Euraudlong
EURAUD (Euro / Australian Dollar) Currencies Analysis 30/03/2021we can see the Bullish Divergence with MACD which is the sign of bearish trend reversal and start of new Bullish wave or some retracement of the bearish wave
there are total of 3 Targets defined
the 3 TP gets it confirmation if the 2 TP gets triggered and followed by some price retracement and the Support area shall be compromised
💡Don't miss the great buy opportunity in EURAUDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.5720).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.5812
TP2= @ 1.5880
TP3= @ 1.5950
TP4= @ 1.6049
TP5= @ 1.6170
SL= Break below S2
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💡Don't miss the great buy opportunity in EURAUDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.5720).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.5812
TP2= @ 1.5880
TP3= @ 1.5950
TP4= @ 1.6049
TP5= @ 1.6170
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
EURAUD with room to FLYDon't forget to click on the follow button for more daily detailed analysis. Also, please ask any questions should you have them!
Here we have our EURAUD chart.
Our TECHS are lining up for a long move.
There is plenty of room for it to go with the directional arrow NOTING the target area for an exit.
Likely to be a SHORTER term trade.
EURAUD: Fake BreakoutI believe we may be witnessing a fake trendline breakout here on EURAUD due to the fact that the main demand is still being rejected.
We created EQL's within the demand which has now been liquidated, this could be enough liquidity for the banks to make a buy move.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
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Divergence signals and buying opportunities with EURAUDH4 time frame.
Structure: Uptrend.
At the price zone of 1.57000, a divergence signal and a double bottom reversal pattern appeared.
Waiting for the price to break the Key level at 1.59000 and the retest signal to confirm the uptrend, we can find buying opportunities.
Profit target is 1.61500 and 1.64000 price zone.
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Wish you all have a good trading day!
EURAUD to dip and riseFor more daily detailed analysis, don’t forget to click on the follow button. Also, please ask any questions you may have and I will be happy to answer them.
The EURAUD recently hit our targets and we are looking to RE long on smaller TFs. Longer term move is upwards to more comfortable resistance.
We will look for this move out after the next dip in price.
EURAUD Plan to comeDon't forget to Click on the follow button for more daily professional analysis. Also please do ask any questions should you have them!
With Eyes on news sentiment and the ECB the EUR has seen a recent rise up.
The EURAUD has seen a recent rally from the lower end of our P channel.
This move up will continue after a dip. It is not likely to fly all in one direction immediately.
Stochastic oscillator is in line for a short and we are off the MA's.
Price direction is seen on chart by directional arrows.