Euraudtrade
EURAUD SHORT IDEAON THE WEEKLY CHART, PRICE BROKE OUT FROM THE ASCENDING WEDGE AND IS CURRENTLY DOING A PULLBACK FOR THE BIG MOVE
ON THE DAILY PRICE BROKE OUT OF THE ASCENDING WEDGE (WHICH IS THE PULL BACK ON THE WEEKLY) AND HAS GONE INTO CONSOLIDATION
i AM EXPECTING PRICE TO BREAK OUT OF THE BOX AND THEN i WILL SHORT THIS PAIR.
MY EYES ARE ON THE 1.5700 AREA.
EURAUD possible big move towards lowsEURAUD broke out the uptrend line and just retested. It is very much likely that the market will retest the lows. Momentum indicators supporting the view, i am looking for sell setups for a target to the lows.
EURAUD short speculationEURAUD is in a bearish trend according to our indicator, we can either sell at CMP or wait for a pullback.
Weak... ISH Euro!Euro is still on the weak side for me this week along with the US Dollar and Pound. Nice simple set up here, hammer candle formation at a descending trend line. Target at fib extension, done.
EURAUD Buy Trade Possibility!!Just Opened A EURAUD Trade, Basis Trend Continuation. SL at 1.6062 Levels and TP at 1.613 Levels
EURAUD testing channel resistance!Price is testing major descending resistance at 1.5419 (bearish channel resistance, horizontal overlap resistance, 61.8% Fibonacci retracement) and a strong drop could possibly occur at this level to push price down towards 1.5285 support (Fibonacci extension, horizontal swing low support). Our next major level of resistance is at 1.5478 (78.6% Fibonacci retracement, horizontal break out resistance level).
Stochastic (34,5,3) is seeing major resistance below 96% where a corresponding drop could occur.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
EURAUD-Short termEURAUD picks up a nice momentum, i am looking to go long around 1.5039-82 for a target to 1.5175, with stop below 1.4999,
Disclaimer: Please Note, all analysis shared are my own views, they are not intended as an advice but entertainment only. Markets are uncertain so the outcome of any trade idea. Do not risk more than 1% of your equity.
Sell EURAUD Short Term Based on 30m TF Double Top Chart PatternThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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EURAUD - At ResistanceEURAUD finds itself at resistance (88.6% Fibonacci retracement) inside of a weekly sell zone with the 4HR Stochastics overbought and RSI diverging.
We are expecting RBA Monetary Policy Meeting minutes at 02:30GMT which could be the catalyst that moves EURAUD.
A hawkish tone from the RBA could send EURAUD lower, and a poor German GDP print at 07:00GMT would further help push price lower.
ABC PATTERN IN EURAUD - 4H CHARTHey guys,
Waiting for a pullback and confirmations to buy! Will be posting updates!
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Hey chicos,
Esperando al pullback y confirmaciones para comprar! Iré publicando actualizaciones!
Carlos
EURAUD - LONG TERM BUY WEEKLYEur/Aud - Weekly chart - I see a break of trend structure on weekly chart so I am expecting bullish moves from this pair now. Looks like we may have created a higher low on weekly chart. great risk to reward.
EUR/AUD - 200 Pips+ Short OpportunityEUR/AUD seems to have broken it's bullish trend and now is deciding whether it can breakout it's support and fall further down.
We can also see there is Moving Average Convergence Divergence with the MACD with higher highs with the candlesticks and lower lows with the MACD.
I suggest to wait for the breakout, but this could very well be a good setup.
Always trade after your own analysis and money manage properly.
Happy trading!
BreakageFor the previous days, the EURAUD pair has been continuously consolidating few pips above the support-now-resistance area. Due to the unwillingness of the bulls to fight on, it was hugely followed by a series of bear attacks. This of course, after another formation of inside bar, has made me point out to enter a short position for a quick trade.
EURAUDOur preference: position bought above 1.4820 with targets at 1.4950 & 1.4990 in extension.
Alternative scenario: in break of 1,4820, a continuation of the decrease will be envisageable with 1,4775 & 1,4720 in line of sight.
Comment: The RSI is well oriented.
EURAUD long based on Mongerskit Trading System We have a buy signal generated on EURAUD supported by our technical analysis.
Incase of a pullback, we expect a retest of the daily support and a rally to top.
EUR/AUD - 200 Pips Long OpportunityThere is a good opportunity to catch 200 pips when EUR/AUD finally breaks it's resistence.
Be on the lookout, when you do confirm the move with your own analysis, get in it professionally with the right risk management.
This is simply an idea, always make your own analysis before investing.
Happy trading!
EURAUD AT TOP OF TREND CHANNELLooking for some downside here in the EURAUD since it has made its way to the channel upper trend line. The time to consider short trades is at this point with a target of the channel lower trend line.
EUR AUD bounce down to jump to 1.425If this demand level still have buyers, no supply on a way to 1.425
