This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
EURAUD finds itself at resistance (88.6% Fibonacci retracement) inside of a weekly sell zone with the 4HR Stochastics overbought and RSI diverging. We are expecting RBA Monetary Policy Meeting minutes at 02:30GMT which could be the catalyst that moves EURAUD. A hawkish tone from the RBA could send EURAUD lower, and a poor German GDP print at 07:00GMT would...
Hey guys, Waiting for a pullback and confirmations to buy! Will be posting updates! - Hey chicos, Esperando al pullback y confirmaciones para comprar! Iré publicando actualizaciones! Carlos
Eur/Aud - Weekly chart - I see a break of trend structure on weekly chart so I am expecting bullish moves from this pair now. Looks like we may have created a higher low on weekly chart. great risk to reward.
EUR/AUD seems to have broken it's bullish trend and now is deciding whether it can breakout it's support and fall further down. We can also see there is Moving Average Convergence Divergence with the MACD with higher highs with the candlesticks and lower lows with the MACD. I suggest to wait for the breakout, but this could very well be a good setup. Always...
For the previous days, the EURAUD pair has been continuously consolidating few pips above the support-now-resistance area. Due to the unwillingness of the bulls to fight on, it was hugely followed by a series of bear attacks. This of course, after another formation of inside bar, has made me point out to enter a short position for a quick trade.
We have a buy signal generated on EURAUD supported by our technical analysis. Incase of a pullback, we expect a retest of the daily support and a rally to top.
There is a good opportunity to catch 200 pips when EUR/AUD finally breaks it's resistence. Be on the lookout, when you do confirm the move with your own analysis, get in it professionally with the right risk management. This is simply an idea, always make your own analysis before investing. Happy trading!
Looking for some downside here in the EURAUD since it has made its way to the channel upper trend line. The time to consider short trades is at this point with a target of the channel lower trend line.
If this demand level still have buyers, no supply on a way to 1.425
FX:EURAUD
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Hello everyone, we can see a kind of breakout of 1.45 level, is it false or pullback for a continuation? I can't tell. I need more signal to decide about which direction to take. For now it seems coming back into the channel. if so, I will go short and target the support level for TP, SL somewhere near 1.46 Notice, this level have been holding price for a very...
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron