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Euraudsell

EURAUD Technical Analysis and Trade Idea👉🔍 In this EURAUD analysis, we explore the higher time frame charts which currently indicate a bearish trend with a retrace into resistance. However, price action shows a strong bearish move after todays data release favouring the AUD. Im looking for a possible short term bullish reversal into resistance for a sell opportunity. It's important to note that this is speculative and not a guaranteed forecast. It's prudent to watch for certain price movements to verify a genuine reversal. This video provides a close look at the trend, market structure, and price action. Remember, this content is for educational purposes only and trading carries significant risk. Always ensure you implement strong risk management strategies in your trading practices. 📈🔔
Short
by fxtraderanthony
2
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 fxtraderanthony
EURAUD I Potential short from resistance 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!
Short
by BKTradingAcademy
2
EURAUD I Short and long trade plan 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!
Short
by BKTradingAcademy
2
EURAUD I Potential bearish continuation 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!
Short
by BKTradingAcademy
2
EURAUD I Scalp & Intraday Short from resistance zone 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!
Short
by BKTradingAcademy
1
The only way to be happy is by shorting the EURAUDAUD perspective: Positive: - The Australian economy is weakening, BUT compared to the European "experts" it is holding up quite well (very difficult I know) -> there is no sign of a recession in Australia so far, quite the opposite of the Eurozone, I had already predicted the inevitable recession in my EURCAD trade idea here - Retail sales came in stronger than consensus expectations (+0.3%) at +0.9%. - Inflation came in WAY higher than the market or the RBA expected, forcing the Reserve Bank of Australia to raise rates at least 1 if not 2 more times. - The market is pricing in the fewest rate cuts for the RBA in 2024 (none at all) - due to the shaky sentiment, the AUD should not appreciate in a one-way street, but rather steadily and constantly BUT: as the old saying goes: "A good kangaroo only jumps as high as it has to." Negative: - The trade balance has weakened somewhat recently - Any risk-off episode (e.g. an escalation of the Middle East conflict) would hurt the AUD - China is increasing its fiscal packages for the economy, but so far the recovery of the Chinese economy has been rather sluggish. I don't need to say much about the sad outlook for the euro, as I have already covered this sufficiently in the previous trade ideas, whereby all my predictions have materialised -> Eurozone inflation fell to below 3% as I forecasted in July -> the ECB had to massively reduce its GDP forecasts (which are still too high) -> Germany is in a prolonged recession and will continue to be so into next year Sad for the Eurozone economybut good for my EUR shorts, these are making me very happy :)
Short
by PrimeTrading
131
EURAUD Trading Plan 28/Feb/2024Hello Traders, Hope you all are doing good!! I expect EURAUD to go Down after completing this wave. Look for your SELL 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.
Short
by For3xScalper
EURAUD I Bearish market structure and more potential downside 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!
Short
by BKTradingAcademy
4
EURAUD !! Trend DOWN, SELL now⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: DOWN trend, stable trading below the EMA lines, establishing a SELL signal ⭐️ SET UP EUR / AUD PRICE: 🔥SELL zone: 1.65200 - 1.65350 SL 1.65800 TP1: 1.65000 TP2: 1.64700 TP3: 1.64300 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Short
by Nova-Scalper
2