SL: 1.64973 TP: 1.62000 In this trading strategy, we present a compelling opportunity for a long position on the EURAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
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...
Hello,Friends! EUR/AUD is trending down which is obvious from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand...
“The Trend is your best friend” This statement holds true in all aspects of trading; and in this case with EURAUD, we see an example of this. Remember, Trading is basically “strategic gambling” when simplified to the average person. However, if we can form multiple confluences along with price action and market structure, our probabilitys go up. **Remember Risk...
Pair Name : EUR/AUD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break...
Waiting for a break and retest of 1.64075 to short EURAUD back to Daily swing low at 1.61802 If you agree drop a like and if you have any questions leave a comment :)
This chart shows EURAUD making cup and handle chart pattern indicating bullish trend.
*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Thinking about going long soon. Price left a few no top wick candles on 4HR. I believe price will reach these levels before continuing a bearish trend
I see EA correction back to accumulation/Wyckoff schematics, feel free to follow and use this setup
EURAUD 2H chart is in bearish trend in which we can observe formation of flag. There is also no presence of divergence so we can take entry on the break of pole by keeping previous LH as our stop loss.
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.
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.
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...
Hello 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...
Hello 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...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade