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EURAUD trade ideas

EUR/AUD H4 AnalysisSince price made a high of circa 1.8550 last month, there has been a steady decline for EUR/AUD. The most recent price action has been corrective in nature, and on Friday we saw a break and close below the counter trendline with the penultimate H4 candle of the day forming the first close and the last H4 candle forming a lower low and lower close. This may possibly indicate the next impulse of selling. If you agree, look for a sell setup that meets your strategy rules. Always trade with a profitable strategy and good risk management.
by FusionMarkets
EURAUD – Bullish Breakout from Inverse Head & Shoulders + Target🔍 Pattern Insight: Inverse Head & Shoulders – A Powerful Reversal Formation On the weekly timeframe, EURAUD has completed and broken out of a textbook Inverse Head & Shoulders (IHS) pattern — a highly regarded bullish reversal setup that often signals the end of a downtrend and the beginning of a sustainable uptrend. Let’s break it down: Left Shoulder: Formed in mid-2021 after a strong downtrend, price found support and rebounded, forming the initial shoulder low. Head: A lower low was established around early 2022, marking the deepest point of the pattern. This represents the last dominant push by sellers before exhaustion. Right Shoulder: In late 2022 to early 2023, bulls stepped in earlier than before, establishing a higher low — a strong sign of decreasing bearish momentum and accumulation. Neckline : A descending resistance trendline connecting the peaks between the shoulders and the head. Once broken, it confirms the IHS breakout and trend reversal. This multi-year formation reflects a major psychological shift: sellers lost control at the head, and buyers gradually regained dominance at the right shoulder, eventually breaking resistance. 📉 Retest in Progress – High Probability Entry Zone Post-breakout, price action has pulled back for a technical retest of the neckline and curve line support — a dynamic trendline representing growing bullish momentum. This retest is essential for validating the breakout and building the base for a continuation rally. The convergence of support zones (neckline + curve line) around the 1.70–1.72 area provides a strong confluence zone where buyers may step in again. This is often viewed as a second-chance entry for traders who missed the breakout. 🎯 Measured Target Projection & Resistance Levels The IHS pattern gives us a clear measured move: Measured Move Target: Distance from the head to neckline (~2,800+ pips) projected from the breakout point. Target Zone: 1.92 – 1.95, just above the major resistance zone. Resistance Zone: 1.85 – 1.87 is a historically significant supply area and may act as interim resistance. Break and close above the resistance zone would further validate the bullish trajectory and open the door for higher targets. 📌 Risk Management – Defined Parameters To manage risk effectively, consider: Stop Loss: Below the recent retest low and curve line support, ideally placed at 1.63848, protecting against a false breakout. Entry Idea: If bullish confirmation (e.g., bullish engulfing candle, higher low on lower timeframe) appears at retest zone, initiate a long position. Risk-to-Reward (RR): Targeting 1.92 from an entry around 1.72 offers a 4:1 RR or better — highly attractive for swing and position traders. 🧠 Psychological and Structural Significance This pattern is not just technical — it represents behavioral change in the market: The head shows capitulation — a final wave of bearish pressure. The right shoulder indicates growing confidence in bulls and waning selling interest. The neckline breakout is where sentiment flips — traders recognize the change and enter long positions, fueling the breakout. The current retest phase is crucial. Many professional traders wait for this moment to confirm that support holds before fully committing. 🔎 Final Thoughts & Strategy Trend has shifted bullish on the weekly chart after years of consolidation and decline. We’re seeing a classic breakout–retest–continuation setup. A breakout above 1.85 would likely trigger momentum traders and institutions, driving price swiftly toward the 1.92–1.95 range. Invalidation: Break below 1.63848 would invalidate the pattern and shift sentiment back to neutral or bearish. 📈 Trade Plan Summary: Pattern: Inverse Head & Shoulders (weekly) Bias: Bullish Entry Zone: 1.70 – 1.73 (retest area) Target: 1.92+ Stop Loss: Below 1.63848 Risk Level: Medium (weekly setup, but long-term play)
Long
by GoldMasterTrades
