AUDEUR trade ideas
EURAUD 4H TF Bearish!its easy to see that price just rejected from an important area
so we can expect more bearish movements
EUR-AUD Will Go Down! Sell!
Hello,Traders!
EUR-AUD is going up
To retest a strong horizontal
Resistance level of 1.6173
And as the pair is in the
Downtrend we are bearish biased
So after the retest we will be
Expecting a bearish continuation
Sell!
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Trading Signal for EURAUD: BuyDear Traders,
We have identified a promising trading opportunity for the EURAUD currency pair.
Direction: Buy
Enter Price: 1.60989
Take Profit: 1.61323667
Stop Loss: 1.60463667
This forecast is made using our reliable strategy, EASY Quantum Ai, which has consistently provided accurate trading signals. Here are the key factors influencing our prediction:
1. Technical Indicators: Multiple technical indicators, including moving averages and RSI (Relative Strength Index), suggest a bullish trend for EURAUD. The current price action shows strong momentum that supports a further upward movement.
2. Fundamental Analysis: Recent economic data from the Eurozone points towards increased growth potential. Improved European economic indicators and positive market sentiment around EUR are key reasons for the expected strengthening.
3. Market Sentiment: Positive news about European Union policies and economic recovery plans have increased investors' confidence in EUR, leading to anticipated upward pressure on the EURAUD pair.
4. Historical Data: Historical performance patterns indicate a favorable environment for a potential rise. Previous similar scenarios have resulted in successful uptrends, adding to the reliability of our current prediction.
Make sure to monitor the market closely and adjust your positions as necessary. Happy trading!
Regards,
EURAUD currency pair analysisIn the daily time frame, the price has hit the bottom of the descending channel at the same time as the harmonic shark pattern is completed. In addition, we also see the formation of a AB=CD pattern in the area of the bottom of the channel.
It is expected that the price will experience growth from this range or after another downward wave to the range of 1.6270
Forex Signal Alert: EUR/AUD - Direction: SellDear Traders,
We have identified a potential trading opportunity on the EUR/AUD currency pair. Here are the trade specifics based on our analysis:
Direction: Sell
Enter Price: 1.61196
Take Profit: 1.60764333
Stop Loss: 1.61617333
Our forecast is made using the EASY Quantum Ai strategy, which combines artificial intelligence with advanced market algorithms to provide precise and reliable trading signals.
Justification for the Sell Signal:
1. Technical Indicators: Our analysis indicates strong bearish signals on multiple technical indicators, including moving averages and the relative strength index (RSI), suggesting downward momentum.
2. Market Sentiment: Current market sentiment shows a shift towards risk aversion, leading to a preference for the AUD over the EUR.
3. Economic Data: Recent economic releases from the Eurozone have underperformed expectations, while Australian economic data has shown resilience, strengthening the AUD.
4. Trend Analysis: There is a visible downtrend on the daily chart, supported by declining peaks and troughs, which aligns with our sell direction.
Please ensure you manage your risks appropriately and only trade amounts you can afford to lose.
Happy Trading!
Best regards,
EUR/AUD Potential UpmoveHi Traders.
This is a little risky set up
1. HTF double buttom
2.descending channel
3. LTF bullish impulse
4.LTF correction
when we see a breakout from the current correction, i think we can see some bullish movement
EUR_AUD WILL KEEP FALLING|SHORT|
✅EUR_AUD is trading in a
Downtrend and the pair is
Making a retest of the broken
Key level of 1.6160 which is now
A resistance and as we are
Bearish biased a further
Bearish continuation
Is to be expected from
The resistance level
SHORT🔥
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Euraud Quick scalping opportunity on Euraud.Change of character the Break of structure then fair value gap entry let's kill.
EURAUD testing key trendlineIdea No : 13
10 out of last 12 ideas were successful and 2 still running, let's talk about 13th
EURAUD is testing a key trendline support and we have another one just below it in case of a break
so expect a bounce from these trendlines and any bounce should follow our green arrow
let's see...
EUR/AUD Full Analysis , Best Buying Area After D Closure Show !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Will EURAUD Bounce Up ?I see EURAUD entering the demand area with the second touch, waiting for confirmation which is formed in the low time frame, as validation EURAUD will really bounce up, which is a wise step in the EURAUD trading plan. If you zoom in on TF H4 in the first circle you can clearly see a strong demand zone.
Hopefully I'm right and profits will be made.
Disclaimer: all risks regarding this trading plan idea are not our responsibility.
EURAUD BULLISHEURAUD broke above a bearish trendline on h4, currently testing it and we expect a bull run soon from here
EURAUD is finding the support...bull take over from nowEURAUD is doing the reversal pattern.
Seller is getting weaker and weaker.
Last Friday we could observed buyer was starting to show the strength (by bulling engulfing)
Earlier today was ranging around 1.6100 level, but i'm expecting price will go higher during Europe & US session
Good luck
ShortEURAUD I was believe to going up and i took one entery bulish so hits sl then it was happen broke for 30m ' you can see 4h time frame for bearish signal becouse the candle closed inside of high ' its not closed on the upside of high so i believe euruad going sell and i took onother entery for sell .
Please care full to use low risk to protect your account
EURAUDThe EUR/AUD is in a short-term bearish trend on the daily timeframe, following a descending channel and Elliott Wave ABC pattern. The price recently broke a key support level, suggesting further downside movement towards the channel's support trendline, completing the C wave. After reaching this point, we will look for bullish rejection signals for a potential long-term entry.
EURAUD short term bullish move starting soon**Monthly Chart**
The monthly timeframe shows that EURAUD (Similar to EURNZD) moving into a range between a High 1.70800 and a low of 1.58500 levels. Last month candle closed as a bearish candle. This month's candle which is still active has moved lower and swipe liquidity below the swing low of Jan 2024.
**Weekly Chart**
EURAUD Last week's candle closed lower after swiping liquidity. This suggests a start of a short-term swing long at least to test 1.64000 level. However, this is a low probability trade as it might go lower and test the low of relative equal monthly levels.
**Daily Chart**
Last Friday's candle closed as a bullish key reversal after swiping the liquidity of the previous swing low. This suggests a start of a bullish move at least for a short term to test 1.6300 and then 1.6400 levels.
EURAUD JUNE 2024 WEEK 4 OUTLOOK -
Daily - looks extended. wait till AUD CPI. another reason to believe that AUD CPI is coming in lower than expected on Wednesday.
Origin - break and hold below **1.60664** will prep EA for another leg down. but I am not comfortable taking part in EA shorts. probably staying out of EA this week is the best course of action.
EURAUD - LONGanytime EURAUD can push up, almost 300pip+
wait for the 4h buy setups to enter. try and take some parcel profits along the way.
the market made the 5-way correction, and its completed and it can push up from here or a little blow
in the market anything can happen, so up move is a high possibility but it can drop 1000 pips too thats why we need to have SL always.
trade with care.
V.Ragu
EuraudOf we look closely to the chart we can see that sell side liquidity was taken out then change of character occurred now we wait for price to return to the discount be we execute our orders.
EURAUD Coming Week A look at the intraday 4hr chart.
Trend = Bearish
1. Trendline - angular resistance holding from 10th June
2. Moving Average = 50 MA above price
3. RSI - within the 20-50 zone , supporting short side.
Phases - Phase 1 + Phase 2 + Phase 1 and on last Friday the start of the next Phase 2.
High Probability Zone - confluence of the 50 MA, Trendline , Fibonacci 50 retracement.
Secondary Graystone Zone - identified on chart
Into next week , the bias is for shorts . A short price action setup within the above zones is of interest.
