EURAUD BUY Initiating a buy trade on EUR/AUD, targeting 1.62450. Let's see how this trade unfolds. #ForexTrading #EURAUD This trade should hit before daily candle closes.Longby GlobalHornsUpdated 223
EURAUD: Bullish Continuation Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURAUD pair which is likely to be pushed up by the bulls so we will buy! ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals447
Potential Swing Opportunity on EUR/AUD PairTraders, a compelling swing opportunity appears to be unfolding on the EUR/AUD pair, particularly evident on the weekly time frame. The formation of a Head and Shoulders (H&S) pattern suggests the possibility of a significant upcoming move, potentially marking the inception of a substantial trend reversal. The current positioning indicates that we are within a value area and witnessing the development of lower lows, reinforcing the potential bearish sentiment. Trade Plan: Entry Point: 1.638 Take Profit 1 (TP1): 1.622 Take Profit 2 (TP2): 1.59222 Stop Loss:1.64444 Observing the lower lows and recognizing the value area, an entry point at 1.638 is strategically chosen to participate in the anticipated downside movement. The initial take profit level at 1.622 reflects a conservative approach to profit realization, aligning with the technical signals on the weekly chart. For a more extensive move, the second take profit level at 1.59222 is set, acknowledging the potential continuation of the bearish trend. It's worth noting that signs of seller activity are apparent in lower time frames, further supporting the analysis. As with any trade, managing risk is paramount. Traders are encouraged to employ effective risk management strategies to safeguard against unexpected market fluctuations. The success of this swing opportunity relies on prudent decision-making, careful monitoring, and adapting to evolving market conditions. Best of luck to all traders participating in this potential swing trade. May your risk be managed wisely, and may the trade unfold in a manner aligned with your strategic analysis.Shortby RainMaker545Updated 5
Trade Plan (Pending): I am buying EUR/AUD at 1.6210The single currency baskets highlight buying dips in EUR and selling rallies in AUD. This correlation suggests buying dips in EUR/AUD. Bespoke support is located at 1.6210 and 1.6188. Bespoke resistance is located at 1.6430. Price action has formed a bullish Ending Wedge pattern. This formation has a measured move target of 1.6802. Projecting a 261.8% extension level from our bespoke system highlights a 261.8% extension level at 1.6789. There is scope for mild selling interest, but I look for losses to be limited. I am buying EUR/AUD at 1.6210 SL: 1.6110 TP1: 1.6788 Risk/Reward Ratio of 5.78R #tradeplan #EURAUDLongby IanColeman114
euraud buy signal. 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 tradeLongby wavesscoutforex11225
euraud analysisHello my friends In this analysis, we predicted that euraud is forming a triangle in this 4-hour timeframe. Anytime an extended flat is formed. You want the market to form a parable. Our analysis is correct. Longby wavesscoutforex11334
⚡️EURAUD CMC TRADING ⚡️ 4H ORDER FLOW BIASEDEURAUD has demonstrated notable demand around the 4-hour Order Block (OB). Simultaneously, a ChoCh has been identified on a lower timeframe amidst the prevailing bearish order flow. Capitalizing on this observation, we've identified the responsible OB along with a Former Value Gap (FVG), signaling a potential opportunity for a long entry. The target is set towards the most recent swing high, offering a favorable Risk-Reward (R:R) ratio.Longby ChampsMoneyConcepts116
SHORT22 hours ago This Is An Educational + Analytic Content That Will show entry ideas for trades. Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingVShortby kF_pippinright0
EURAUDMonthly - bearish sign We are currently forming a 2 top Head and shoulder Weekly - bearish We broke structure to the down side Daily - bearish Clear broke of structure Also we made a perfect I.C.I. to the down intraday time frame head and shoulderShortby SamuelForexTraderUpdated 3311
EURAUD Downtrend and Key Resistance at 1.63200In anticipation of tomorrow's trading session, our attention is squarely fixed on EURAUD, where we are actively assessing the potential for a selling opportunity around the 1.63200 zone. Presently entrenched in a downtrend, EURAUD showcases a sustained downward trajectory. The currency pair is currently navigating a correction phase, steadily converging towards the trend at the pivotal 1.63200 resistance area. This numerical level not only holds significance as a historical resistance point but also marks a crucial juncture where the prevailing correction may encounter substantial market forces. Taking a comprehensive approach to our analysis, we consider both the technical trend in EURAUD and broader market dynamics. The interplay of a persistent downtrend, coupled with the imminent approach to the critical 1.63200 resistance zone, forms the foundation of our evaluation for a potential selling opportunity. As we navigate tomorrow's session, our strategic focus is on pinpointing optimal entry points within this identified numerical zone, aligning our trading decision with the evolving market conditions.Shortby JoeChampion9
EURAUDThe Australian Dollar continues to appreciate even after the RBA (The Reserve Bank of Australia) decided to hold rates and their statement was interpreted as dovish. The Eurozone economy continue's to contract with PMIs contracting, inlfation still high and sticky, and the ECB (European Central Bank) decided to cut growth forecasts for next year. Many Euro countries have entered recession early this year including Germany where it is conisdered an economic powerhouse in Europe. Gold, that has a strong correlation with the Aussie Dollar, also rose this year and making new highs because of mixed economic data in the U.S. and rate cut expectaions that were mentioned by the Fed. On the technical side, the price continued to plunge with lower lows and lower highs forming and an increase in demand of the Australian Dollar. Price has hit support and there is a possibility that the price may pull back at the pivot point (where it is also considered a resistance line if the price is below the pivot point) with hopes of rallying again, but if that fails to happen, then the price will break the support line and continue to plunge to the June 2023 low.by rayjcbassil1
EURAUD. Possible Intraday Set upThese are the trades I am looking to take in coming week. Please manage your risk. by Maverick_ViV2
Euraud Short term bullishEuraud have broke below major trendline on weekly chart. Currently in lower TF , it has broke below structural ma n testing trendline. A retest of 1.645 to 1.655 seems on the card if current trendline is able to act as support. Longby Gymveski1
euraud analysis. 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 tradeLongby wavesscoutforex112
EURAUD : 1HR SELL-LIMITSelling pressure of EURAUD pair will continue when the week starts. However, we will see a retracement first. This is the analysis made in the Daily. The most accurate sell entry in 1HR chart is here. Shortby aboutxauusd111
EURAUD: Long Signal with Entry/SL/TP EURAUD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy EURAUD Entry - 1.6349 Stop - 1.6287 Take - 1.6485 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignalsUpdated 117