EURAUD trade ideas
EUR/AUD: Bullish Setup dari Demand Zone, Target 1.79175EUR/AUD: Bullish Setup from Demand Zone, Targeting 1.79175
📌 Summary
On the 15-minute (M15) timeframe, EUR/AUD shows a potential rebound after testing the demand zone along with the supporting trendline. This area could act as a turning point for a buy entry with small risk and larger reward.
🔎 Full Analysis
The price is currently testing the demand area around 1.78037 – 1.77837, which aligns with the trendline support. This confluence often signals the start of bullish pressure.
As long as price holds above this zone, there is a strong probability for continuation toward the resistance at 1.79175. However, if price breaks below 1.77837, the bullish setup becomes invalid.
📊 Trade Setup Details
Buy Entry: 1.78037
Stop Loss: 1.77837
Take Profit: 1.79175
Risk (approx.): 20 pips
Reward (approx.): 113 pips
Risk : Reward Ratio: 1 : 5.6
📝 Additional Notes
Wait for bullish candlestick confirmation (e.g., engulfing or pin bar) within the demand zone before entering.
If price closes below 1.77837, the bullish scenario is invalid.
Watch out for upcoming EUR and AUD high-impact news that may increase volatility.
EURAUD Set To Grow! BUY!
My dear friends,
Please, find my technical outlook for EURAUD below:
The instrument tests an important psychological level 1.7804
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.7839
Recommended Stop Loss - 1.7788
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
EUR/AUD Daily AnalysisPrice is currently testing the daily support trendline which has previously been tested and rejected twice since June.
There is no confirmation yet of buyers coming in again but it's an important area to watch and see what happens next.
Look for a trade setup that meets your strategy rules.
EURAUD AT THE DECISION POINTCurrent Price Action:
Price is currently at 1.78194, which is just below the 0.786 retracement (1.78481).
This area (1.7778 – 1.7850) is a strong retracement zone (the "golden zone").
Price tested the 0.786 level and slightly rejected, showing possible resistance.
Interpretation:
If EUR/AUD breaks and sustains above 1.7850, the next likely target is the swing high (1.7910) and possibly the 1.618 extension (1.8110).
If rejection holds at 0.786, price could pull back toward 0.618 (1.7778) or even 0.5 (1.7749) as support.
EUR/AUD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
We are targeting the 1.782 level area with our long trade on EUR/AUD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
EURAud trendy bearish head and shoulders for the winEURAud gave a head and shoulders sell signal.
All technical indicators said sell and this paid off well
The Aussie pair strengthens as the Australian Dollar outperforms its peers amid cheerful market sentiment. S&P 500 futures are marginally down during the European trading session, but gained 0.85% on Thursday.
EURAUD Is Going Down! Short!
Take a look at our analysis for EURAUD.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.764.
Considering the today's price action, probabilities will be high to see a movement to 1.738.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
EURAUD possible tripple bottom and bullish for 1.7755#EURAUD broker previous two trendline support levels i.e. 1.7674 & 1.7635. Price may test previous demand zone level i.e. 1.7530-7467. split your risk into two trading position as 0.5% risk from the top of the demand zone 17530, use remaining 0.5% risk from the bottom of the demand zone 1.7467. stop loss below the daily demand level i.e. 1.7440, target: 1.7755.
EurAud Continuation Trade SetupPrimary Count
Price is advancing in a small wave 4 recovery with the ideal resistance at the 38.2% retracement of wave 3 near 1.7719–1.7722, which often caps fourth waves in fast trends.
A subsequent break lower would complete wave 5 with equality to wave 1 at or around 1.7622 - 1.7600
Why this count
The decline into the labeled wave 3 shows impulsive characteristics, while the current bounce is overlapping and contained—typical wave 4 behavior into Fibonacci resistance.
The projection cluster at 1.7622 (5 vs 1 equality) provides a textbook objective for terminating moves when wave 3 has carried the bulk of the trend.
Trade plan
Entry: Monitor for reversal signals in the 1.7715–1.7725 sell zone; consider scaling on a lower-timeframe break of the bounce channel.
Stop: Above 1.7750 to allow noise beyond the 38.2% level while preserving the wave 4 thesis.
Targets: Take profits at 1.7622- 1.7600.
What to watch
Confirmation comes from an impulsive turn down from the 38.2% zone followed by a break of bounce lows, indicating wave 5 has engaged.
Invalidation is a sustained push and hold above 1.7750 that compromises the wave 4 cap and suggests a deeper correction toward higher retracements.
Structure comes before prediction—let the reaction at 1.7720 reveal whether the fifth wave is ready to break lower or if the correction needs more time to mature