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Eur-aud

Will This Go In Favor of The AUD?Currently in consolidation after breaking out of the bullish channel. Waiting to see if RBA Gov Lowe will make the market go in favor of the Aussie later today. And then we'll see if the CPI and Trimmed Mean CPI will keep the momentum going. So prepare for some a deadly spike tonight in the US and some more spikes the later that day. I would like to say everything will be 3 for 3 with the Aussie, but we'll see. BEAR TPs: • 1.61689 • 1.61427 • 1.61175 • 1.60973 BULL TPS: • 1.62751 • 1.63330 • 1.63484 • 1.63679
by NikaJourney
Can BULLS push EA up to 1.6305 (BUY): Weekly, Daily, 1hr EA Thesis - Weekly: Last week candle closed with a long wick after rejection off major level 1.6225 signalling bullish momentum could still push EA to the upside. - Daily: Friday candle also closed with a long wick to the upside after rejection off major level 1.6225 signalling bulls could push market higher to next possible target 1.6305. Double bottom formed at major level signalling bulls could really be in control. - 1hr: Now waiting for a possible pullback into 1hr launch pad/ previous daily lows, If level holds we could see a strong bullish rally towards 1.6305.
Long
by MountOlympusFx
EURAUD - FOREX - 24. OCTO. 2019Welcome to our weekly trade setup ( EURAUD )! - 1 HOUR Bearish market open this week. 4 HOUR Support zone holding, great long entries. DAILY Bullish waving market with several pullbacks. - FOREX SETUP BUY EURAUD 1ST ENTRY @ 1.63000 (wait for trigger) 2ND ENTRY @ 1.62640 SL @ 1.62010 TP @ 1.64080 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
Long
by DACapitalTrading
3
Possible trend shift in EURAUD – going short Signal ID: 68909 Time Issued: Thursday, 24 October 2019 09:00:15 GMT Status: open Entry: 1.62828 - 1.6314 Limit: N/A Stop Loss: 1.63608 The Tidal Shift Strategy has just sold EURAUD at 1.62984. The system recommends entering this trade at any price between 1.62828 and 1.6314. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -2.76365, which suggests that the EURAUD could be trending downwards.The 14-period Average True Range on a daily chart is 0.00125, so the stop loss has been set at 1.63608. 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. 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.
Short
by FXCM