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Euraudanalysis

RBA raises interest rates and signals for AUD bullishThe Australian Central Bank raised interest rates more than market participants expected and signaled they could increase interest rates more in the coming period to curb high inflation. The RBA this morning raised interest rates by 25 BPS to 0.35%, This is a the first to do so in almost 15 years as Australia is in elections. However the RBA is also firmly committed to doing what is needed to ensure that inflation in Australia returns to target over time and this requires further rate hikes over the coming period, Governor Philip Lowe said. Market Direction By looking at the above phenomenon, it can be ascertained that the strengthening of the AUD currency in the future can last a long time because it is predicted that the Australian central bank will raise interest rates to reduce the impact of prolonged inflation, the above conditions will have an impact on the pair: Pair EUR/AUD Tend to be under pressure Bearish Entry Sell R1: 1.5019 R2: 1.512265 R3: 1.521558 Take Profit S1: 1.466516 S2: 1.453291 S3: 1.43971
Short
by LeoAndreDarmawan
EURAUD | New perspective | follow-up detailsA follow-up detail on the EURAUD that was published sometime last week (see link below for reference purposes) where unfortunately price hit our stop loss as the bullish momentum we were expecting didn't show up. The Euro continues to rise against the Aussie inside the 4H timeframe which is evident with a visual representation of a bullish trendline. In the coming week, we want to be looking for opportunities to take advantage of this bull move if it finally happens. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
EURAUD | New perspectiveDespite a long-term downtrend scenario on the higher timeframe, I am of the opinion that we might be on a verge of a bullish surge in the near future. In this video, I explained how a rising reversal pattern is identified on the 4H time frame where the breakout of structure yesterday might be a signal for an upside move. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
EURAUD | Don't miss this buy opportunity.When it comes to the technical analysis of EURAUD , you might get an impulse to the upside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a buy opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area. And also don't forget to place the stop just below the entry area. Just in case, if it breaks the support area, better don't go short; wait for the next support area(BEST ENTRY AREA 2). What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. If you find this technical analysis useful, please like & share our ideas with the community. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by maxprofwizard
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