Get started

Euro / Australian Dollar

No trades
See on Supercharts
OverviewNewsIdeasMindsTechnicalsSeasonalsEconomic Calendar

Trade ideas

EUR/AUD: Momentum turning as bears circle 1.7920Having broken uptrend support and with momentum indicators swinging quickly towards bearish territory, the ducks look to be lining up for downside in EUR/AUD. That’s even before you consider strengthening fundamental headwinds posed by potential U.S. sanctions on select E.U. nations and increasing reflationary signals from the Chinese economy, which would normally assist AUD strength. Right now, the pair finds itself perched above 1.7920, a level that’s provided both support and resistance in recent weeks. Should we see continued selling following the break of the July 31 uptrend on Monday, it would create a setup where shorts could be established beneath 1.7920 with a stop above for protection. The 50DMA provides an early hurdle for the trade, given the price bounced from there on the last three occasions. If that were to occur again, traders could consider nixing the trade. However, if the price can clear and hold beneath the 50DMA, it would open the door for a run towards minor support at 1.7800 or the July 31 swing low of 1.7675. Momentum indicators have shifted to neutral and look like they may turn outright bearish shortly. RSI (14) has broken its uptrend and now sits bang on 50. MACD is also about to stage a bearish crossover, although it remains marginally in positive territory. Combined, the overall bias is now neutral to slightly bearish, favouring selling rallies. If EUR/AUD cannot break and hold beneath 1.7920, the setup would be invalidated. Good luck! DS
Short
by FOREX.com
EURUAD is in the Buy directionHello Traders In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET today EUR/AUD analysis 👆 🟢This Chart includes_ (EUR/AUD market update) 🟢What is The Next Opportunity on EUR/AUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Long
by ForexMasters2000
EURAUD Bullish Continuation Methodas you can see form my posts i have shared that lst Bullish Setip few days ago now what we are waiting is a contiuation to bullish side, when we look at 4W chart we can see that th prvious 4W candle was a bullish one and we are looking the next 4W candle to bullish and potetioally to raid the high of previous 4H high, so in 1-4H chart we are lookin bullish continuation and clearly what we are seeing now is Bullsuh continuation correction setup Lets just wait.
Long
by Somfx_Trading
1
Lingrid | EURAUD Buying Opportunity at Psychological LevelFX:EURAUD is holding its bullish structure after bouncing from the 1.8000 zone and respecting the upward trendline. The pair remains within an ascending channel, with a higher high confirming strong momentum. As long as the 1.8000 support holds, the price outlook favors a move toward 1.8190. Broader momentum suggests continuation of the bullish cycle while the trendline remains intact. 📉 Key Levels Buy trigger: Rejection above 1.8000 support and trendline hold Buy zone: 1.8000 – 1.8010 Target: 1.8190 Invalidation: Break below 1.7810 💡 Risks A strong reversal in EUR fundamentals could weaken the bullish setup. Unexpected RBA statements or AUD strength may invalidate the trendline support. Global risk sentiment shifts could drive flows away from EUR pairs. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Long
by Lingrid
6
EURAUD Unemployment Claims: 235,000 (previous 226,000 and 224,000), indicating a slight rise in weekly jobless claims, which may suggest some softening in the labor market. Philly Fed Manufacturing Index: -0.3 (previous readings 6.8 and 15.9), signaling contraction in manufacturing activity in the Philadelphia region, a notable decline from recent positive readings. Flash Manufacturing PMI: 53.3 (previous 49.7 and 49.8), indicating expansion in the manufacturing sector nationwide with improvement from contraction in prior months. Flash Services PMI: 55.4 (previous 54.2 and 55.7), showing continued growth in the services sector, with a slight increase compared to the previous month. These mixed signals suggest some regional manufacturing weakness but overall continued expansion in US manufacturing and services, while the recent rise in unemployment claims is worth monitoring for any emerging labor market softness. #EURAUD
Long
by Shavyfxhub
2
EURAUD The Jackson Hole Economic Policy Symposium is an annual, three-day conference hosted by the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming. It brings together central bankers, economists, academics, and financial market participants from around the world to discuss key economic issues and monetary policy. Why Jackson Hole Matters to Traders: It is one of the most closely watched central banking events globally because top policymakers, including the Federal Reserve Chair, often signal future monetary policy directions here. Speeches and discussions at Jackson Hole can provide early hints on interest rate moves, inflation outlook, and economic strategy, which significantly influence global financial markets. Market participants anticipate policy clues that can affect currencies, bonds, stocks, and commodities, leading to increased volatility during and shortly after the event. This year's theme is focused on "Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy," addressing important structural changes in labor markets and their implications on monetary policy. For traders and investors, Jackson Hole is crucial as it can shape expectations for central bank actions and market trends for months to come. COMPLETE EURAUD BUY IDEA. #EURAUD
Long
by Shavyfxhub