AUDEUR trade ideas
EURAUD WEEKLY PERSPECTIVEEURAUD had a strong bearish fall in price since 2020 but on technical it found support on 1.60433 backed by EURO bullish sentiment ,buying persist to the tune of break of weekly supply roof resisting JAN ,APRIL TO SEPTEMBER, December weekly candle broke that roof 1.66114 ,this is a buy signal that euro economy will out perform Australian economy ,our next sell zone will be 1.68450 a strong supply roof and 1.71769 will be a big sell pay day for EURAUD.
FEEL FREE TO CHALLENGE MY PERSPECTIVE .
EURAUD LONG - (Short + medium term direction prediction)Higher Timeframe trend = Buy
Retail trader bias = Sell
Institutional bias = Buy
Short term target = retail trader stoploss zone
I would like to clarify that I dont trade with extended targets like the secondary and tertiary ones marked. This might be handy for people who leave runners on their trades.
Also keep in mind that I am only providing my own SUBJECTIVE potential target levels here. The best thing to do would be to drop down to lower timeframes and look for good areas of value to enter that are part of your own plan.
S : 7
C : 41,59 - 26,74
R : 20-80
#EURAUD 1DAYEURAUD (1D Timeframe) Analysis
Market Structure:
Channel Resistance: The price is currently testing the upper boundary of a parallel channel, indicating potential selling pressure near resistance.
Forecast:
Sell Opportunity: A rejection from the channel resistance suggests a possible downward move as the price respects the channel pattern.
Key Levels to Watch:
Entry Zone: Near the channel resistance area after signs of price rejection.
Risk Management:
Stop Loss: Placed above the channel resistance to manage risk.
Take Profit Zones: Target the midline or lower boundary of the channel for potential downside movement.
Market Sentiment:
Bearish Bias: Selling pressure is expected to dominate as long as the price remains below the resistance zone. Monitoring for confirmation signals before entry is advised.
euraud sell signal. Don't forget about stop-loss.
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
EURAUD: Awaiting Breakout for Bullish ContinuationHello,
FX:EURAUD is currently near its 3-month high at 1.671575. What we're waiting for now is a breakout and sustained move above this level to signal further upward momentum. If this doesn't occur, a downward movement is likely. There are expectations for continued bullish movement, but confirmation is still required.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
EURAUD UpdateEURAUD pair has formed a valid ascending channel with 3 touches till now and we're waiting for the 4th
Also this pair has broke the resistance zone 1.6565 so we're waiting for a retest and in the same time it will be our 4th touch of the channel
Once this pair hits the price we will be looking for long (buy) position
and we also will be waiting it to break with an H4 candle below the 4th touch to enter a short (sell) position
Trade safe Family and follow us for more updates
euraud analysis elliot. Don't forget about stop-loss.
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
Watching and Waiting for a Trend line break on EURAUD Watching and waiting for this pair to break this trend line on the H4 time frame.
Reasons I think price will break through:
- RSI was overbought on H4
- Bearish RSI Divergence on H4
- Bullish candles are getting smaller
What do you think?
*Also please remember these are trading ideas and not trading signals. Thank you.
EUR-AUD Will Keep Growing! Buy!
Hello,Traders!
EUR-AUD is trading in an
Uptrend and the pair made
A bullish breakout of the
Key level of 1.6596 then
Made a pullback and is
Now going up again
So we are bullish biased
And we will be expecting
A further bullish move up
Buy!
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Check out other forecasts below too!
EURAUD: Bearish Continuation is Expected! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current EURUSD chart which, if analyzed properly, clearly points in the downward direction.
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euraud sell signal
. Don't forget about stop-loss.
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
EURAUD Buy ForecastEURAUD New forecast👨💻👨💻
Note:
Follow proper risk management rules. Never risk more then 2% of your total capital. Money management is the key of success in this business...... Set your own SL & TP.
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Thanks for your continued support!! lemme know your thoughts in the comment sec...
EURAUD FORECASTTraders! This pair is looking very promising guys. But as I spoke into the video we just need to wait for the confirmation. You have to remember that before you think to make any profit from the market you have to think about protecting your capital by taking high quality trades. Discipline and patience is key.