for downward thrust for target 1.4930. 1.5180 & 1.5230 supply zone for short if price retrace upside then may take further risk from both levels.
#euraud, 1.5110 first demand zone for long, if price comes down then 1.5050-40 demand zone should hold it for uptrend continuation. Divide risk equally into two trades , half by first zone, remaining half by second zone.
EURAUD made lower lows. It is in a bearish trend. Currently, it has pulled back to the previous resistance zone. This is a simple breakout - pullback - continuation trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
The chart obviously shows a failure at support area (1.48700). No strong support found upon the downward trend. We expect more falls to reach the next strong support at 1.4507 Evidently, we are waiting for the pullback completion and sell at 1.486
EURAUD is consolidating on higher timeframes. However, price action made new highs on the 1H timeframe. We expect prices to go higher to retest the resistance levels. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
This is a follow-up detail on the publication shared during last week's trading session (see link below for reference purposes), where the price moved over 200pips in our favour. Now, with the present structure on the chart, I am beginning to see a set-up that might allow us to add more selling positions as long as we do not see a breakout of the bearish trendline...
This is a EUR/AUD Long setup. I only provide entries I hide my analysis. If you like the setup please consider following.
Hey tradomaniacs, EUR/AUDs previous breakout retraced back into a strong support-zone and found demand. We should see another bounce soon to the upside due to the risk-off-potential in equities. What do you think=
Going into the new week; we might be expecting the confirmation of a reversal structure to tend towards a bullish momentum but the multiple rejections of 1.49 during the course of last week's trading session could be giving us a clue into the strength of the sellers at this juncture in the market without ignoring the potential of the Aussie against the Euro since...