AUSTRALIAN DOLLAR / EURO AUDEUR

dont take the risk now wait till we are sure we can get in

cup with the handle

In general I'm kind of sceptical to the AUD right now. The economy is in a dubious situation, employment and mortgages are not uplifting. But let's not worry about this right now! This is a mean-reversion trade setup, with AUD bouncing for the edge of its range. Price action has been forming a wedge for a while now, so breakout might come in the next week or two, ...

This currency pair has historically shown beautiful wave symmetry and I think we are in a 5 wave up and at the start of wave 3. I missed the upward trailing bar, but as luck would have it, had I entered I would have autoclosed. So now I'm waiting for a 1 bar trailing to cover a higher high and have stochastics cross not too close to the overbought 80 zone in ...

Diverging Stoch, low RSI. Sitting on res level. Some sort of wedge might shape up - look for breakout confirmation candle.

Here's how currencies are looking on the weekly TF: Weekly EUR Falling hard GBP Falling somewhat AUD Starting to rise NZD Falling and starting to go sideways USD Rising hard CAD sideways CHF Sideways JPY up Trades: Sell EUR against AUD, USD, JPY, CHF Sell GBP against AUD, USD, JPY, CHF Buy AUD against EUR,GBP Buy NZD against EUR,GBP (risky) Buy USD against EUR, ...

The AUDEUR has been in a predominately bearish trend since early 2017 with no signs of stopping. The pair has been trading constructively in a pitchfork formation mostly between the 0.5 medians. After the trend line that began in 2009, confirmed in both 2015 and 2016, was broken price action accelerated down rapidly confirming the major break continuing the ...

Part of AUD short term swing. see AUDUSD and AUDJPY post for more. 10% profit possible on AUDUSD

Short term though. See my recent AUDUSD and AUDJPY posts for more information. the charts are all aligning with buy signals. Potential 10% profit on 5 times leverage for AUDUSD

AUDEUR 1h. BEARISH BAT

EURO has hit its minimum target for the ending diagonal on the daily chart. Next week can start to watch for potential shorts in EURO in general. Strong pairs like EURAUD, EURCAD and EURNZD would provide indicator for weakness in EURO in general. EURGBP at 8940-9050 should either breakout or breakdown from there. EURUSD is a tough trade honestly and any EURJPY ...

Seems there is one last trick for general Euro strength until it breakdown. Ending diagonal structure still in place.

Please give some feedback

We looking at a long position on the AUDEUR Resistant-support has been broken and we have gotten our retest on this level...take profit on next level structure

head and shoulders & tweezer top Take profit at previous support

Look to the bigger pattern

Look at the Green Box for an Short entry

Look at the green box for an entry!