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Euraudbuy

EURAUD Technical Analysis and Trade Idea👉 In this analysis, we focus on the higher time frame charts for the EURAUD currency pair. Currently, these charts indicate a bearish outlook. However, we observe that the price has traded into a key support zone. Additionally, the market appears to be overextended. In the accompanying video, we discuss a potential retracement and a trade idea based on the Fibonacci retracement levels (specifically, the 50% to 61.8% range). It's essential to recognize that this assessment is speculative and not a definitive prediction. To validate a true reversal, close monitoring of specific price movements is necessary. The video provides an in-depth analysis of the trend, market structure, and price action. Always remember that trading involves substantial risk, so prioritize robust risk management strategies in your decision-making process. 📊✅
Short
by tradingwithanthony
EURAUD: A huge swing buying opportunity is forming 800+ pip moveOANDA:EURAUD Price has created a unique pattern which suggest that buy swing impulse is in making, we have seen how price has behaved, upcoming news might also impact on how price may move. Long term target consist 800+ pips move. If you are planning to take this trade then please use accurate risk management and do your own research too. **If you like our idea, then please like, comment and follow us which will encourage us to bring more educational content** Team Setupsfx_
Long
by Setupsfx_
3
EURAUD I Neutral bias and what I expect next (trade update)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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
by BKTradingAcademy
EURAUD: 10/04/2024 | SetupsFX_ |Dear Traders, As we had explained before that EURAUD is likely to rebound once it come nears to a discounted price zone and price just did the exact same thing. Currently, we need ample volume for momentum to begin upwards, this trade currently in beginning stage and it is likely to continue rebounding as we progress. We need to keep an eye out at the downtrend trend line which remain vital for our trade to hit our target. If price rejects there then it is likely that it will create another lower low and may continue dropping. Good Luck and Trade Safe.
Long
by Setupsfx_
11
EURAUD Trading Plan 10/Apr/2024Hello Traders, Hope you all are doing good!! I expect EURAUD to go Up after completing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Long
by For3xScalper
EURAUD I It will bounce from demand zone - BUY 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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
EURAUD 113 PIPS LONG READ DESCRIPTION 1. **Support and Demand Zone**: EUR/AUD is currently within a buying zone, specifically situated in a support and demand area spanning from 1.65560 to 1.65680. This suggests a region where buyers are likely to enter the market, indicating a favorable area for initiating long positions. 2. **Trader Sentiments**: The sentiment among traders for EUR/AUD reveals that 62% of traders are holding long positions, while 38% are holding short positions. This sentiment leans towards the bullish side, implying a positive outlook for the pair. 3. **Technical Analysis Indicators**: - Daily Summary: The daily summary indicates a strongly bullish sentiment, with 15 buy signals, 9 neutral signals, and only 1 sell signal. - Moving Averages: There is a strong buy signal in the moving averages, with 15 buy signals, 1 neutral signal, and 0 sell signals. - MACD, Momentum, Bull Bear Power, CCI, RSI, ADX, Stochastic, Stochastic RSI: All these indicators are signaling buy opportunities, reinforcing the bullish bias. - ATR (Average True Range) and Average Intraday Range %: These indicators suggest a high level of volatility, with an average intraday range of 91.61%, indicating ample trading opportunities. - EMA (Exponential Moving Average) and SMA (Simple Moving Average): Both EMA and SMA (ranging from 10 to 200) are indicating a buy signal. - HMA (Hull Moving Average): The HMA (9) is also signaling a buy. 4. **Trade Targets**: According to your analysis, there are two target prices set, with a target of 113.1 pips. These targets provide clear objectives for traders and help in managing risk and profit-taking strategies. In conclusion, the technical analysis, combined with trader sentiments, suggests a strongly bullish outlook for EUR/AUD. The current positioning within the buying zone and support and demand area indicates a favorable opportunity for long positions. Additionally, the plethora of buy signals across various technical indicators reinforces the bullish bias. Traders should monitor the trade closely and adhere to risk management strategies, considering the high volatility indicated by ATR and average intraday range %.
Long
by MOAZAM1133
EURAUD I Intraday long opportunity from support zoneWelcome 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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
EURAUD I Ranging but expect price to react from EUR CPI data 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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
by BKTradingAcademy
EURAUD | 4 Hour Bullish ContinuationEURAUD could fall rise if it can stay above 1.64585. Why 1.64585? The price for the EURO is increasing which means Australians have buy the Euro at a higher price. But what is this is the time for them to buy it at discount before it goes back up? Evidence High(H) & Low(L) Per the 4 our timeframe, price is increasing. The current rise price of the Euro price per the Australian Dollar has been 1.66052(H), 1.64584(L), 1.66123(H), We can see the high and low prices are increasing hence what is called Higher highs and higher lows. Actions The best action to take is to buy since currently the trend is up. That is what the chart per this timeframe is showing. If this trade plays out there is possibility price could pass the high at 1.66123. Sidenote: Your Reward to Risk will vary from mine analyzing this trade using your own risk management strategy and trading plan. What can invalidate this trade? If price pushes lower than 1.64585, the trade in invalidated. Should you trade this? If this fits how you trade, yes. If not no. Let's keep it that simple. I hope you enjoyed this analysis. Like this post and share it if you did.😁 Many blessings, Shaquan
Long
by ShaquanLopez
EURAUD I Scalp & intraday long opportunity Welcome back! Let me know your thoughts in the comments! ** EURAD 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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
2
EURAUD Technical Analysis and Trade IdeaThe EURAUD is currently exhibiting a bullish bias with increasing momentum. On the 4-hour timeframe, a retracement has brought the pair to a key support level, potentially presenting a trade opportunity at the Fibonacci 61.8 retracement. It's crucial to note, however, that the pair is currently somewhat extended, leaving the possibility of further downside before establishing a firm footing. In the video, I analyze two potential trade scenarios: one for the 4-hour timeframe and another for the daily timeframe. While I believe these strategies merit consideration, please remember that this information is intended for educational purposes only and should not be construed as financial advice. It's essential to conduct your own due diligence before taking any trading positions.
Long
by tradingwithanthony