Euraudsell
EURAUD CAN FELL DOWN FROM HEREHi Everyone,
I have short idea here , because of
Rejection/Resistance for SR level
fibo level is between 61-50
Pin Bar Setup.
Hope all works.
Happy Trading
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
EA rejecting off the trend line, looking like a decent short for the time being. I would like to see us push up again and reject off the trend line once more. Possible trades soon, watching EA very closely.
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
EA practically stuck on the trend line still. You may have heard me mention that you have to be extra cautious taking trades around trend lines because there is a lot of indecision in the market which leads to confusion. So for the time being I am going to step aside and let EA do its thing.
EURAUD - Short Sell with SL and TP=> EURAUD: Sell <=
=> Entry: 1.6265
=>1st SL: 1.6350
=>2nd SL: 1.6450
=> 1st TP: 1.6245
=> 2nd TP: 1.6225
=> 3rd TP: 1.6200
=> 4th TP: 1.6165
=> 5th TP: 1.6100
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EURAUD- Short Sell with SL and TP=> EURAUD: Sell <=
=> Entry: 1.6208
=> 1st SL: 1.6250
=> 2nd SL: 1.6295
=> 1st TP: 1.6198
=> 2nd TP: 1.6188
=> 3rd TP: 1.6170
=> 4th TP: 1.6140
=> 5th TP: 1.6100
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EURAUD - Short Sell With SL&TP=> EURAUD: Short Sell <=
=> Entry: 1.6225
=> 1st SL: 1.6250
=> 2nd SL: 1.6300
=> 1st TP: 1.6210
=> 2nd TP: 1.6195
=> 3rd TP: 1.6180
=> 4th TP:1.6105
EurAud broke supportEurAud has made a double top on 1.63 zone a few days ago.
The neckline of the pattern is broken and we can expect the pair to continue its fall
Firs support came into place at 1.61 followed by 1.6
Strategy:
Sell rallies
SL @ 1.6270
Target 1 @ 1.61
Swing target @ 1.6
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Strong bearish movement right now. Overall in a uptrend but this pair has been choppy.
Sitting on my hands right now for the time being with this pair.
EURAUD Market Outlook | Daily Forex Market BreakdownEA pushing up as previously mentioned. Keeping a sharp eye on EURAUD. Looking VERY good for next week!
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Pushing back up a bit, bit choppy today as it has been all week. Expecting possible AUD strength right around the corner. I feel EA is going to push up and test highs before completely rolling over to the downside. Great short opportunity developing.
EurAud- towards 1.6 important support?From the August top, AudUsd was trading downwards, with 4 lower highs and clear support at 1.6.
A daily close under 1.62 would announce a false break and would open the door for the 1.6 important psychological support
Strategy:
Sell the break
SL @ 1.6330
TP @ 1.6
EURAUD bounced from support, potential for a further rise!
EURAUD bounced off 1.61905 where it could potentially rise further to 1.62699.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Euraud h4 outlookEuraud h4 outlook
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your support!
Tradewithsam
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Pushing back to the upside looking like a decent short opportunity, I am not jumping in yet but I am watching very VERY closely. This is looking really nice, but it will be smart to sit on our hands for the time being.
EUR/AUD Head & Shoulder PatternEUR/AUD is likely to form a Head & Shoulder pattern on the 4hr chart.
Expecting price to drop , waiting for price action to confirm.
Focus Time Frame: 4H/1H
Market Condition
1D Short Term: Downtrend
1D Long Term: Uptrend
EURAUD - SELL HEAD AND SHOULDERexpect $ to drop from resistance #1 to support #2, head and shoulders forming
EURAUD 4H SHORT EURAUD 4H SHORT. if uptrend channels support lline not broken tp1 and tp2 will in process if trend broken. 0.618 fib level is the target. and price will make a pullback at this level
