Dear Traders, Hope Everyone having a great weekend, we have an important update on #EURAUD. Price distributed at first for a week or two though it drop as GOLD AND AUD is positively correlated. As GOLD prices hiked this week due to NFP AND OTHER ECONOMIC data forecasting inflation and fear of recession. This helped majorly AUD pairs; EURAUD has just begun it's...
EURAUD is consolidating following a bearish move. The market is creating an AB=CD pattern where the D point completes right at the confluence level. The market gives us a confluence zone where we have a psychological level of 1.66000 and a fibo cluster. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Not on my favorite list but this looks like one of my kind of trades ;-) Anyways, a break above the 1.66521 upper zone and its retest will mean a long position A break below the 1.64735 lower zone and its retest will mean a short position Until then, we keep the fingers crossed Disclaimer: All trade ideas are given for educational purposes and should not be...
EURAUD broke out of the descending channel. The market is pulling back to the resistance level after testing the support level . Price action is printing HLs and LLs and is likely to go down from the resistance level, trendline (dynamic resistance), and fibo cluster. ------------------- Share your opinion in the comments and support the idea with like. Thanks...
Hello Traders, EURAUD has traded into a weekly demand order block after sweeping sell-side liquidity (equal lows) however, due to the massive dump in price, the bullish rally will not happen immediately. This dump created a FVG on the daily timeframe which price could trade into next week and continue to ease the bearish move before the bullish rally...
Hello traders, we want to check the EURAUD chart. The price is moving in a descending channel and has pulled back to the specified key level. We expect this level to act as a resistance level and the price will fall to around 1.67000. Good luck.
I use analysis on the H4 time frame with the help of the RSI indicator to see if there is a reversal in the near future. if you look at the RSI compared to the candles, you can see the possibility of a hidden divergence. in cases like this, the possibility is that the price will return to bullishness in the near future. there is a possibility that the price will...
Here is my analysis for EURAUD on H1 using Order Block. The price could go bulliah, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
EURAUD is in an ascending channel. However, the price is near the structure resistance on the D chart. Price is decelerating at the resistance level at 1.675000. Price is likely to go down from the resistance level and the fibo extension level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
EUR-AUD broke out of The range and the breakout Is confirmed so now we are Locally bullish biased And we will be expecting A move up towards the Target of 1.68516!
EURAUD, I am expecting a down move to meet unmitted POI, but it is a little risky.
EURAUD broke out of the descending channel and is testing the resistance level. The market created the bearish harmonic pattern. The market overall is consolidating. Price is likely to go down from the resistance level and retest the channel border (support). We expect a bearish move since the market is consolidating. ------------------- Share your...
Hello traders, we want to check the EURAUD chart. After breaking the specified key level, the price has pulled back to it again. We expect this level to maintain the downward trend of the price and play the role of a resistance level. If the price falls, we expect it to fall around the price of 1.62200. Good luck.
2 scenarios bullish green arrow bearish red arrow which one do you think
Pair : EURAUD ( Euro / Australian Dollar ) Description : Break of Structure SMC - CHoCH Consolidation " ABC " Corrective Wave RSI - Divergence Impulse Correction
I am expecting EURAUD down from this daily POI and also has rejection as it has made double top and having trendline rejection also
EUR-AUD will soon hit A horizontal resistance level Of 1.65230 and I think that The pair is overbought So a bearish correction From the resistance is likely!
EURAUD is moving sideways in the ascending channel. The market has tested the resistance twice, and there's a high chance that a third time it'll break it. Price made higher highs and higher closes, indicating a bullish trend. We expect a breakout of the resistance, a pullback, and its continuation. ------------------- Share your opinion in the comments and...