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Euruad

EURAUD To see a lower correction.EURAUD - Intraday - We look to Buy at 1.5000 (stop at 1.4925) Previous support located at 1.5050. Previous resistance located at 1.5100. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 1.5100 will confirm the bullish momentum. Our profit targets will be 1.5150 and 1.5200 Resistance: 1.5100 / 1.5150 / 1.5200 Support: 1.5050 / 1.5000 / 1.4950 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
Looking to sell the EURAUD resistance.EURAUD - Intraday - We look to Sell at 1.4925 (stop at 1.5000) Previous support located at 1.4850. Previous resistance located at 1.4900. Prices expected to stall near trend line resistance. Risk/Reward would be poor to call a sell from current levels. A move through 1.4850 will confirm the bearish momentum. Our profit targets will be 1.4775 and 1.4750 Resistance: 1.4900 / 1.4925 / 1.4950 Support: 1.4850 / 1.4800 / 1.4775 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
EUR/AUD:Price reject the 1.4800 area - 61.8% Fibo | SHORTThe 1.4800 Area of resistance seems for the EUR/AUD a wall to not go over. The price after a pullback to the 61.8% Fibo and the already cited area, the price reject violently and drop down with a decisive bearish candle also accomplice the presence of 50 Sma working also like dynamic resistance. The forecast of Ichimoku is bearish and the pattern created is an ABCD one. The stochastic is close to the overbought but the clues on our side will see it never reach this level of 80% and drop the price down directly.
Short
by FOREXN1
Euraud Recovery phaseHere we analyse Euraud. 1st window is showing D1 TF. simply we can see a bull run untill 1.5326 H4 TF is displayed in 2nd window. There we can see a breakout of Previous Trendline. And now testing previous support and the main point of 2 combined trendlines. So we are expecting a bull run from 1.49000 In the 3rd window we are watching that market is ranging since 17/05/2022. We can expect a short term selling after testing of 1.51200. We can also short from 1.51200 for a short term target. Entry setup is defined in last window. Here in the last window we can see how we wil put our trade and where our SL should be.... Risk Disclosure TRADING IS NOT SUITABLE FOR EVERYONE. IF YOU DON’T KNOW WTF YOU’RE DOING, TRADING FOREX CAN CAUSE YOU TO COMPLETELY LOSE ALL OF YOUR MONEY. FOREIGN CURRENCY TRADING IS HIGHLY SPECULATIVE AND RISKY. IT IS ONLY SUITABLE FOR THOSE PEOPLE WHO UNDERSTAND, AND ARE WILLING TO TAKE ON, THE FINANCIAL AND OTHER RISKS INVOLVED, AND WHO HAVE THE RESOURCES TO WITHSTAND LOSSES THAT MAY BE SIGNIFICANTLY GREATER THAT ANY DEPOSITS YOU HAVE MADE. Financial instruments that are traded on leverage carry a high level of risk and you could lose more than your deposits. We will not be liable of any losses. Take trade if you can bear the losses.
Long
by Theranasaramd
EURAUD on a bull flag 🦐EURAUD on the 4h chart is moving in a descending retracement channel. The price after the attempt to break above the weekly resistance tested the 0.5 Fib level and moved to the upper trendline of the channel. How can we approach this scenario? We will wait for the market to break the channel and move over the weekly resistance, in that case, will start to check for a possible retest of the structure and set a nice long order according to the Plancton academy rules. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
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