EURAUD - SELLdouble top situation and price is moving between the trend line.
Note: Trade at your own risk
Euraudsell
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
I believe that we could be seeing a retracement back to the downside before continuing to push higher. I want to see us come down a bit before I consider taking a trade.
EURAUD potential bounce!
EURAUD expected to reverse up to 1st support at 1.76612 where it could potentially react and bounce to its resistance at 1st resistance at 1.87001.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
EURAUD has been going a bit sideways at the moment. I believe we could have a nice short trade around the corner. I would like EURAUD to push up to retest 1.8800, if we can see a clean rejection we could melt down to potentially 1.8500 and possibly lower if the bears take control. This pair is also at the top of our watch list.
EURAUD potential bounce!
EURAUD expected to reverse up to 1st support at 1.75154 where it could potentially react and bounce to its resistance at 1st resistance at 1.88621.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Also looking very interesting. If we can manage to stay below resistance we could possibly look for shorts soon, but it is still too early to tell.
EURAUD: Ascending Channel PatternThanks for Taking Interested in my Trading Idea.
EURAUD: Ascending Channel Pattern
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EURAUD (up or down) Pick your poisonThis is just my opinion since i don't trade this market but from what i see, i think the market is going down coupled with "news" of the coronavirus intensifying.
DISCLAIMER
Please note that this chart is an opinion based chart only. Please trade at your own risk
SHORT EURAUD - Price Decline Risk 06/03/2020I expect the start decline of EURAUD in wave 1 or A.
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EURAUD reversed from resistance, potential drop!
EURAUD reversed off its resistance at 1.68543 where it could potentially drop further to 1.64935.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD, Focus and WaitWe expect a accumulation in the KL (where the value is now standing) and after of this, a fake out in the simetric triangle before the big fall of the value, this fake out could give us a 50% of fibo, what confirms to us a good moment to go in, but after the entry in the value, we need some confirmations, the first one of course is the finish of the accumulation, the second one is the fake out, the third one is the 50% of fibo and the last one could be a candels pattern who give us the best entry
EURAUD SELL VIEW DESCRIPTION FOR EXPLANATIONHi everybody, I've taken a sell on EURAUD as we've reached a high point once again and we were in a consolidation period we have now broken it hopefully and will continue to go downwards I entered into the trade a little late but no big deal as my prediction is this pair will drop heavily due to the trade balance news coming out at 7:30pm EST. Lets get these pips!!
Possible Head and Shoulders?Looks to me at the top of my marked area e can see some kind of had and shoulders pattern maybe forming/ failed attempt at creating higher highs. This is giving me an idea that the market may crash down.
Looking to enter at around 1.68755
Trail 6.82941
With targets around
1.611 and 1.62547
Care with this one, many traders have tried to sell it and so far it hasn't given any reversal potential until no * At least for my liking*
EURAUD and the SHORT entryAs you can see, the value is starting to fall after a big increase, we expect a fall at least to the weekly, but the value can arrive lower, so wait the best entry and good luck with your operations!
EurAud- correction around the corner?
From 1.61 EurAud has risen continuously for 9 consecutive days reaching a value of over 1.71.
With RBA cutting rates 50 minutes ago (at the time of writing) and thus having no effect on the market, we can conclude that the cut was already taken in the price.
A technical correction is inevitable for this pair and we can see the price falling to the support area from 1.66
Euraud interday trade Setup i m expecting time to sell Euraud interday trade Setup i m expecting time to sell
euraud touched the upper trendline & ended with a wick.price of the euraud hit the upper trendline and ended with a nice wick where the bears are turned in to the market. with a bullish audusd/audjpy in mind, we certainly can expect a bearish euraud for the upcoming days where we can see that the price can fulfill the targeted areas
EURAUD, SCALPER and SWING entries!In this moment, the value can't surpass a supply zone, so we expect a short zone to retest our trendline and to retest the 38% of fibo, we will have an accumulation zone too, so our firt tp could be in 1.68000, thats the minimum i expect that the value will fall after the big rise.
I have explained the short entry, we will have after of this a long entry, for more ANALYSIS and UPDATES, FOLLOW me and give a LIKE for more pips!!
EURAUD reaches the Channel TOP once again, SELL?EURAUD has rallied to the channel top driven by the dramatic sell-off in risk assets like AUD.
Now, is it possible that we can get a sell entry here?
As you can see in the chart, on all the previous occasions, the price dropped after hitting the channel top.
So, yes, there is a possibility of a drop. But, for that to happen we need to see improvement in risk appetitive and a healthy correction in the stock markets. If that happens then EURAUD is going to drop.
EURAUD and the SELL ZONEWe need to wait a little but the sell zone is there, we have a evening star that says to us that the value needs to fall before continuing the rise, we also need a retest in the downtrend and a previous accumulation in the KL, this could be also a confirmation to rise up, the EXY is starting to fall so care about this accumulation because it could go down without this accumulation and accumulate in the future increase.
EURAUD Short! Critical Levels 1.67479/1.67587/1.68292/ 1.69902 See next posts for zoom into these levels.
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EUR/AUD SHORT SET UP SELL EUR/AUD
ENTRY 1 1.65640
ENTRY 2 1.65840
SL1.66040
TP.1 1.65280
TP.2 1.64980
TP.3 1.64680
