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EURAUD

EURAUD:🔴Is it Bearish...?!🔴(Details on caption) As you can see the price reached the HTF bearish Inversion, which is a strong resistance and had a bearish reaction and shifted the market structure, so we looking for a sell opportunity. In that case, the price created the liquidity pool below the bearish order block which is a high probability selling scenario. So if the price reaches the bearish order block we can enter the sell position with LTF confirmation. 💡Wait for the update! 🗓️10/05/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
1
Strifor || EURAUD-08/05/2024Preferred direction: BUY Comment: The next buy transaction is being considered for the EURAUD currency pair. We previously considered both long and short positions for this instrument. Today it is not too late to join long positions, and most likely, starting from the current price, the price will go to the level of 1.64767 (scenario №1) , where our goal is located. If scenario №1 does not realize, another entry from the level of 1.63067 can be actively considered (scenario №2). Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
Strifor || NZDUSD-07/05/2024Preferred direction: BUY Comment: The New Zealand dollar is also seen in favor of buyers. Here, the expected growth according to the two scenarios is in many ways similar to the situation for the AUDUSD currency pair. Here, too, the most likely scenario is an increase from current prices (scenario №1) . A less likely scenario involves a preliminary fall to 0.59857 (scenario №2) . We consider the growth target near the level of 0.60713. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
Double zigzag pattern bearish scenarioEsteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules. As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy. I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision. For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea. My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace. I express my gratitude for your continued support and kindness, and welcome your comments and critiques. May my analysis be a valuable asset to your business journey, and I remain sincerely yours, Mr. Nobody
Short
by Mehdi_Abbasi_EWP
EurAud could rise 400 pipsRecently, FX:EURAUD breached the 1.63 support level. However, after reaching a low of 1.6220, the pair swiftly reversed, indicating a false breakout. Over the past three weeks, the pair has formed a falling wedge pattern, hinting at a potential reversal to the upside. Confirmation of a bullish scenario would come with a break above the descending trend line. In the medium term, EURAUD could ascend and retest the recent high at 1.6680. I maintain a bullish stance on this pair as long as the recent low remains unbroken.
Long
by Mihai_Iacob
Strifor || EURUSD-Week StartingPreferred direction: BUY Comment: At the beginning of the week, the euro remains on the buy sheet, but the growth looks rather limited compared to the previous week. For the coming week, we are considering growth no higher than the level of 1.08500 . As always, we highlight two scenarios for this currency pair.  The most likely scenario №1 involves an increase from current prices, since technically all the factors for this are there. But in the event of a rollback to the level of 1.07225 , the buy trade remains valid for the same purpose (scenario №2) . It would be best not to push the target too hard towards the level of 1.08500 , but to fix the buy-position earlier. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
EURAUD 1H Short Trade - 1:3 RRRSL: 1.64973 TP: 1.62000 In this trading strategy, we present a compelling opportunity for a long position on the EURAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3. Indicators: EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
Short
by panjikadar
2
Strifor || EURUSD-NFPPreferred direction: BUY Comment: Before the NFP , we adhere to the buy priority and scenarios that we've outlined at the beginning of the week. The likelihood of the US dollar's main competitors strengthening is high. However, we are talking more about short-term strengthening today. Over the longer term, the US dollar is likely to resume its global growth. For the euro , both scenarios have been activated, and today we do not consider growth above 1.08000 . Those who are not yet in the trade can consider entering through pending orders before the publication of labor market data. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
Strifor || EURAUD-01/05/2024Preferred direction: SELL Comment: Previous trading ideas for this currency pair worked perfectly, and, as expected, the resistance level of 1.64767 has stopped buyers. At the moment, the probability of resuming the downward movement is high. An increase towards 1.65500 is not excluded within the framework of scenario №2 . However, the more likely scenario №1 involves a fall from current prices with a target at the level of 1.63067 . Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Short
by Strifor
3
EURAUD - Wait For The Bulls ↗️Hello TradingView Family / Fellow Traders, On Daily: Left Chart EURAUD has been hovering within a big range between our blue support and red resistance. Currently, EURAUD is approaching the lower bound of the range, so we will be looking for buy setups on lower timeframes. On 1H: Right Chart 📈 For the bulls to take over, we need a momentum candle close below above the last major high highlighted in gray. 📉 Meanwhile, EURAUD would be bearish short-term and can still trade lower inside the daily support. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
by TheSignalyst
1
Strifor || USDCHF-01/05/2024Preferred direction: SELL Comment: Despite the weakness of the franc (only the yen is weaker among the majors), we are also considering the weakening of the US dollar . The European session will be calm, most likely against the backdrop of Labor Day, but the American session will be busy. Of course, market participants will be especially interested in the Fed's decision on interest rates. Against this background, we consider two scenarios with a common target at the level of 0.91424 . The deal is being considered in the medium term. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Short
by Strifor
5
Strifor || EURAUD-30/04/2024Preferred direction: BUY Comment: After negative data on retail sales in Australia , the AUD is losing ground, and here we can count on a short-term weakening of this currency. This trend is also confirmed by technical factors. For the EURAUD currency pair, a test of the area is expected at the level of 1.64767 , where the limit seller area is located. Most likely, this will realize today, the deadline is tomorrow. After which, sales will most likely resume. Additional comments on this trade will be provided as situation changes. Follow us! Thank you for like and share your views!
Long
by Strifor
1
EURAUD Set To Grow! BUY! My dear friends, Please, find my technical outlook for EURAUD below: The price is coiling around a solid key level - 1.6354 Bias -Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6451 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
Buy EURAUD Channel Breakout The EUR/AUD pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a well-defined bullish channel pattern. This breakout suggests a shift in momentum towards the upside and a higher likelihood of further gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying) above the broken resistance level of the channel, ideally around 1.6300 after confirmation of the breakout. This offers an entry point close to the perceived shift in momentum. Target Levels: Initial bullish targets lie at the previous resistance levels within the channel, now acting as potential support zones: 1.6402: This represents the first level of resistance within the channel. 1.6456: This is a further extension of the upside target, based on the height of the recent price movement before the breakout. Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the channel, ideally around 1.6290. This helps limit potential losses if the price unexpectedly reverses and breaks back downwards. Thank you
Long
by KABHI_TA_TRADING
17
EURAUD 1H Short Trade - 1:3 RRRTP: 1.62317 SL: 1.64671 In this trading strategy, we present a compelling opportunity for a long position on the EURAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3. Indicators: EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
Short
by panjikadar
1