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Euraudanalysis

EURAUD 4Hr Multiple Opportunities Short As is, EURAUD is trading below previous Buy-zone. For successful Short trade, rejection confirmation is necessary at prices 1.56045 and 1.55832 However! A very important point to note: Price is ALREADY INSIDE A Monthly timeframe BUY-ZONE, ie 1.53609 | 1.56976 IS Buy-zone for Target 1.63463. This makes 1.54173 | 1.53609 zone have Confluence of Support. Therefore, for this SHORT-TERM Short trade to be a success: Confirm rejection to the downside at prices 1.56045 and 1.55832 Be aware that Buyers are exceptionally heavy at 1.54173 | 1.53609 zone--- Meaning, this is a zone where Long entries can be executed using confirmations. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you. Happy Trading.
Short
by legacyliked
3
EUR/AUD BUY SIGNALHey tradomaniacs, welcome to another free trading-setup! Notice: Keep your risk low due to the current tension in the market. EUR/AUD: Day-Swingtrade-Execution Market-Buy-Order: 1.59345 Stop-Loss: 1.58810 Point of Risk-Reduction: 1.59895 Take-Profit: 1.61560 Stop-Loss: 55 pips Risk: 0,5% -1% Risk-Reward: 4,0 Always add your brokers spread to the stop-loss! LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Long
by Trading2ez
Long EURAUDAfter clearly placing the support and resistance zones, I can see that price has moved into a second ascending parallel channel. First support zone has been respected since May 2017. Middle support zone has been respected since Jan 2019 and both continue to be respected in the present. Since October 2021, this pair started to recreate a similar formation as March 2021 which leads me to believe that price is going to reject of the latest trend and long towards 1.61600. Zoom out to weekly chart to see clearer picture, then zoom into daily chart to see more in detail.
Long
by PassionPipsTrading
EurAud- Where is my buy zone?In the past 2 weeks, I draw attention to EurAud and said that a break above 1.5850-1.59 resistance is probable and, in that case, the pair could rise to the next 1.62 resistance. This happened on Friday... In my opinion, the trend for EurAud is up and we should look for opportunities to buy. Looking at the chart we see that the pair is retracing some of the up move, which is normal after a 400 pips rise in 3 days. This should offer bulls an opportunity to join the trend and a good place for buys is around 1.6 figure.
Long
by Mihai_Iacob
5