Hello trader, While we expect a correction and short-term traders could earn money using the potential upward move we believe trend is still bearish. There is one entry and 1 TPs for this pair. But you can hold some positions more. Levels calculated order_block, regarding support and resistances, channel and pivot points.
This is a fakeout as indicated by the bearish harami candlestick pattern on the 1.68211 horizontal resistance level; there's even a confirmation of the downward trend 📉 by the next candle 🕯️. A market entry around the 1.67435 price level, a sufficient stop loss (stops shouldn't be too tight so that you don't get stopped out of the trade only for the market to...
Trade Idea: Selling EURAUD Reasoning: Major resistance on the daily. Entry Level: 1.63764 Take Profit Level: 1.6226 Stop Loss: 1.6447 Risk/Reward: 2.28/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis...
Trade Idea: Buying EURAUD Reasoning: Major support on the daily, ending wedge on the 60min Entry Level: 1.5324 Take Profit Level: 1.5520 Stop Loss : 1.5260 Risk/Reward: 3.02:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading....
EURAUD Price At Important Daily Support @ around 1.5300 If we hold this level on Daily Chart then expect a move towards the upside for the next few days
EURAUD - Intraday - We look to Sell at 1.4400 (stop at 1.4465) Previous support located at 1.4300. Previous resistance located at 1.4350. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.4400, resulting in improved risk/reward. A move through 1.4300 will confirm the bearish momentum. Our profit targets will...
EURAUD - Intraday - We look to Buy at 1.4575 (stop at 1.4475) Previous support located at 1.4600. Previous resistance located at 1.4700. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 1.4700 will confirm the bullish momentum. Our profit targets will be 1.4775 and 1.4800 Resistance: ...
EURAUD - Intraday - We look to Sell at 1.4625 (stop at 1.4725) Previous support located at 1.4500. Previous resistance located at 1.4550. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.4625, resulting in improved risk/reward. A move through 1.4500 will confirm the bearish momentum. Our profit targets will...
EURAUD - Intraday - We look to Sell at 1.4700 (stop at 1.4800) Previous support located at 1.4550. Previous resistance located at 1.4600. There is no clear indication that the downward move is coming to an end. A higher correction is expected. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 1.4450 and 1.4400 ...
EURAUD - Intraday - We look to Buy at 1.5100 (stop at 1.4980) Previous support located at 1.5150. Previous resistance located at 1.5250. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 1.5250 will confirm the bullish momentum. Our profit targets will be 1.5375 and 1.5400 Resistance: 1.5250 /...
we can see the Bullish Divergence with MACD which is the sign of bearish trend reversal and start of new Bullish wave or some retracement of the bearish wave there are total of 3 Targets defined the 3 TP gets it confirmation if the 2 TP gets triggered and followed by some price retracement and the Support area shall be compromised
EURAUD, Nice looking set up, we have a contraction on the 4h chart and this sideways exchanging of contracts, we can look to use this floor underneat as a stop loss, and aim to retest under previous high or weakness, good Risk reward is key guys, just keep trading them :)
Trade with care. Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. We do not recommend making hurried trading decisions. You should always understand the risk that trading implies and that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.
Euroaussie looking rather bullish on H4 timeframe after leaving behind some fresh demand which is now being tested, nice R2R for entry
euraud ready to rally up from here according to its bullish weekly structure and risk on status. I see this pair rallying up 1000s of pips as the next drop happens in indices!
here breaking the horizontal Resistance with good volume Buy the retest green zone.