EURAUD Ready to Launch? Institutions Positioning for a Big Move!🔍 1. COT REPORT (Commitment of Traders) EUR: Net Positioning (Non-Commercial): +75,253 → Bullish, but slightly reduced this week (-3,587 longs, +6,814 shorts). Commercials: Heavily short (550,286 vs 423,456 longs) → Hedging against potential EUR strength. Open interest change: +8,343 contracts → Higher market participation, active environment. AUD: Net Positioning (Non-Commercial): -59,077 → Strong bearish sentiment on AUD. Commercials: Net long (121,279 vs 61,743 shorts) → Fundamental support for AUD at potential value areas. Open interest down (-2,607) → Possible position unwinding or rollover. 📊 COT Conclusion: Speculators favor EUR long / AUD short, but commercials are positioned inversely, suggesting a potential reversal point. 📈 2. SEASONALITY EUR in May: Generally negative, with average monthly performance over 10y, 15y, and 20y ranging between -0.01% and -0.02%. Only the 2y curve shows strength (≈+0.0194). AUD in May: Mixed performance: 10y and 5y negative, but 2y slightly positive (+0.0083) → sign of recent improvement. 📊 Seasonality Conclusion: Slight edge for AUD thanks to near-term seasonal resilience. 💡 3. SENTIMENT Retail traders: 84% short on EURAUD. Average short entry: 1.7002, current price ≈ 1.7491 → many are in drawdown. High short congestion above 1.74 → Potential short squeeze setup. 📊 Sentiment Conclusion: Environment favors a bullish push to trigger stops and unwind retail shorts. 🧠 4. PRICE ACTION Price reacted to a major demand zone at 1.7200–1.7350. Last two weekly candles show compression and accumulation following strong bearish momentum. Clear liquidity pocket above 1.76–1.77, targeting the 1.79–1.80 zone. RSI showing recovery from oversold conditions. 📊 Technical Conclusion: Structure suggests rebound or reversal, aligned with sentiment and positioning dynamics. 🔚 STRATEGIC OUTLOOK Primary Bias: LONG EURAUD (multi-day / swing setup) 🎯 Target: 1.7700 – 1.7920 🛡️ Stop: Below 1.7310 (weekly close under demand zone) ⚠️ Alternative (Scenario B): A clear weekly close below 1.7300 may reactivate the bearish trend toward 1.7200.
Long
by EdgeTradingJourney
3
EURAUD – Trendline Holds, Bearish Setup Below 1.7626EURAUD Trend: EURAUD pair remains in a strong downtrend, marked by consistent lower highs and a descending trendline. Resistance: 1.7626 has been retested and rejected, confirming it as a short-term ceiling. Structure: The latest rejection from both horizontal resistance and the trendline confirms bearish intent. 🔽 Bearish Targets: 1.7254 – minor support and near-term target 1.7120 – stronger support zone 1.7060 – previous low and potential extended target A clear break below 1.7400 could confirm continuation of the trend toward those levels. Fundamental Overview: 🔻 EUR Weakness: The Eurozone is slowing, particularly in Germany and France. ECB remains cautious; recent comments show concern about tight financial conditions and sticky inflation. Political uncertainties and mixed data prints are adding pressure. 🟢 AUD Support: The RBA remains firm with hawkish language, holding rates while global peers lean dovish. Commodities remain stable, and Australia benefits from demand out of Asia. Domestic data (jobs and retail) shows surprising resilience. Summary: Bias: Bearish below 1.7626 Break Trigger: 1.7400 Target Range: 1.7250 – 1.7060 Fundamentals: Favor AUD on stronger economic footing and RBA policy tone 📉 EURAUD looks ready for another leg lower unless we see a breakout above 1.7630 with conviction.
Short
by ultreosforex
3
EURAUD BULLISH EUR/AUD 1H – Bullish Divergence at Support Divergence Setup On the 1-hour EUR/AUD chart, price makes a lower low while the RSI indicator forms a higher low. This classic bullish divergence indicates weakening bearish momentum and a likely reversal. RSI is coming out of oversold territory, suggesting buyers are gaining strength near the bottom. Support Zone Significance The 1.7247 level is a well-tested horizontal support zone. Price has respected this zone on multiple swings, forming a base for a rebound. This strong support provides a logical entry area, since holding above it reinforces the divergence signal. Entry & Stop-Loss A buy entry was triggered at the support zone on confirmation of the bounce. The stop-loss is placed just below 1.7247 to protect against a breakdown. This keeps risk very small if the support fails. Outlook / Target The bias is bullish. A rally toward the 1.75–1.76 area (target zone) is expected, aligning with prior resistance. The risk-reward is favorable due to the tight stop versus the large upside target, supporting the bullish divergence thesis.
