Hello TradingView Family / Fellow Traders, On Daily: Left Chart EURAUD has been hovering within a big range between our blue support and red resistance. Currently, EURAUD is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes. On 1H: Right Chart 📈 For the bulls to take over, we need a momentum candle close...
EURAUD was trading under declining trendline. The price was reacting well the support and resistance of trendline . Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could...
Preferred direction: BUY Comment: After negative data on retail sales in Australia , the AUD is losing ground, and here we can count on a short-term weakening of this currency. This trend is also confirmed by technical factors. For the EURAUD currency pair, a test of the area is expected at the level of 1.64767 , where the limit seller area is located....
We found that EURAUD has bullish continuation price.
The price has rebounded from a higher order pool and is currently trending downward towards our designated profit target within the consolidation range.
EURAUD chart in 1H time frame is printing uptrend with bullish flag continuation pattern and there is no any divergence observed. Hence i build my trade long entry with Buy Stop Order on breakout of Flag's Pole with stoploss below at last Higher Low level.
Script on short time frame showing a very good cup & Handle formation and therefore we are taking a position as per stated Buy Stop, TP & most importantly with strict stop loss. #DYOR_Do Your own Research
It is a super clear continuation flag! Now we just need to wait for the manipulation to enter in a good position.... Whenever you see clarity in the market take advantage to make a profit.... It is better to trade by ranges or by zones than by hope in speculation!!! Keep it Simple! If you liked it, don't forget to follow me! :)
EURAUD chart in 1H time frame is printing uptrend with bullish flag continuation pattern and there is no any divergence observed. Hence i build my long entry on breakout of Flag's Pole with stoploss below at last Higher Low level.
My dear friends, Please, find my technical outlook for EURAUD below: The price is coiling around a solid key level - 1.6354 Bias -Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6451 About Used Indicators: The pivot point itself is...
we clearly have a break of trend comforming the movement to the upside, we need to see a retest on the previous support completing the haead and shoulders before taking a long opportunity.
EURAUD is forming bullish flag pattern in 30 mintue time frame
The EURAUD appears to form a Cup and Handle pattern, suggesting a bullish trend ahead. Traders may anticipate a breakout above the current resistance level as confirmation of this potential upward movement.
The price perfectly fulfills my last idea. The market fell from the resistance zone and hit the target level. FX:EURAUD fell from the range zone and pulled back to it. The price updated its lower lows and closed below the key level at 1.65000. The market rejected this resistance zone multiple times before, as you can see. I expect it to fall from the resistance...
The EUR/AUD pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a well-defined bullish channel pattern. This breakout suggests a shift in momentum towards the upside and a higher likelihood of further gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying) above the broken...
Hello Everyone, The EUR/AUD appears to be ascending, and should it successfully surpass the monthly pivot point (1M PP) and solidify its position above it, growth momentum is likely to initiate from this point. Conversely, if the 1M PP serves as resistance, further testing of support levels can be anticipated. TradeWithTheTrend3344
This chart shows EURAUD making cup and handle chart pattern indicating bullish trend.
After sweeping liquidity we expect the market to go downward and make a new low