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Euraudshort

Possible sell setup for EURAUDEURAUD has been in a clear downtrend since October 2020. This trend is quite clear from the daily timeframe to 4hr and 1hr. Price pulled back and broke our of the down trend breaking my resistance trendline however it failed to takeout the previous lower high and retreated back to close below the resistance trendline. I have adjusted my trendline to the new lower high. I had a support trendline for the pullback on this sell and it has been broken confirming that I can get back into the sell. Price created a support level before it broke my support trendline. I am waiting for a pullback to that level and a reversal pattern for me to enter on this pair.
Short
by CaitlinAmanda
EURAUD BEARISH Continuation...Strong Downtrend MovementToday, we managed to see a BULLISH candle retesting the trend resistance level, also testing our MA and EMA. As of now, I am expecting great bearish pressure on EURAUD and I am expecting a rejection from here. We will be eyeing for 461.8% fib level. However, do take note that we have yet to see any confirmation candle on this pair. Refer to lower timeframe for this. If we managed to see price breaking up our downtrend, do expect a strong BULLSIH retracement. As of now, I am BEARISH on this pair but do take note on the movement and adapt accordingly. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Short
by YGForex
2
EURAUD to continue bearishHey guys, new month, new opportunities to make money. My first analysis is on EURAUD. If you agree do like, if you dont do comment why and please follow for more analysis. :) Daily, we can see it is moving between this channel beautifully and even respecting it. Last week, we saw a huge push to the upside after it touched the weekly key level but it didnt break the trend, rather it has made a lower high and I have placed the Fibonacci Retracement tool and it closed right below the golden 61.8 level. H4, we can see it is sitting at a daily key level, not yet broken, I would enter if H4 breaks and retest this level or for a better confirmation, wait for daily to close below. I have no orders on this pair yet. Please do enter cautiously and with proper risk management. Please do like, comment and follow for more analysis. Next I am analysing BTCUSD ;)
Short
by saynfx
3
EURAUD - Bearish BiasEUR - BEARISH 1️⃣ A number of ECB officials suggested the bloc's monetary authority stands ready to provide more stimulus if needed to keep yields down and support the economy. 2️⃣ Investors continue to monitor the slow pace of COVID-19 vaccination in the EU and its impact on Europe's economic recovery. AUD - BULLISH 1️⃣ Strong risk sentiment boosted the Aussie from 5-week lows after the US Congress approved President Biden's $1.9 trillion coronavirus relief package. 2️⃣ Reserve Bank of Australia governor Philip Lowe rejected market expectations of an early increase in interest rates, insisting it will not lift its record-low cash rate of 0.1% until the jobless rate falls far enough to generate higher wages. 3️⃣ Australia's inflation expectations increased to an 11-month high of 4.10% mom in March. ===== Technical ===== We are looking to sell the EURAUD at SBR + below SMA 50 on the H1 chart.
Short
by MonsunAsia
EURAUD - swing trade The deal is for a couple of weeks, maybe a month. After the breakdown, it would be worth holding the trade open until the target. You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
16