EURAUD
EURAUD Will Go Lower! Short!
Here is our detailed technical review for EURAUD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 1.705.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.695 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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EURAUD to see a turnaround?EURAUD - 24h expiry
We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
The rally is close to a correction count on the daily chart.
We look to Sell a break of 1.6950.
A lower correction is expected.
We look to Sell a break of 1.6950 (stop at 1.7010)
Our profit targets will be 1.6740 and 1.6710
Resistance: 1.7070 / 1.7100 / 1.7250
Support: 1.6950 / 1.6850 / 1.6730
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EUR-AUD Strong Resistance Ahead! Sell!
Hello,Traders!
EUR-AUD surged up sharply
And the pair is locally overbought
So after it hits a horizontal resistance
Of 1.7190 from where we will
Be expecting a local bearish
Correction and a move down
Sell!
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EURAUD, EURNZD and AUDNZD - Quick technical pieceWe are seeing strong move in the euro just before the ECB rate decision on Thursday. However, let's not forget that we will get some action from the RBA and RBNZ in the first days of April. MARKETSCOM:EURAUD and MARKETSCOM:EURNZD are at key resistance areas, which could be interesting for the sellers. That said, we have not received any reversal signal yet, so the bears need to wait for a bit.
Let's dig into the technicals.
FX_IDC:EURAUD
FX_IDC:EURNZD
Let us know what you think in the comments below.
Thank you.
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EURAUD — Sell Setup at Key Resistance LevelOANDA:EURAUD is approaching a major resistance zone, highlighted by strong selling interest. This area has historically acted as a supply zone, increasing the likelihood of a bearish reversal if sellers step in.
The current price action suggests that if the pair confirms resistance through signals like bearish engulfing candles, long upper wicks, or increased selling volume, we could see a downward move toward 1.68380 — a logical target based on previous price behavior and market structure.
However, if the price breaks above this zone and sustains, the bearish outlook may be invalidated, opening the door for further upside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
Beginning of correction after 5 Elliot wavesAfter the completion of the 5 Elliot waves I am seeing similarities to past momentum. It looks like the Adam & Eva tops. We are now in the area of the B top formation, then I would expect a hike to the C point area (which is my view around 1.63 if we go by past experience). We have also not reached the 50 EMA, but I believe there will be a quick break of this EMA based on my experience.
Horban Brothers.
EURAUD Bullish breakout retest? The EURAUD currency pair maintains a bullish sentiment, supported by a longer-term uptrend. Recent price action has confirmed a breakout above a key level, but the possibility of a retracement remains, making it crucial to assess both bullish and bearish scenarios.
Key Levels to Watch
Resistance Levels: 1.6980, 1.7070, 1.7190
Support Levels: 16800, 1.6650, 1.6500
Bullish Scenario
If EURAUD sustains price action above the 1.6800 breakout level, it could signal strong bullish momentum. A successful retest of this level as support may provide a foundation for further upside, with key resistance targets at 1.6980, followed by 1.7070 and ultimately 1.7190 in the longer term.
Bearish Scenario
A failure to hold above 1.6800, followed by a confirmed breakdown and daily close below this level, would weaken the bullish outlook. In this scenario, selling pressure could intensify, leading to downside targets at 1.6650, with further retracement potential toward 1.6500 over an extended timeframe.
Conclusion
EURAUD remains in a bullish structure, but price action around the 1.6800 level will be critical in determining the next move. A strong hold above this level could reinforce further gains, while a breakdown below it may trigger deeper retracements. Traders should monitor key support and resistance levels closely for confirmation of the next directional move.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURAUD - Areas of Interest!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURAUD has been overall bullish, trading within the rising channel marked in green, however it is currently retesting the upper bound of the channel.
Moreover, the red zone is a strong resistance zone.
📉 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the resistance and upper blue trendline acting as a non-horizontal resistance.
📈 Moreover, as it retests the lower bound of the channel and blue support, I will be looking for longs.
For now, we wait!⏱️
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURAUD Bullish Momentum in Play — Targeting 1.69500OANDA:EURAUD is trading within a well-defined ascending channel, with price action respecting both the upper and lower boundaries. The recent bounce off the midline suggests buyers are maintaining control, supporting a potential continuation of the uptrend.
As long as the price remains above the support level and the channel's lower boundary holds, the bullish structure remains intact.
A potential upside target is 1.69500, aligning with the upper boundary of the channel. A break and close above this level could signal further bullish momentum.
However, a breakdown below the green support zone would invalidate the bullish scenario and may open the door for a deeper pullback.
Remember, always confirm your setups and trade with solid risk management.
Best of luck!
EUR-AUD Bullish Breakout! Buy!
