I think if the price close above the 1.6246, we can enter a buy position in pullback
The price of the currency pair is expected to start a downtrend after reaching the resistance level of 1.64210 Consider your risk management before entering a trade. Pay attention to economic news and events that may affect the EUR and AUD exchange rates
EURAUD seems to have been forming on the daily a perfect second leg for W formation to reverse and go bearish from here. A perfect bearish doji is being formed and we can clearly see that the next stop is bottom support. Please use proper risk management upon entering the trade! EURAUD Sell/Short ENTRY: 1.66453 TAKE PROFITS: TP 1: 1.66186 TP 2: 1.61633 SL: 1.66978
EURAUD - LONG Can push up from here or a bit below the level, target can be archive this week, trade with care and use SL. V.Ragu
Hello traders, I have determined the formation target on the FX:EURAUD chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck
At these type of ideas i will try to show you were the charts have big possibilities to bounce back , depends on ICT point of view. Have in mind that those special zones are NOT trade signals , but areas where you have to applicate your specific strategy.
As a beginner in forex trading, there are three main basic factors you should focus on learning: 1). Understanding the Forex Market: *). Currency Pairs: Learn about major, minor, and exotic currency pairs. Understand how currencies are quoted and the significance of the base and quote currencies. *). Market Hours: Familiarize yourself with the forex market...
Hello everyone EURAUD on my radar * B wave of the Regular/Expanding flat in the making * MACD divergence * BOS, look for a correction upwards to confirm entry * Order Block at price level 1.62593 - 1.62442 Entry: 1.63384 (GAP) Stoploss: 1.63564 Take Profit: 1.62593
i don't think so , the price will go down or up haha what do you think guys? this is so disappointed. Timeframe H4 ; clear downtrend but, some tiggreeeddd when the price break the resist!! what do you think guys please share disclaimer this is not a signal thanksyou
I am shorting Eur/Aud since last friday. Still in a down trend and the Euro will probably have an interest rate cut sooner than AUD.
The price perfectly fulfilled my last idea. FX:EURAUD fell from resistance and hit the target. The market broke through the support level, making a new extension downward. The price updated its lower lows and closed below support level 1.64000. The market is rolling back to the resistance zone. The price is pulling back to a level that was tested multiple times...
This pair will continue its bearish trend , below 50ema after a pullback, the direction of the market still bearish...Banked 211 pips past week and now we will an extension. Happy trading guys, risk management....
The EURAUD is transitioning from a downtrend to an uptrend on the IH time frame while displaying a Bearish AB=CD Pattern. This presents an opportunity to set a Buy stop order at point B, anticipating a move to point D (Potential Reversal Zone). At that juncture, we can consider initiating a Sell-stop order for a second trade.
hello guys .this is what it see on euraud. looking for long position between 1.62570 - 1.62180. target 6.4100. this is just an idea of what i see. trade at your on risk.
Possible trade idea for EURAUD looking like it's trying to play out. Happy Trading! :)
Price looks to be moving within a daily downtrend as shown by the subsequent lower highs and lower lows on the chart. Daily support sits at 1.6150 which was last tested and rejected several times over December 2023 and January 2024. If price continues on its trajectory, we could see support tested before the end of this new trading week.