EURAUD BullishEURAUD has started to form higher highs and higher lows. There is no divergence yet which means it will likely continue. The EUR index is currently Bullish and AUD index is bearish.
AUDEUR trade ideas
EURAUD Will Go Higher From Support! Buy!
Please, check our technical outlook for EURAUD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 1.658.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.663 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EURAUD SHORT!EURAUD is at its daily resistance level, and a bearish divergence is visible, indicating a possible reversal. Consider selling on the breakout of the previous higher low.
EURAUD is BearishA bearish divergence seems to be at play here, as the price broke previous higher low and printed a lower low instead, confirming the control of bears. According to Dow theory, the price would define a lower high and then continue its journey downwards. Targets are mentioned on the chart.
EUR/AUD I am expecting EUR/AUD to continue going in a bearish direction. This observation was made based off of the breakout of the double-top chart pattern and previous chart data.
EURAUD-ShortEURAUD was trading in bullish trend now reversing with RSI divergence from Resistance,we will take a short trade at the break of HL
EURAUDWe expect the Australian Euro, going down and then going up from the area that we have defined, we see that the trend is up, so we take the buy zone and wait until it touches that price that we have identified to buy it.
EURAUD CLIMB UPBias Bullish
Fundamental
AUD reduce interests rate, lower mean CPI.
EUR is slightly bullish to neutral
Price Action
Price bounce off from H4 after forming a consolidation at H4 SR level.
Confluence
Consolidation Area formed a triangle, and confluence with H4 SR & Bullish TL
Setup
Long entry at broken H1 SR level.
SL 2x ATR(20)
TP Next H4 swing high R:R 1:5
EURAUD LONGEURAUD is making Higher highs and higher lows. It is in bullish Trend. At fibbo level 38.2 so we can buy.
EURAUDThe market structure was very solid for their swing high to swing low which currently had, the ASIAN session changed the direction in LONDON session a very nice impulsively move "UPTREND" when the structure does that its leaving such IBM LIQ etc im waiting for the reversal to fill up or to grab fuel "LIQ".
EURAUD - ShortThe Price has given a breakout from double Top neckline at 1.66532
Sellers will remain in control below necline support.
Before forming double Top, we have observed Bearish divergence. The downtrend is expected to remain valid till 1.6154
EURAUD is in downtrendEURAUD is know in down phase after rally,price is making Higher lows and lower lows on one hour time frame which indicates bullishness currently price has corrected and its a good time to short at current levels.
EURAUD Projection Daily
Price rejects the order block area (OB) and close below this indicates a reversal. Initiate short positions partially from market price till the OB zone.
EURAUD Possible Long Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - CSAK + Entry in MALO
Note:
* Cancel trade or cut-loss when candle close Below MALO (2 Red Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
EURUSDIn EURUSD on daily time frame its has given a breakout of falling wedge chart pattern with big bullish candle as i have show on chart .and in weekly time frame we can also see a bullish flag & poll chart pattern and it has also give a breakout . both this chart pattern are bullish chart pattern so we can see a good opportunity of up side trade .base on chart we can see a new all time high in EURUSD in coming weeks .
EURAUD - A Structure Trading Opportunity With A TwistA look at a structure-based trading opportunity on the EURAUD showcasing 4 different ways to get involved including using a Cypher Pattern as a reason for entry.
In this video we taker a full look at why I'm interest in the area and where I'm expecting price to go to if we indeed get some follow through on the trading opportunity.
If you have any questions or comments please leave them below and I wish you guys a great and safe week of trading.
Akil
EURAUD LONGI believe EURAUD has printed a massive inverted H&S pattern on the weekly timeframe. This swing trade is likely to take a few months to reach the target area at 1.84 but could happen sooner than expected.
EUR_AUD WILL GO UP|LONG|
✅EUR_AUD broke the
Falling resistance line which
Is now a support and we are
Already seeing a bullish rebound
Thus some further growth
Is to be expected
LONG🚀
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EURAUD - Accumulation Underway for a Powerful Break outEURAUD have broken long term and short term trendline plus it also seems to have made double bottom. Currently price is testing the support zone at the base of double bottom. Price is oscillation in short tight range indicating that its gathering energy to print a massive and powerful bullish break out.
EURAUD Weekly Analysis and OutlookEURAUD Weekly Analysis and Outlook
This week, the EURAUD pair has shown a strong upward trajectory, closing in a bullish continuation phase. This upward momentum indicates a positive sentiment among traders, suggesting further potential for growth.
Current Market Overview:
The pair has been steadily moving upwards, supported by favorable market conditions and bullish sentiment. As it approaches a key resistance zone, traders should closely monitor the price action. A successful break above this resistance would likely confirm the continuation of the bullish trend.
Expectations and Potential Scenarios:
Upon breaking the resistance zone, we anticipate that the EURAUD will continue its upward momentum. This breakout could open the door to higher levels, offering traders potential opportunities to capitalize on the bullish trend.
Primary Expectation: If the resistance is broken, the price is likely to sustain its upward movement, potentially targeting higher resistance levels. This scenario would reinforce the bullish outlook, making it a favorable environment for long positions.
Alternative Scenario: However, if the price encounters strong resistance and fails to break through, a temporary pullback could occur. Traders should be prepared for this scenario, as it might provide opportunities to reassess entry points at lower levels before resuming the upward trend.
Conclusion:
In summary, the EURAUD pair is poised for further upward movement following its recent bullish phase. Traders should watch for a decisive break above the resistance zone, which could serve as a catalyst for continued gains. Maintaining awareness of both bullish and corrective scenarios will be crucial for effective trading strategies. Stay updated with market developments and adjust your positions accordingly.
By Piptera Digital Solutions,
Invest Wisely!
EUR-AUD Bullish Bias! Buy!
Hello,Traders!
EUR-AUD is trading in an
Uptrend and the pair
Broke the falling resistance
Which is now a support
Then made a retest and
Now we are already seeing
A bullish rebound so we
Will be expecting a
Further move up
Buy!
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Check out other forecasts below too!
EURAUDEURAUD price is near the resistance zone 1.66918. If the price cannot break through the resistance level 1.66918, it is expected that in the short term there is a chance that the price will go down. Consider selling in the red zone.
>>GooD Luck 😊
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*Always follow your trading plan regarding entry, risk management
EURAUD - FakeOut + Potential Bearish BreakoutTaking a look at the 4 hour timeframe, price action attempted to break and hold above the high timeframe resistance. However following the 4H rejection candle, prices began to drop towards the ascending support.
Question now is.. will this ascending support break and hold. ATR and RSI are both giving us early clues that it will.
Trade Safe