Hello,Traders!
EUR-AUD is trading in an
Uptrend and the pair made
A bullish breakout of the
Key horizontal level of 1.6777
And the breakout is confirmed
So we will be expecting a
Further bullish move up
Buy!
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EURAUD I Consider This Before Shorting Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
EURAUD at Key decision point, The Week Ahead 03rd March '25The EURAUD currency pair remains in a neutral stance within a longer-term consolidation phase, reflecting indecisive market sentiment. Recent price action has seen an oversold rebound toward a key resistance level, which may define the next directional move.
Key Levels to Watch
Resistance Levels: 1.6740, 1.6812, 1.6950
Support Levels: 1.6517, 1.6400, 1.6350
Bullish Scenario
A decisive breakout above the 1.6740 resistance level, confirmed by a daily close, could invalidate the current bearish outlook. Such a move would indicate bullish momentum, with potential upside targets at 1.68120, followed by 1.695 in the medium term.
Bearish Scenario
Conversely, if 1.6740 acts as a firm resistance and price faces rejection, a downside move could unfold. A sustained decline below 1.6517 may accelerate bearish momentum, targeting 1.6400 (200 DMA) and eventually 1.6350 over the longer term.
Conclusion
EURAUD is currently at a key decision point, with price action around the 1.6740 resistance likely to determine the next directional bias. A breakout higher could open further upside potential, while a rejection from this level may reinforce bearish pressure. Traders should remain cautious and wait for confirmation before positioning for either scenario.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
EURAUD at Key Resistance Zone – Will Sellers Step In?OANDA:EURAUD has reached a significant resistance zone, marked by prior price rejections, suggesting strong selling interest. This area has previously acted as a key supply zone, increasing the likelihood of a bearish reversal if sellers regain control.
If the price confirms resistance within this zone through bearish price action (e.g., wicks or rejection candles), we could see a move toward 1.66260, which aligns with a logical target based on recent structure.
However, if the price breaks and holds above this resistance area, the bearish outlook may be invalidated, potentially opening the door for further upside.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
euraud sell signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
DON'T MISS EURAUD SHORT TRADE📌 Trade Setup Details:
Pair: EUR/AUD
Timeframe: 4H (4-Hour)
Entry: 1.66347 (Sell Entry after Liquidity Grab)
Stop-Loss (SL): 1.66587 (Above Sell-Side Liquidity Level)
Take Profit (TP):
TP1: 1.65000 (Fair Value Gap - FVG)
TP2: 1.64808 (Order Block - OB)
TP3: 1.64309 (Major Sell-Side Liquidity Target)
Risk-to-Reward (RR): Around 1:4
📊 Market Analysis & Justification:
Liquidity Grab: Price swept previous highs, indicating a potential reversal.
Order Block Confirmation: Rejection near the 4H OB confirms a possible sell setup.
FVG (Fair Value Gap): An imbalance below suggests price is likely to fill this zone.
Market Structure: After liquidity grab and rejection, we expect lower lows in the market.
This trade setup follows Smart Money Concept (SMC) and ICT principles, aligning with bearish price action. 📉🔥
EURAUD Massive Long! BUY!
My dear friends,
EURAUD looks like it will make a good move, and here are the details:
The market is trading on 1.6425 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.6503
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
EURAUD What Next? SELL!
My dear followers,
I analysed this chart on EURAUD and concluded the following:
The market is trading on 1.6631 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.6523
Safe Stop Loss - 1.6677
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
MY EURAUD Short Idea 25/2/2025This is a very interesting trade and I took it based of BNP Paribas Research trade they are short on EURAUD and their entry is at this level. However, their stop loss is at 1.6850 feel free to adjust your stop loss if you want to. Their TP is at 1.6100 which is interesting.
I entered short here because the fundamentals for EUR is weaker than the AUD. In short, the interest rates in Australia is higher than in Europe. AUD's interest rate is at 4.10% and EUR's interest rate is at 2.75%.
I think opportunities to short this pair is feasible but we have to watch out because Safe haven assets like Gold is dumping today and we also have Tariff threats on AUD and China. China is heavily tied to AUD so anything that affects China could affect AUD.
I am still shorting the CHFJPY in a DCA style.
EURAUD - Short Setup at Key ResistanceOANDA:EURAUD is approaching a significant resistance area that has before reversed bullish trends. The current upward move into this zone suggests potential selling opportunities if rejection signals appear, such as bearish engulfing candles or upper wicks.
I find that a move toward 1.65180 is likely.
A break above this resistance, however, could indicate a shift in market sentiment.
Just my take on support and resistance zones—not financial advice.
Always confirm your setups and trade with solid risk management.