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 1.62750...
Hello,Friends! The BB upper band is nearby so EUR-AUD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.622. ✅LIKE AND COMMENT MY IDEAS✅
Price is falling towards the pivot which has been identified as a pullback support and could bounce from this level to the 1st resistance. Pivot: 1.6229 1st Support: 1.6174 1st Resistance: 1.6285 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs...
EUR/AUD is rising towards a resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 1.62787 Why we like it: There is an overlap resistance level that lines up with the 38.2% Fibonacci retracement. Stop loss: 1.63283 Why we like it: There is a...
EUR/AUD seems to be making a new upward wave. EUR/AUD made a good move as Wave 1 and then we can see a big ABC correction. We believe that the price will move upward after touching the multi-resistance level at the 1.626 zone. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team...
EURAUD - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Price action looks to be forming a bottom. Intraday signals are mixed. Preferred trade is to buy on dips. Bespoke support is located at 1.6250. We look to Buy at 1.6250 (stop at 1.6210) Our profit targets will be 1.6350 and 1.6400...
✅EUR_AUD is going up to retest a horizontal resistance of 1.6380 Which makes me locally bearish biased And I think that we will see a pullback And a move down from the level Towards the target below at 1.6288 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
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...
As you can see the price reached the HTF bearish Inversion, which is a strong resistance and had a bearish reaction and shifted the market structure, so we looking for a sell opportunity. In that case, the price created the liquidity pool below the bearish order block which is a high probability selling scenario. So if the price reaches the bearish order block...
Hello,Friends! EUR-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.658 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the EUR/AUD pair. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: BUY Comment: The next buy transaction is being considered for the EURAUD currency pair. We previously considered both long and short positions for this instrument. Today it is not too late to join long positions, and most likely, starting from the current price, the price will go to the level of 1.64767 (scenario №1) , where our goal...
Preferred direction: BUY Comment: The New Zealand dollar is also seen in favor of buyers. Here, the expected growth according to the two scenarios is in many ways similar to the situation for the AUDUSD currency pair. Here, too, the most likely scenario is an increase from current prices (scenario №1) . A less likely scenario involves a preliminary fall...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
EURAUD - Sell Stop - Bearish trend - Take Entry if price reaches B of AB-CD pattern
Recently, FX:EURAUD breached the 1.63 support level. However, after reaching a low of 1.6220, the pair swiftly reversed, indicating a false breakout. Over the past three weeks, the pair has formed a falling wedge pattern, hinting at a potential reversal to the upside. Confirmation of a bullish scenario would come with a break above the descending trend line. In...
Preferred direction: BUY Comment: At the beginning of the week, the euro remains on the buy sheet, but the growth looks rather limited compared to the previous week. For the coming week, we are considering growth no higher than the level of 1.08500 . As always, we highlight two scenarios for this currency pair. The most likely scenario №1 involves an...
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,...
USDT Dominance has apparently completed its downward movement in the 4-hour time frame.. which has been completed in the form of an impulse that can be considered wave A or 1.. which of course we have named wave A for now.. In the following, an upward phase can be completed in the form of wave B. Based on this, we can expect growth up to 5% and even higher...