DeGRAM | EURAUD trend continuationEURAUD is moving sideways in the ascending channel.
The market has tested the resistance twice, and there's a high chance that a third time it'll break it.
Price made higher highs and higher closes, indicating a bullish trend.
We expect a breakout of the resistance, a pullback, and its continuation.
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Euraudsignal
EURAUD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
EURAUD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
EURAUD and GBPAUD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
DeGRAM | EURAUD oppportunity to buyEURAUD is moving in the ascending channel after breaking out of the descending channel.
Price made higher highs and higher closes, indicating a bullish trend.
The market is approaching the major resistance level.
We expect a retest of the resistance level.
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EURAUD ____ INCOMING BEARISH MOVEHello Traders,
EURAUD recently traded into a strong monthly supply zone and since then has printed a bearish price structure. What I would like to see is if there will be a 1-hour CHOCH to take a short from the weekly order block.
What you should notice is that we have a daily sell-side liquidity to be swept which is just above the weekly demand order block.
Something of concern is the daily order block and the equal highs (buy-side liquidity) in the weekly order block.
WATCH OUT!!!
Follow me for more market breakdowns.
Cheers,
Jabari
EURAUD : Short Trade , 4hHello traders, we want to check the EURAUD chart in the 4-hour time frame. The price is moving in a descending channel and towards the downward trend line, as well as the key level of 1.63300 and 1.63500, which the price has reacted to several times in the past. It has pulled back. We expect the price to maintain its downward trend and fall to the specified targets. Good luck.
EURAUD sell Entry : 1.63200
Target1 : 1.60950 , Target2 : 1.58600
DeGRAM | EURAUD structure based tradeEURAUD is in a ascending channel and is in an uptrend on the 1H chart.
However, the price is near the structure resistance on the 4H chart.
The market is decelerating at the psychological level at 1.61000.
Price is likely to go down from the resistance level and fibo extension level.
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EURAUD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
EURAUD ____ INCOMING SHORT TRADEHello Guys,
EURAUD traded into a monthly order block, which caused a sell-off in price. Price is likely to continue this sell-off as the structure remains bearish which is understandable because the monthly order block this pair traded into is a strong one.
Right now, I expect the price to retrace into the weekly order block for me to take a short. This will be validated if I see a CHOCH in the 1Hour timeframe.
Also, as I am expecting a retracement in EURAUD, I am looking to enter a long trade on EURUSD.
Follow for more trade analysis.
See my analysis on EURUSD below.
Cheers,
David
DeGRAM | EURAUD psychological level EURAUD is testing the psychological level at 1.62000.
Price is trading in the ascending channel, which acts as dynamic support.
We can see that the price has entered the consolidation zone and bounced off the level multiple times.
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AUDUSD and EURAUD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
EURAUD Strong support Short opportunityHi traders!
According to my analysis, the EUR/AUD currency pair is expected to decline, presenting a potential short opportunity. The basis for this expectation is the recent crossing of the price below the 200-period Weighted Moving Average (WMA), indicating a bearish signal. Additionally, there is a strong support level that further strengthens the case for a downward movement in the price. Traders may consider capitalizing on this situation by initiating short positions in the EUR/AUD pair, anticipating a potential decrease in value. However, as market conditions can be unpredictable, it is essential to conduct thorough research and employ appropriate risk management strategies before making any trading decisions.
Have a great trading week ahead!
DeGRAM | EURAUD structure based tradeEURAUD is in a ascending channel and is in an uptrend. However, the price is near the structure resistance, which is a psychological level at 1.6500.
The market made a divergence, meaning the market made a shallow new high.
Price is likely to go down from the strong resistance level .
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EURAUD : Short Trade , 1hHello traders, we want to check the EURAUD chart in the 1-hour time frame. The price has broken the ascending channel to the bottom and is pulling back to the key level between 1.63600 and 1.63900. We expect this level to act as a resistance level for us. Play and maintain the downward trend of the price and fall to the specified targets. Good luck.
EURAUD sell Entry : 1.63875
Stop : 1.65355 , Target1 : 1.62400 , Target2 : 1.60920
Risk/Reward Ratio : 2