EURAUD show Bearish PatternHere we see a Bearish Pattern in EURAUD chart. and we take trade according to FIBO Retracement and we trade to pick the trade on more potential price. Take Tarde according to chart and set SL and TPs.Shortby usmanbinshafiqUpdated 1
Euraud short at resistance h1Hi traders, Euraud rejected from a solid resistance level as marked, so a fall to the next support zone at 1.6330 is expected. Note proper money management! Safe trading!Shortby checkit2Updated 449
EURAUD potental bullish reversal The EUR/AUD pair has recently shown a potential bullish reversal after rebounding from the 61.8% Fibonacci retracement level. This presents an opportunity to capitalize on the formation of potential double waves 1-2. Technical Analysis: - Current Structure: The pair is displaying a potential double wave pattern following a recent rebound from the 61.8% Fibonacci level. The price action indicates that it is viable to enter a trade at the current level, although a more conservative approach would be to wait for the price to break the top of wave 1 at 1.64063. - Institutional Levels: Observing the institutional volume at critical levels will provide confirmation for entering the trade. It is essential to monitor for increased buying activity as the price approaches and surpasses 1.64063. - Aggressive Entry Point: Entering now with a stop loss below the 61.8% Fibonacci level. - Conservative Entry Point: Use a buy stop order at 1.64063, confirmed by a surge in institutional volume. Take Profit Targets: 1.67 , 1.69, 1.71 Fundamental Analysis: - Eurozone Data: The Producer Price Index (PPI) for the Eurozone increased by 1.4% monthly and 10.3% annually in June, indicating rising inflationary pressures which could influence the ECB's monetary policy decisions. - Australian Data: Recent economic indicators from Australia have been mixed. Building approvals fell by 6.7% in June, suggesting a slowdown in the construction sector, while the Reserve Bank of Australia (RBA) maintained interest rates at 0.10%, signaling a cautious economic outlook. This juxtaposition of strong Eurozone data and weaker Australian metrics supports a bullish view on the EUR/AUD pair.Longby Neutrinogold4
Sell EURAUD Channel BreakoutThe EUR/AUD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.6336, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.6282 2nd Support – 1.6242 Stop-Loss: To manage risk, place a stop-loss order above 1.6390. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you. Shortby KABHI_FOREX_TRADINGUpdated 3311
EUR-AUD Short From Resistance! Sell! Hello,Traders! EUR-AUD went up and Retested the key horizontal Resistance of 1.6400 From where we are Already seeing a Bearish reaction so I will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals222
EURAUD potential moveHi traders I am seeing EURAUD is in sideway move. However, after looking at bigger timeframe, we can see that EURAUD is potentially in the resistance area of the downward parallel channeling. Thus, there is possibility of this pair moving downtrend in the coming weeks. I will give more updates in the later days and good luck and happy profit!Longby andrey_kurniawanUpdated 110
EURAUD: A huge swing buying opportunity is forming 800+ pip moveOANDA:EURAUD Price has created a unique pattern which suggest that buy swing impulse is in making, we have seen how price has behaved, upcoming news might also impact on how price may move. Long term target consist 800+ pips move. If you are planning to take this trade then please use accurate risk management and do your own research too. **If you like our idea, then please like, comment and follow us which will encourage us to bring more educational content** Team Setupsfx_Longby Setupsfx_3317
Undervalued euro and wracking aussieFundamentals & Sentiment EUR: - Cuts have been >80% priced in for a while - Latest French & German PMIs are higher than previous (although, not higher than consensus) - Numerous Market internals point to the upside AUD: - Expected GDP Growth Rate YoY is below the consensus - Copper prices are falling Technical & Other Setup: S(B) Setup timeframe: 4h Trigger: 4h Medium-term: Sideways Long-term: Down Min target: Apr-May highs Risk: 0.23% Longby Cherry94Updated 0
EURAUD Still bearish within the Channel Down.This is basically an update to our last EURAUD analysis (April 05, see chart below) two months ago: As you can see the price was rejected at the top of the 1-year Channel Down but since May 07 has turned sideways. In fact, looking at the 1D RSI, we see a Higher Lows Bullish Divergence since April 09, while the price was on Lower Lows. This is similar to the Higher Lows that started on December 01 2023 and resulted in a Bullish Leg of +3.39%. As a result, we are taking profit on our sell position and open a buy, targeting 1.6550 (top of the so far dominant Channel Down). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot116
EURAUD Will Go Down! Short! Here is our detailed technical review for EURAUD. Time Frame: 9h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is on a crucial zone of supply 1.635. The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.630 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Shortby SignalProviderUpdated 112
EURAUD to buy--------------EURAUD BUY-------------- If the course breaks this blue zone, it can advance higher. In the correction after the break one can be find a nice potential entry. I am watching this pair. This is not a financial advice, do your own analysis and research. Longby Szuperpotyka112
EURAUD - 4hrs ( Buy Trade Target Range 180 PIP ) ☑️Pair Name : EUR/AUD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🛡 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ⌛ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Break 1.63700 Reasons - Major Turn level - Channel Break Out - Visible Range Hvn - Major Choch Zone - Day / week High Break - Fixed Range Hvn Bearish Reversal 1.65800 Area Reasons - Major Turn level - Visible Range Hvn - PAttern Target - Triangle Area - Choch Zone - Quarter High Area Longby GoldenEngine13
EURAUD - Bullish on 1 hrEURAUD has been bullish Trend on the Daily Time frame and on the Lower Time frames like 1 hr or 30 mins, it is making HHs & HLs signaling Bullish trend further Longby hassan_ghafoor07112
EURAUD - H1 - 4.6.24 - 16:25 - ARBEntry: - Price broke sidewas without prebreakout-tension. - Pullback to retest. - Setup ARB Longby huypham250
EURAUD: Free Trading Signal EURAUD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell EURAUD Entry - 1.6354 Stop - 1.6386 Take - 1.6302 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Shortby UnitedSignals113
Lingrid | EURAUD short OPPORTUNITY in CHOPPY marketThe price perfectly fulfilled my previous idea. It hit the ratrget. FX:EURAUD market is currently stuck in a range, oscillating between a resistance zone and a support levels within a downward channel. After a recent impulsive bearish move, the price has pulled back to the resistance zone. As the market approaches equal highs and an upward trendline, I'm anticipating a potential reversal from this resistance level. The consolidation zone suggests that the market is most likely to move sideways, until clear trend presents itself by breaking out of it. My goal is the support level at 1.63050 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Shortby Lingrid7717
EURAUD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify anyShortby akmalsabran905
EURAUD LONGMarket Structure is Bullish on HTFs Weekly and Daily at the same AOi Weekly Rejection at AOi Daily Rejection at AOi Previous Daily Structure Point Around Psychological Level 1.63000 H4 Candlestick rejection Levels 6.19 Entry 95% REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Stay Hydrated #Follow#Share#Comment#Boost Longby mobbie_zwUpdated 5
EURAUDThis Weekly FORECAST Opportunity for EURAUD. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Shortby TREND-TITAN2
EURAUD Distribution + Rate Cut The ECB are due for a rate cut this week (expectations are certain). The RBA will likely be the last bank to cut rates. Technically on the HTF EA is distribution, and in current time. Will be looking in this region for confirmation for shorts, will expect the Euro to strengthen before the cuts toward this selling zone. Best pricing area for shorts. Shortby C1X0
Reupload: How I Pass Prop Firm Challenges Using HedgingHere I explain my strategy on the basics of hedging. Hedging can be a great way to improve your consistency and grow your account but you have to do it properly. It takes time to get it right. If you give up too soon you miss out on winning in trading. You can't be weak if you want to be a trader. You cannot give up so easily on learning. Get tough, up your game and let's win!!!!Education12:46by TruthakaWallStreetakaCookie0