Dear Traders, As we had explained before that EURAUD is likely to rebound once it come nears to a discounted price zone and price just did the exact same thing. Currently, we need ample volume for momentum to begin upwards, this trade currently in beginning stage and it is likely to continue rebounding as we progress. We need to keep an eye out at the downtrend...
The EUR/AUD pair on the M30 timeframe presents a potential shorting opportunity due to a recent downward breakout from a triangle pattern. Potential Short Trade : Entry: Below the broken support line of the triangle, ideally around 1.6570 after confirmation. Target Levels: 1.6477: This represents the height of the triangle, measured from the apex (highest or...
EURAUD consolidating in daily timeframe, in our view there are two areas where price can head towards. First is where we think price can continue the bullish move towards 1.80. In our second area, where price can drop hard and take out the daily sell side liquidity. At the current market condition our second scenario looks more suitable. Good Luck ;)
The price perfectly fulfills my last idea. It hit the target level. FX:EURAUD rejected the resistance by forming a long-tailed bar. The market is moving sideways near the resistance zone. It does not show signs of bullish strength. It is worth noting that the price broke the previous week high. I think the market will take liquidity above the PWH and then roll...
FX:EURAUD sits on resistance, wait for confirmation to go low ...
Preferred direction: SELL Comment: A potential medium-term sale is brewing for the EURAUD currency pair. At the moment, the key role is played by resistance at 1.66296 . The price, having already felt resistance, stopped its movement at the level of 1.66000 . Two scenarios for selling are proposed, where the more likely scenario is a preliminary approach...
Dear Traders, Today, I'd like to present a potential buying opportunity on the EUR/AUD currency pair, supported by a compelling uptrend and an attractive risk-reward ratio. Technical Analysis: Uptrend Confirmation: Upon analyzing the EUR/AUD chart, we can observe a clear and robust uptrend in place. The price has been forming higher highs and higher lows,...
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
The trend is Downtrend movement, what I see is market may push/pullback inside the area of Liquidity for further downward movement. We might get this 80 to 100pips push upward if the lower Tf shows us structure change i.e H1 or 4Hr..
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
EURAUD is in bullish trend as it is printing HH's and LH's on 1H Timeframe. One can enter in Long position at Inverted Hammer candlestick pattern in the corrective move. significant levels are marked on the chart
The market is moving sideways near the resistance zone. It does not show signs of bullish strength. It is worth noting that the price broke the previous week high. I think the market will take liquidity above the PWH and then roll back. I expect to fall from the resistance zone and retest the middle of the range zone. My goal is to support level 1.64600
We are at an old support of 4 he time frame. and the price is showing a nice rejection. If the price breaks the last 1 hour resistance, we can see an upward move
Price is at a 4h resistance I posted a trade on this pair earlier, resulted in 25 pips price is getting ready to enter our entry again sell zone 1.6588 sl .163 profit 1.653 risk management
EURAUD was trading inside the descending parallel channel . The price is reacting well the support and resistance of channel. Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum...
We have got a rejection from a 4 Hr trend line and we are aiming towards the Liquidity on the bottom. The price might hang around this area for some time... And eventually drop towards the Bottom pit...
Hello,Traders! EUR-AUD is trading in an Uptrend and the pair broke The falling resistance Which is now a support Then made a retest and Is going up again so I think That we will see a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!