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Eur-aud

EURAUD facing bullish pressure | 21th July 2021EURAUD approaches resistance at 1.61218, in line with 161.8% Fibonacci retracement and 100% Fibonacci extension. Prices are expected to surpass this level and increase towards take profit, in line with -61.8% Fibonacci retracement and 161.8% Fibonacci extension. Alternatively, prices may reverse off and take support at stop loss, in line horizontal pullback support, 61.8% Fibonacci extension, and 31.8% Fibonacci retracement. EMA is holding below our prices. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM
EURAUD approaching 1st resistance. Potential upside!EURAUD approaches 1st resistance, in line with 161.8% Fibonacci retracement and 100% Fibonacci extension. Prices are expected to surpass this level and increase towards 2nd resistance, in line with -61.8% Fibonacci retracement and 161.8% Fibonacci extension. Alternatively, prices may reverse off the 1st resistance, and take support at 1st support, in line horizontal pullback support, 61.8% Fibonacci extension and 31.8% Fibonacci retracement. EMA is holding below our prices. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub
Bullish Situation on EUR/AUDGood morning, traders! We want to present you this opportunity in EUR/AUD, since today there was an interesting breakout, and there is the possibility of taking a trade in this direction. 🔸 Let's start by analyzing the weekly chart, to see where this bullish idea comes from: 🔸 As we can see, the price is in an upward channel that begins in 2013, and a new rebound took place a few weeks ago. 🔸This bounce also implies a breakout of the bearish channel, which is a second bullish sign. 🔸Since then, the movement has been clearly bullish, but it could be considered somewhat choppy. 🔸Today, we saw a breakout of the supply zone, which previously could not be broken. 🔸This allows us to look for a bullish setup. 🔸The idea in the 4H chart is the following: 🔸The objective is to wait for a retest of the broken area. After that, if the price is rejected there, we can confirm the bullish scenario.
Long
by ThinkingAntsOk
4
💡Don't miss the great buy opportunity in EURAUDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.5871). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 50. Take Profits: TP1= @ 1.5919 TP2= @ 1.5973 TP3= @ 1.6013 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
8
💡Don't miss the great buy opportunity in EURAUDTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.5871). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 50. Take Profits: TP1= @ 1.5919 TP2= @ 1.5973 TP3= @ 1.6013 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
5
💡Don't miss the great buy opportunity in EURAUD Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.5818). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 46. Take Profits: TP1= @ 1.5858 TP2= @ 1.5902 TP3= @ 1.5942 TP4= @ 1.5977 TP5= @ 1.6000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
18
💡Don't miss the great buy opportunity in EURAUD Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.5818). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 46. Take Profits: TP1= @ 1.5858 TP2= @ 1.5902 TP3= @ 1.5942 TP4= @ 1.5977 TP5= @ 1.6000 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
10
Interesting Long-Term Opportunity on EUR/AUDGood morning traders! Today we will analyze EUR/AUD, as it is in a particular situation that can be a good opportunity to take for the long term. 🔸Let's first analyze the long-term chart (Published): - We see an obvious upward trend that has been in place for almost 10 years. - Recently, the price bounced back to the lower trend line and was rejected to the upside. - This is a bullish sign, leading us to think of possible bullish momentum. 🔸To see the situation more in detail, let's go to the Daily Chart: - Here, we also see that the short-term bearish channel was broken to the upside and the local resistance zone. - Yesterday was a very volatile day, and we saw a large rejection candle in the support zone, which supports our bullish view. - The target that we consider possible in the medium term is the Resistance zone at 1.68000.
Long
by ThinkingAntsOk
3
💡Don't miss the great sell opportunity in EURAUDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.5694). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance.. The RSI is at 24. Take Profits: TP1= @ 1.5619 TP2= @ 1.5554 TP3= @ 1.5477 TP4= @ 1.5424 TP5= @ 1.5359 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
13
💡Don't miss the great sell opportunity in EURAUDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.5694). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in a downtrend, and the continuation of the downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 26. Take Profits: TP1= @ 1.5619 TP2= @ 1.5554 TP3= @ 1.5477 TP4= @ 1.5424 TP5= @ 1.5359 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
7
EURAUD Facing bullish pressure | 2 July 2021EURAUD Facing bullish pressure above ascending trendline support and also graphical overlap support where we have 38.2% Fibonacci retracement. A short-term intraday bounce above our entry at 1.58516 towards -27.2% Fibonacci retracement at 1.59000 could be possible. Technical indicators are showing room for further bullish momentum as well. Prices are approaching support which is in line with horizontal swing low support, 61.8% Fibonacci retracement, and 161.8% Fibonacci extension. Prices might push up towards horizontal overlap resistance in line with 100% Fibonacci extension. If prices push down, prices might take support on horizontal swing low support in line with 100% Fibonacci extension and 161.8% Fibonacci retracement. Stochastics is also approaching 7. 01 levels, potential for a bounce. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by FXCM
1
💡Don't miss the great sell opportunity in EURAUDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.5802). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 47. Take Profits: TP1= @ 1.5733 TP2= @ 1.5690 TP3= @ 1.5659 TP4= @ 1.5605 TP5= @ 1.5538 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
6
💡Don't miss the great sell opportunity in EURAUDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.5802). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURAUD is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 47. Take Profits: TP1= @ 1.5733 TP2= @ 1.5690 TP3= @ 1.5659 TP4= @ 1.5605 TP5= @ 1.5538 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
4
EURAUD Bursting and heading up more? Likewise for EURNZD 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!
Long
by Shadowing_The_Big_Boys
EUR/AUD - SHORTSummary EUR/AUD has formed a large ascending channel on the daily with clear middle section. We have now created an extension at the third touch point in another slight ascending with clear middle section, the set up is most probable for a sell set-up in the 1.58400 area. Counter Argument E/A could move up to the highs before a reversal takes place, although the structure is extremely clean, there is no additional confluence from a double top of area of high value. The Short set up is in higher favour as this is the only confluence factor for counter at the moment. How would i look to take this? As you can see, i have forecasted a corrective move towards the third touch. I would look to take a bearish engulfing candle for a risk entry or wait for the first push and 1HR or 15M flag formation, to take a reduced risk. Where price is currently we could scoop back down to the previous day low before catching momentum but this still aligns with the longer term approach and structure. Hope this helps!
Short
by HarrisonForexx