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Eur-aud

Possible trend shift in EURAUD – going longThe Tidal Shift Strategy has just bought EURAUD at 1.61858. The system recommends entering this trade at any price between 1.61631 and 1.62085. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -2.09721, which suggests that the EURAUD could be trending upwards.The 14-period Average True Range on a daily chart is 0.00181, so the stop loss has been set at 1.6095. This stop loss order is a trailing stop that will move up as the market moves up. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 69337 Time Issued: Thursday, 14 November 2019 04:00:16 GMT Status: open Entry: 1.61631 - 1.62085 Limit: N/A Stop Loss: 1.60950 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 interests 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 here. Past Performance is not an indicator of future results.
Long
by FXCM
EURAUD - FOREX - 12. NOVE. 2019Welcome to our weekly trade setup ( EURAUD )! - 1 HOUR Small bullish pullback in a bearish market. 4 HOUR Bearish market with several small pullbacks to the upside. DAILY Great short entries to follow the trend! - FOREX SETUP SELL EURAUD 1ST ENTRY @ 1.61320 2ND ENTRY @ 1.61740 (wait for trigger) SL @ 1.62480 TP @ 1.60050 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (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
1
Possible trend shift in EURAUD – going shortThe Tidal Shift Strategy has just sold EURAUD at 1.60718. The system recommends entering this trade at any price between 1.60542 and 1.60894. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -1.51131, which suggests that the EURAUD could be trending downwards.The 14-period Average True Range on a daily chart is 0.0014, so the stop loss has been set at 1.6142. 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.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Signal ID: 69264 Time Issued: Monday, 11 November 2019 01:00:16 GMT Status: open Entry: 1.60542 - 1.60894 Limit: N/A Stop Loss: 1.61420 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 interests 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 here. Past Performance is not an indicator of future results.
Short
by FXCM
EUR/AUD – Bears eyeing 1.60000 The EUR/AUD on the 4-hour time frame has been following a downtrend recently. The price dipped below the key level of 1.61000 on 05 November to reach the lowest level of period under study at 1.60395. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. The price action in the currency pair is mainly driven by the recent strength in the Aussie Dollar. As of writing, the price is hovering around 1.60609 with negative MACD and price below 200 period simple moving average. The 4-hour chart of the EUR/AUD confirms the negative sentiment in the price movement as the currency pair is making successively lower tops and lower bottoms. By applying Oscillators Analysis, all three indicators confirm the negative bias in the market. As the chart shows, price is below the 200-period Simple Moving Average. The MACD (Moving Average Convergence/Divergence) is recording values below the zero-line which shows negative sentiment in the currency pair. RSI (Relative Strength Index) showing values below 50 which supports the bearish sentiment. In alternative scenario, key resistance level lies at 1.64376. Bulls must break this level in order to regain bullish sentiment in the market.
Short
by FXTM