Euraudshort
euraud sell setupafter the full top-down analysis, our team decide to sell
but at first, we should wait for a correction to sell at a better price.
******* follow for more ********
EURAUD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Short EURAUDPrice has reached a very significant structure level, so I would expect the strong support zone to turn into a resistance zone pushing price to around 1.48500.
What do you guys think?
EURAUD comment your expectationEURAUD moving up aggressively now the pair is going to meet weekly resistance for first time but in the fundamental EUR is strong but however particular currency cant be weak for weeks..so i think it can go down for sometime ..so i am shorting this pair once it received goldilock zone..
Australian Dollar Iron Ore Prices Causing AUD to StrengthenIn this video I break down why the Australian Dollar is bullish because Iron Ore prices are rallying due to the war in Ukraine.
Iron Ore is Australia's key commodity export, therefore higher prices increases the demand for Australian Dollars.
Watch this video to learn how commodities have an impact on certain currencies in the Forex market.
EURAUD | BULLISH TRENDEURAUD has given a bullish reversal on daily timeframe and making good higher highs and higher lows on lower timeframe confirming a good bullish momentum. The current price is bouncing from the 0.618 fib level which will act as a good support.
The price has potential to go atleast the falling trendline and can break it as well.
Trade your levels accordingly.
EUR AUD ShortEUR AUD formed a head and shoulders pattern that is heading downwards and on the right side of the pattern has also formed a reverse falling wedge and has retested so that the targets are TP 1 and even TP 2. But if the HNS pattern is perfectly formed then the targets are TP 3 and TP 4. can go to TP Bonus.
EURAUD forecast for the next few daysWith EURUSD heading to take a possible fall, the minor EURAUD is also exhibiting the signs of weakening Euro against Australian Dollar. This may be a smaller frame analysis but with the huge engulfing with the last daily candle seemingly warrants to favor the bears.
Technical prospects of the EURAUD Analysis:
1- Proper Head and shoulder exhibited by H4 timeframe
2- Bearish engulfing on daily frame
3- Last possible H4 Lower Trendline broken
Since, Head and Shoulder pattern travels back to its base, or at least near to the base, we might be looking at the trade possibility of 300+ pips. The price chart says that EURAUD is heading down low. The rectangle marks the target support region of the trend.
Best of luck, Happy trading and Happier Profits!
Eur/Aud more fall the price broke a monthly support and now price is less than this support which turned into a monthly resistance with rejection with a retest on a daily frame. Now the price has nothing but access to strong support until it rises again
EUR/AUD - SELLMonthly:
1. Impulse
2. Brake of previous structure
3. Correction on lower timeframe
Looks bearish at this moment
Weekly:
We can see more clearly on the Weekly timeframe
the impulse, brake of structure and correction.
Looks bearish at this moment.
Daily:
Fibonacci is added from lower timeframe
1.Impulse
2.Correction
3. Engulfing Daily candle from Fibonacci level
Going to make a entry on 4h timeframe
4H:
Bearish Engulfing candles and pinbars from fibonacci levels. Good time for entry
RR 1:4
EURAUD retesting weekly zone..will it move downward.lets seeEURAUD after touching support zone multiple zone ..it breaked previosuly previous week..now it came for retest...now i am waiting for go short at perfect time...
if we go short here we can catch easily 400 + pips.
EUR/AUD Full Update And My View For The Next Few Days This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURAUD Playing A BreakdownIn this update we review the recent price action in EURAUD and identify the next high probability trading opportunity and price objectives to target.
EURAUD- Short After Breaking key Zone of Resistance - and RetestMarket broke key resistance and then did a retest. Likey yo sell and continue the downward trend.
EUR/AUD Short IdeaDouble Top Formed On Daily Timeframe.
Bearish Trending Channel.
8 & 18 MA's Trending Bearish.
Break of Daily Trendline.
**Possibly a good price to enter at current market, can always look for a closer entry point on a smaller time-frame.**
*Target is at the start of the broken daily trend-line.*
Eur/Aud Bearish we have a descending channel and faced a support and broke it now turned a resistance expect continue price in the descending channel
Double top?as we can see it became a double peak in the resistance area while the price for the last month is inside a down channel.
there is a risk for sale but for some pips it is good. We are looking for a sale when the price breaks below 1.5580
EURAUD| EXPECT SOME BOUNCEEURAUD has reached to important support zone and a bounce is expected from it now. Since 25th Nov 2021 the pair is trading above this support zone. A little time it will spend here and falling trendline is the guague for bullish reversal.
Alternatively, breaking below the support will continue the bearish spell and expect more sell of from it.
Trade your levels accordingly.
euraud ready to drop are you ready ?euraud ready to drop are you ready ? we expecting bearish move downtrend start
EURAUD SHORT Price has been moving bullish for serval day. The bullish move seems have reached its peak and the price action shows a potential exhaustion.
We have spotted 3 potential confluence which are inline with our idea of shorting the pair.
The risk reward of this trade is around 3.9:1.
EURAUD | Breakout insightEURAUD, price has been in congestion for a long amount of time now and we are looking for breakout anytime now. Price is standing at good support and if breakout appears over trendline one can enter long in here.
Alternatively, break of support zone will calls bears back in the party and attempt short position from there.
Trade your levels accordingly.
EURAUD Intraday ShortsI really think this pair is going to zoom soon enough, but this looks decent for a another leg here just to equal bottom.
Not in this trade as of yet, one position of 0.5% risk will be used. Waiting for an alert to get hit to make me pay attention.
