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Eur-aud

EUR/AUD - Consolidating - Wait for a break LONG.Hi traders, Here is my view on EUR/AUD where we have quite a support level and we should see a retracement UP after consolidation. EUR and AUD both shown a LOT of short sold but no longs added yet, this is the reason we can still go eiter way. Up seems the most logical way for EUR/AUD because we had a MAJOR fall down, now we should recover a bit. Follow me to keep me motivated to share my information: Also follow me on telegram: t.me/FXT_TL
Long
by FXT_TL
EUR/AUD LONGEUR/AUD ANALYSIS 6/21/20 EUR/AUD is one of my favorite pairs! Check out last analysis regarding this pair below (I update my pairs frequently, NOT on tradingview) Price has bounced off marked support and could NOT break ress Now we may look for a pullback to gain momentum to break current resistance above Looks like it may be happening soon with DXY strength on our side :) Do NOT trade before taking confirmation Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature TO STAY UPDATED REGARDING THIS PAIR... 🎇 ⬇ CHECK OUT BELOW ⬇ 🎇
Long
by illDior
EUR/AUD LONGEUR/AUD ANALYSIS 6/16 Check out last analysis below to understand the better idea We now look for long potential Currently, in a correction + we are in Asian session at the time of posting this so this may range and take out last supp Till then we look for longs! Do NOT trade before taking confirmation Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature TO STAY UPDATED REGARDING THIS PAIR... ⬇ CHECK OUT BELOW ⬇
Long
by illDior
EURAUD - SWING - 16. JUNE. 2020Welcome to our weekly trade setup ( EURAUD )! - 1 HOUR Bearish price action below main sr level. 4 HOUR Following shortterm pressure and price action. DAILY Expecting another push to previous lows! - FOREX SWING SELL EURAUD ENTRY LEVEL @ 1.63870 SL @ 1.65580 TP @ 1.61250 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
12
EUR/AUD FULL ANALYSIS: Possibly massive trend reversal ahead!Hi traders, Here's the EUR/AUD pair which possibly signals a massive trend reversal and a buying opportunity. As usual, we don't take any trades unless all rules of our trading strategy align. TECHNICALS : The pair has been in a nice downtrend since March, forming fresh LLs and LHs until it reached the 1.61 support, which aligns both with a horizontal support and a longer-term rising trendline. The interesting part happened yesterday: Risk-off flows formed a fresh HH (after the pair failed to form a fresh LL on June 8), signaling a possible trend reversal. The 1-hour chart zooms in a possible entry area: A pullback to a short-term horizontal support level. Now to the other signals that point up: RISK SENTIMENT: Risk sentiment has notably changed yesterday with the sell-off in US equities and with signs of a possible second wave of the Covid-19. This could continue in the week ahead. POSITIONING : Markets are bullish on the EUR after the recent ECB meeting, and have total bearish positioning on the AUD. Although the net AUD bias (net changes in positioning) has been bullish with the recent risk-on, this could possible change in the next trading week and push the EUR/AUD pair up. CORRELATIONS and INTEREST RATES: German/Australian 2y yields (green) are slightly diverging from the exchange rate, and Copper keeps falling (yellow line, inverted) as global demand vanishes. This could be another headwind for the AUD and provide support for the pair in the coming week. Please hit the "LIKE" button if you would like more posts like this. Thanks!
Long
by MujkanovicFX
EURAUD appears oversold SELL 1.65292 - 1.6621 Add to Watch List Signal ID: 72156 Time Issued: Friday, 12 June 2020 01:00:15 GMT Status: open Entry: 1.65292 - 1.6621 Limit: N/A Stop Loss: 1.67586 The Congestion Opportunities Strategy has just sold EURAUD at 1.65751. The system recommends entering this trade at any price between 1.65292 and 1.6621. The signal was issued because the 28-hour Relative Strength Index indicates that the EURAUD may be oversold, while the Speculative Sentiment Index reading of -1.4589 indicates that trader sentiment is not at extremes.The 14-period Average True Range on a daily chart is 0.01835, so the stop loss has been set at 1.67586. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Congestion Opportunities is a range trading strategy that aims to sell overbought currency pairs and to buy oversold currency pairs. The strategy will only trade when the Speculative Sentiment Index for that currency pair is between -1.5 and +1.5. Limiting range trading in this way has shown in the past to significantly raise the probability of successful range trades.
Short
by FXCM
4
Quick SHORT on the EURAUD: Breakout of Descending WedgeWe can see on the H4 and D1 chart that EURAUD has accumulated enough sell pressure to breakdown from the support line of the big descending wedge, with today's highs being rejected by the bottom of the wedge line, hence flipping it to resistance @ 1.65504 Now we take a look at the technicals - MACD going over into the red, deeply in the SELL zone - Sell volumes increasing steadily, indicating increased shorts and interest --> Momentum for further downside (Tip: A decreasing volume in 1 direction indicates the imminent reversal of the trend) As always, feel free to like and comment if you enjoyed my posts, trade safely and carefully! Best Regards, GOLD D ROGER
Short
by Gold_D_Roger