EURAUDEURAUD is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge.
Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.6520 followed by 1.6800.
What you guys think of this idea?
EURAUD
EUR/AUDHello Traders ,i see 2 entries to continue selling if a price go down less than 1.61800 level with a retest and rejection i see its a safe entry , the scenario diffit if a price up and broke 1.63200 i expect on this case rise to 1.64300 and this a anther good entry to sell, our goals 1.60500 then 1.59000 levels . have a nice day
Daily Frame
EURAUD: Bullish Continuation
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the EURAUD pair which is likely to be pushed up by the bulls so we will buy!
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⚡️EURAUD CMC TRADING ⚡️ 4H ORDER FLOW BIASEDEURAUD has demonstrated notable demand around the 4-hour Order Block (OB). Simultaneously, a ChoCh has been identified on a lower timeframe amidst the prevailing bearish order flow. Capitalizing on this observation, we've identified the responsible OB along with a Former Value Gap (FVG), signaling a potential opportunity for a long entry. The target is set towards the most recent swing high, offering a favorable Risk-Reward (R:R) ratio.
EURAUD Downtrend and Key Resistance at 1.63200In anticipation of tomorrow's trading session, our attention is squarely fixed on EURAUD, where we are actively assessing the potential for a selling opportunity around the 1.63200 zone. Presently entrenched in a downtrend, EURAUD showcases a sustained downward trajectory. The currency pair is currently navigating a correction phase, steadily converging towards the trend at the pivotal 1.63200 resistance area. This numerical level not only holds significance as a historical resistance point but also marks a crucial juncture where the prevailing correction may encounter substantial market forces.
Taking a comprehensive approach to our analysis, we consider both the technical trend in EURAUD and broader market dynamics. The interplay of a persistent downtrend, coupled with the imminent approach to the critical 1.63200 resistance zone, forms the foundation of our evaluation for a potential selling opportunity. As we navigate tomorrow's session, our strategic focus is on pinpointing optimal entry points within this identified numerical zone, aligning our trading decision with the evolving market conditions.
EURAUD: Long Signal with Entry/SL/TP
EURAUD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURAUD
Entry - 1.6349
Stop - 1.6287
Take - 1.6485
Our Risk - 1%
Start protection of your profits from lower levels
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EURAUD Massive Long! BUY!
My dear subscribers,
My technical analysis for EURAUD is below:
The price is coiling around a solid key level - 1.6316
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.6369
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EUR/AUD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
We are going short on the EUR/AUD with the target of 1.628 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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SELL TRADE SETUP ON EURAUDHey Traders,
Check out this technical analysis on EURAUD.
EURAUD is currently trading with descending triangle pattern, so anticipate a retest of the broken support level and consider entering SELL positions.
OR
If price break above the upper band trend line then look for a BUY trade
Keep a close eye on this; it could play out in either direction.
EURAUD Will Go Higher! Buy!
Take a look at our analysis for EURAUD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.639.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.658 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EURAUD - DAILY CHARTWe see a clean retest of a break out on a Daily chart of Pennant Pattern.
This is a profitable signal as its a clean swing analysis.
Our entry should be around 1.64000 / 1.63900
Our target is 1.58516 while we take advantage of the marked TPs.
Proper risk management should be applied.
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EUR/AUD SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
EUR/AUD is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.628 level.
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EURAUD Will Go Higher From Support! Buy!
Take a look at our analysis for EURAUD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 1.633.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.638 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EUR/AUD ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Double bottom
🟠 EP 1.63599
🔴 SL 1.62848
🟢 TP1 1.64350 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 1.65101 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 1.65852 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
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Best Regard / EMA Trading .
Disclaimer:
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
EURAUD Technical Analysis And Trade IdeaRecently, the EURAUD has exhibited a robust downtrend. This video offers an intricate analysis of this trend, thoroughly scrutinizing price actions and unveiling prospective trading opportunities by extensively reviewing both the weekly and daily charts. Prepare for a comprehensive evaluation of price fluctuations, market trends, trend analysis, and essential technical elements. It's imperative to highlight that the content shared here is solely for educational purposes and should not be misconstrued as financial guidance.
✅EUR_AUD BULLISH SETUP|LONG🚀
✅EUR_AU D will be retesting a support level soon around 1.625
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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