EURAUD: Potential EUR weakness over commoditiesHey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.558 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Eur-aud
Buying EURAUD at previous resistance.EURAUD - 24h expiry - We look to Buy at 1.5620 (stop at 1.5550)
Previous support located at 1.5600.
Previous resistance located at 1.5700.
There is no indication that the rally is coming to an end.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.5600 will confirm the bullish momentum.
Our profit targets will be 1.5800 and 1.5850
Resistance: 1.5700 / 1.5800 / 1.5850
Support: 1.5600 / 1.5550 / 1.5500
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Going Short on GBPAUDPound continues to lose its ground against Aussie as the bearish rally in the pair continues. Sellers should aim for buying on dips strategy as strong rejection from previous higher low, and a bearish divergence shows bears are still in control.
EURAUD Bullish long-term. Bearish below 1D MA200.The EURUAD pair made a big bullish break-out in late December as it broke above the Bearish Megaphone structure that it has bene trading in since late 2020. The past 3 weeks however have been marked by a retrace, even below the 1D MA50 (blue trend-line) which was the Support before.
Potentially a new Channel Up may be dictating the new bullish trend and that was the formation of the new Higher Lows, so as long as it holds, we are bullish targeting 1.6000 and then 1.62350 (bottom of the long-term Resistance Zone).
We will open long-term sells only if the price breaks below the 1D MA200 (orange trend-line). In that case, 1.4800 will be the first target.
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EURAUD, H4 channel, long positionI expect breakout of the drawn channel (red lines) and an upward move.
TP around 1.5740
GG
P.S.
This is not financial advice of course, just my idea.
EURAUDHello Traders, here is the full analysis on EURAUD, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. Kindly tap on like and follow button l.. Please also refer to the Important Risk Management
EURAUD two possible scenariosEURAUD is forming beautiful double bottom.
1. We could see another retrace and leg down to -0.27 fib
2. We could see 100% retracement with breaking inner downtrend trendline, retest and then shooting further up
Euraud should be having more downside!After the breaking of a key support last week, i had been bias to short its rally on lower tf..e.g. h1.
same for coming week i feel.
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
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EURAUD buy to the 61.8 fib a previous broken structure zoneEURAUD buy to the 61.8 fib a previous broken structure zone
EURAUD healthy uptrend EURAUD on the daily seems like a pullback for entries to go long on lower timeframe.Do watch for any.Wait for stars to align! :)
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Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
And if you would like to show further support for me, you can gift me some coins on tradingview! 😁
Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
EURAUD LONGEA was on a continuation pattern since Thursday, and went to test the OB of Thursday, and after that broke the recent lower high, so what's my expectation? my expectation is for price to come back to this support zone and go bullish since it's at a minor resistance zone.
EURAUD - Follow The Trend! 📉Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
EURAUD is overall bearish trading inside the brown falling broadening wedge pattern, and it is currently sitting around the upper brown trendline.
Moreover, the zone 1.60 is a strong resistance zone .
📊 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance zone and upper brown trendline. (acting as non-horizontal resistance)
📕 As per my trading style:
As EURAUD is around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
EURAUD: Potential EUR weakness against commoditiesHey traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.589 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
EURAUD, short, around 140 pipsI expect a correction of recent increases to around 1.5700, maybe little bit more but 1.5700 looks enough for me.
TP around 1.5700, around 140 pips.
P.S.
This is of course not financial advice, just my idea.
EURAUD IDEA HELLO GUYS THIS MY IDEA 💡ABOUT EURAUD is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this LONG position..
and when the price come back to this area, strong buyers will be push up the market again..
UP TREND + Resistance from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like and follow thanks
EURAUD UPDATE only bearish continuation
Hi viewers, EA idea before this one attached, here is UPDTE bearish still to expect
TP1: 1.54000 (100)
TP2: 1.53500 (150)
TP3: 1.53000 (200)
Euraud looking to short pullbacksrejected the key R zone,looking to short on this cross
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Hello there!
If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏
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Thank you!
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
EURAUD bearish start expected
Hi viewers, we are have on Thuesday RBA meetings, AUD showing power, here now expecting changes - bearish trend
TP1: 1.54800 (100)
TP2: 1.54300 (150)
TP3: 1.53800 (200)
EUR/AUD SHORTComing from a new Peak Formation , we are looking for a break of structure at 1.56000. If we can break below this we will be going short on this pair and looking to take it to 1.54300 as our target..
My analysis for EUR AUD The pair is heading to an area where a bullish harmonic pattern will be formed, as shown in the picture
InvestMate|EUR/AUD We are falling to a strong support zone💶💶EUR/AUD We are falling to a strong support zone.
💶At last, after a long accumulation between levels, it is time for a decisive direction.
💶Looking at the size of the current candles and adding to the fact that the Euro is falling on most pairs, I can safely say that it is time to test the local support levels on this pair.
💶I determined the nearest support zone based on the fibo level of the entire downward wave from the 2008 peak to the 2012 bottom.
💶As you can see, over the last few weeks we have bounced repeatedly from the resistance zone set based on the 0.236 level of the entire downward wave from the 2020 peak to the 2022 low.
💶It looks like we have currently bounced off it for good
💶The scenario I am playing out is a continuation of the declines on a wave of weakening of the euro to reach the local support zone marked on the chart. At that point I will be watching closely to see how the price will react in order to predict the next move. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook would change I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
💶 *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario.
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$EURAUD - Where to next?$EURAUD - Where to next?
With this specific pair - patience is required.
A break out above the range matching the double bottom pattern. However, a break below the pattern will no longer be valid.
Enjoy
TJ
