On a daily timeframe, there are indications that the established uptrend might be weakening. Buyers have been active since June, experiencing a pullback before resuming their buying activity. Despite several attempts to breach certain levels, the market has now decisively broken through these levels. This morning, the confirmed support level was breached to the...
Recently, the EURAUD has exhibited a robust downtrend. This video offers an intricate analysis of this trend, thoroughly scrutinizing price actions and unveiling prospective trading opportunities by extensively reviewing both the weekly and daily charts. Prepare for a comprehensive evaluation of price fluctuations, market trends, trend analysis, and essential...
I expect aud to rally euraud seems to have finished a corrective leg. Looking for next impulse leg.
From time immemorial the market is bearish. when you look from the left hand side you can see the market falling. If the structure of the market is bearish then we are meant to look for sell signals. According to my strategy market needs to take out first previous high before we begin to look for sell signals. My sell signals are base on order block on 15min and...
Expect price to go up the order block and bounce off the Order Block. 1:3 RR.
Today, I am in favor of beta currencies as they have strengthened following the employment data from the United States. On the other hand, I am bearish on the Euro as the yields on eurozone government bonds (EGB) were initially declining. However, this trend reversed after remarks made by European Central Bank's (ECB) Governing Council member Martins Kazaks, who...
I'm expecting a trend-following short trade from the current daily resistance level. On the 1-hour chart, a cute head and shoulders pattern has formed, and its neckline has already broken below. Now, on the retesting phase, I plan to enter the trade. Entry 1.64455 Stop loss 1.6530 Targets 1.6327 & 1.6277
EURAUD SELL daily time frame rejection from a very strong resistance
✅EUR_AU D will be retesting a support level soon around 1.625 From where I am expecting a bullish reaction With the price going up but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade LONG🚀 ✅Like and subscribe to never miss a new idea!✅
#EURAUD UPDATE Hi team, We are here to update our analysis about EURAUD. EURAUD is going down traders, its time to execute short position. Reason behind this is that EURAUD retest the most recent level of structure, and then form a bearish candle. we can see a short up to mentioned target points.. Stay tuned...
We are riding this with the daily trend and 1hour higher timeframe structure. Currently, we are waiting for price to tap into entry.
EURAUD short idea from resistance area! Be patient, trade safely and manage your risk!
EURAUD: Break below my major level and go back for retracment to retest the level before continue pushing to the downside, as you can see the market is heading to the downside now let’s wait for it to break the major level and the fakeout before we sell.
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...
AUD/Eur showing bearish Divergence pn 1Hr chart,On break of last HL we will get trend reversal for entry as mentioned.
The pair is testing the broken support now resistance. I expect a rejection soon, it also has another resistance above: the bottom of the channel. It may try to test it. My SL triggers if the pair break up the horizontal resistance and a daily candles closes above it.
Sells based on the trend. Following Daily/H4 trend direction, with price rejecting previous swings on the H4/Daily timeframe. Simple structure movements, hopefully a simple play of price action
Hello. Analysis of the Euro currency pair against the Australian dollar based on Elliott waves Due to the failure of the trend line in the long term, it is possible for the market to fall, which can complete its decline in 5 waves. The most important number and resistance of the market is 1.66000 The analysis is valid only as long as the price is below this number!