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Euraud-analysis

EURAUD – Trendline Holds, Bearish Setup Below 1.7626EURAUD Trend: EURAUD pair remains in a strong downtrend, marked by consistent lower highs and a descending trendline. Resistance: 1.7626 has been retested and rejected, confirming it as a short-term ceiling. Structure: The latest rejection from both horizontal resistance and the trendline confirms bearish intent. 🔽 Bearish Targets: 1.7254 – minor support and near-term target 1.7120 – stronger support zone 1.7060 – previous low and potential extended target A clear break below 1.7400 could confirm continuation of the trend toward those levels. Fundamental Overview: 🔻 EUR Weakness: The Eurozone is slowing, particularly in Germany and France. ECB remains cautious; recent comments show concern about tight financial conditions and sticky inflation. Political uncertainties and mixed data prints are adding pressure. 🟢 AUD Support: The RBA remains firm with hawkish language, holding rates while global peers lean dovish. Commodities remain stable, and Australia benefits from demand out of Asia. Domestic data (jobs and retail) shows surprising resilience. Summary: Bias: Bearish below 1.7626 Break Trigger: 1.7400 Target Range: 1.7250 – 1.7060 Fundamentals: Favor AUD on stronger economic footing and RBA policy tone 📉 EURAUD looks ready for another leg lower unless we see a breakout above 1.7630 with conviction.
Short
by ultreosforex
3
EURAUD - Technical Analysis [Short Setup]🔹 EURAUD Analysis on 30M chart - The current Trend is BEARISH - There is no Bullish divergences - Using trendline to take trade on HL 🔹 Trade Plan - Entry Level = 1.64757 - Stop Loss = 1.11500 - TP1 = 1.64385 - TP2 = 1.64191 🔹 Risk Management - First TP is 1:1 - Second TP is 1:2 🔹 How to Take Trade? - Only risk 2% of your portfolio - Take 1% risk entry with 1:1 RR - Take 1% risk entry with 1:2 RR Like and subscribe to never miss a new idea! ✌🏼
Short
by Bountysoul
EURAUD | Daily | OutlookLooking at EURAUD from a purely technical observation we can take note of the fact that the EURAUD has broken out of our long standing bullish monthly trend line which has started to point us towards a new bearish sentiment/bias in the long term, now looking further into it we can also notice that on top of breaking out of our monthly bullish trend we can notice that on our weekly chart we’ve also managed to identify the breakout of an ascending channel which was formed on the weekly chart further adding on to our newly founded bearish sentiment/bias. Now with all that said we look further down moving to our daily time frame we can see that at the beginning of the year EURAUD found some support at our 1.61213 level after the market broke out of our ascending channel in November last year and started trading upwards where we saw that bullish momentum take a pause when the market reached our 1.66xxx & 1.668xx respective area creating what looks like a consolidation between the 1.668xx and 1.635xx levels which is now our current trading range. With the above observation in mind we can see EURAUD bounce off near the top of our range at 1.66xxx where we can expect EURAUD to push downward a bit to bounce off the bottom of our current minor range before pushing up to our 1.712xx to 1.72xxx respective area where we’ll look towards the market creating a new resistance which will further confirm our overall bearish sentiment which we’ll be looking to take advantage of over the long term. Please note that the current analysis and observation is comprised solely of my own personal opinion, sentiment and bias of the market; so please be sure to confirm with your own analysis before taking any trading decisions based on the above information as I am not liable for any profit or loss you may incur while using the provided information.
by mosa_moshka
Euraud Countertrend opportunityPotential to turn on higher timeframe .waiting for it to clear 1.6150 area. **Find out more from my Tradingview Stream this week** *************************************************************************************** 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!
by Shadowing_The_Big_Boys
EURAUD TRADE UPDATE! In PROFIT ✅🏁Welcome back! Here's an analysis of this pair! **EURAUD TRADE UPDATE & RECAP- Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
2
EUR/AUD Hat 14 JuneFX:EURAUD -110 day overall bullish trend -Blue down trend is higher timeframe down trend -Broke through 1.56838 on 18 may, 26 days ago -3rd bottom on 1.56828 area -Fixed Range Volume Profile gives no major insights -RSI & Stoch gives no major insights -Volume is steady -Currently minor downtrend Possibility for bearish move to 1.56000-1.56500 area due to minor white line downtrend shown. Possible bullish bounce from 1.56838 support area (previously resistance for wedge pattern). Overall- Would not sell in this situation because the major trend is bullish . Risk manage by not opening trades with low RR ratio; wait for a break of the minor white trend line on 4H to confirm upward pressure. If there is a break below 1.56838 and 1.56600 it may be eligible to consider a short-term short position - then watch ~30 Min chart for entry
by Ludwig-Analysis
EURAUD is still trading within huge rangesThe pair is still trading within huge ranges, chopping sideways, with the 50-day and 200-day moving averages converging. The Australian dollar has been on weak footing albeit gaining against other currencies. Its reluctant gains have been due to the raging bushfires ravaging the country. Its domestic confidence has also been hit by forecasts of weaker currency. Climate advocates and activists have also been in a lot of headlines these days. The European Union is planning to dedicate a quarter of its budget to addressing climate change, adding that it would work to shift 1 trillion euros investment toward making the EU’s economy more environmentally friendly over the next 10 years. EU officials have been aiming to deliver European Commission President Ursula von der Leyen’s Green Deal, and they have said that the Europe Investment Plan will have funding from the bloc’s budget and the private sector.
by Financebroker