The EURAUD pair has been trading within a long-term Bearish Megaphone pattern but since the April 05 bottom, it has established a Channel Up on the medium-term. A similar Channel Up pattern was what took the Megaphone to its previous Lower High. In the process, the 1D MA50 (blue trend-line) has been turned into a Support and the next technical Resistance is the...
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...
EUR-AUD broke a key horizontal level and went up And the broken level turned into a support Which will soon be retested by the pair So I think that the price will go up After the retest of the support AT 1.49249 to the target above
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...
The EURAUD pair has been rejected on the 1D MA50 (blue trend-line). In fact Monday was the first time the price hit this trend-line since February 18. The trend is heavily bearish long-term as the pattern has been a Bearish Megaphone since June 2020. We are expecting a new Lower Low near the 2.0 Fibonacci extension (1.4051) and then a medium-term rebound towards...
Despite a long-term downtrend scenario on the higher timeframe, I am of the opinion that we might be on a verge of a bullish surge in the near future. In this video, I explained how a rising reversal pattern is identified on the 4H time frame where the breakout of structure yesterday might be a signal for an upside move. Risk Disclaimer: Margin trading in the...
When it comes to the technical analysis of EURAUD , you might get an impulse to the upside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a buy opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area. And also don't forget to...
EUR-AUD was trading in a narrowing wedge But now we are seeing a bullish breakout Which makes me expect a move up Towards the target above AT 1.51600
EUR-AUD was trading in a downtrend But then the pair broke the falling resistance and After retesting the horizontal support level AT 1.4610 Which makes me locally bullish And I think that we will see a move up To retest tresistance zones above at 1.944
EURAUD has been technically trading within a Triangle since October 2021 as both a Higher Lows trend-line has been supporting and the 1.62320 Resistance rejecting the price. At the moment the pair has found Support on the 1D MA200 (orange trend-line), which is a buy accumulation level of its own, with the 1D MA50 right below it. As long as this zone up to the...
Will the market risk appetite continue to take its toll on the ‘Aussie’ as a reversal setup evolves? The Euro continued to exhibit strength since November 2021 and a Breakout of Key level structure during last week trading session could be an avenue to look for buying opportunities in the coming week(s). Now, what are my expectations? Tendency: Uptrend...
#EURAUD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! ThankYou.!
Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze EUR/AUD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities. My...
find the lower timeframe for confirmation buy. possible 300 PIPS for SWING / LONG TERM TRADE RISK REWARD RATIO 1:4 Leave a comment below and don't forget give me thumbs up
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
Here is my idea for this pair.. lets take some opportunity for intraday
EURAUD daily time frame, we can see a recent resistance and an Ascending channel breakout on the upside, and also the price is standing upside from the MA 200 as well. Currently, the price is testing its previous recent low price and creating demand for further up. We are going to open a long position from the current price.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. PLZ! LIKE COMMAND AND SUBSCRIBE