Long
by razashabbir218
EUR/AUD SHORT FROM RESISTANCE Hello, Friends! EUR/AUD pair is in the uptrend because previous week’s candle is green, while the price is clearly rising on the 8H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.723 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ✅LIKE AND COMMENT MY IDEAS✅
Short
by EliteTradingSignals
1
EURAUD F s 10 controversial beliefs about money that are often embraced by the wealthy but rejected (or misunderstood) by those who struggle financially: 1. Debt Can Be a Tool, Not Just a Burden • Rich people: Use debt strategically to invest in appreciating assets like real estate, businesses, or education that increase wealth. • Poor people: Often view debt only as something to avoid or as a result of overspending. 2. Time is More Valuable Than Money • Rich people: Prioritize outsourcing tasks, automating income, and focusing on high-value activities. • Poor people: Often trade their time for money without exploring ways to leverage time effectively. 3. Money is a Game — and Learning the Rules is Key • Rich people: View wealth-building like playing a strategy game — with rules, skills, and calculated risks. • Poor people: Often believe success is purely luck, privilege, or circumstances. 4. Paying Yourself First is Non-Negotiable • Rich people: Treat saving and investing as a fixed expense — paying themselves before spending. • Poor people: Often save whatever is left over after expenses, which is usually little or nothing. 5. Your Network is Your Net Worth • Rich people: Invest heavily in building relationships with other successful, growth-oriented individuals. • Poor people: May prioritize friendships based on comfort rather than growth. 6. Comfort is the Enemy of Progress • Rich people: Embrace discomfort, risks, and challenges as essential for growth. • Poor people: Often prioritize security and familiarity, avoiding discomfort. 7. Investing is More Important Than Saving Alone • Rich people: Focus on multiplying money through investments, understanding that savings alone won’t build wealth. • Poor people: Often hoard savings without exploring growth opportunities. 8. Income is Unlimited (If You Control It) • Rich people: Believe there’s no ceiling on how much they can earn by creating businesses, products, or investments. • Poor people: Often rely solely on fixed wages, limiting their earning potential. 9. Failure is a Stepping Stone to Wealth • Rich people: View failure as feedback and a learning opportunity. • Poor people: Often fear failure, avoiding risks that could lead to success. 10. Money Doesn’t Solve Money Problems — Mindset Does • Rich people: Understand that financial problems are often rooted in poor habits, limiting beliefs, or lack of education. • Poor people: May assume that simply earning more money will fix financial struggles without addressing spending behavior or mindset.
Short
by FabsTech
1
EURAUD to find buyers at previous resistance?EURAUD - 24H expiry The primary trend remains bullish. The selloff has posted an exhaustion count on the daily chart. Preferred trade is to buy on dips. Price action looks to be forming a bottom. Bespoke support is located at 1.7500. We look to Buy at 1.7500 (stop at 1.7450) Our profit targets will be 1.7700 and 1.7730 Resistance: 1.7630 / 1.7680 / 1.7725 Support: 1.7520 / 1.7450 / 1.7400 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
EurAud update.Good day traders, I’m back with yet another update on EurAud. In the description I will tag my previous setup on EurAud to show you where we are in price and I left the drawings as they were to help you understand price more. On Monday price opened with that same bullish flow and pushed till the low of the volume imbalance as expected but as we can see that FVG was able to hold price above. From the original setup what price did yesterday was expected Thursday or Friday the latest, so since price did not go for that 1st.PFVG on Monday and Tuesday, we can now expect price to go for that level. If we take a closer look at that leg higher from that FVG, we have a balanced price range that we can expect price not to respect.
Short
by FxPipMaster_TebohoMatla
EUR_AUD SHORT FROM RESISTANCE| ✅EUR_AUD went up just as We predicted in our previous Analysis but now the pair has Almost reached the target Which is also a local horizontal Resistance around 1.7620 So after the retest we will be Expecting a local pullback and A bearish correction after which Growth might continue SHORT🔥 ✅Like and subscribe to never miss a new idea!✅

 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by ProSignalsFx
3
EURAUD - Expecting Bullish Continuation In The Short TermH1 - Strong bullish move. Higher highs on the moving averages of the MACD. No opposite signs. Expecting further continuation higher until the two Fibonacci support zones hold. If you enjoy this idea, don’t forget to LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! 🚀 -------------------------------------------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by VladimirRibakov
EURAUD BULLISH OR BEARISH DETAILED ANALYSISEURAUD is currently presenting a textbook bullish setup with a well-defined falling wedge formation on the daily chart. After a strong impulsive rally in April, price has been consolidating within this wedge, forming consistent lower highs and lower lows—typical of a corrective pattern. Now, with price testing the upper trendline of the wedge, we are positioned for a potential breakout, supported by increasing bullish momentum and clean structure. With the current price around 1.75, the next leg higher toward the 1.85 resistance zone is well on the radar. From a fundamental perspective, the euro is gaining strength on the back of improving Eurozone macro data, with recent PMI figures showing resilience and inflation staying moderately sticky—making the ECB cautious about aggressive rate cuts. Meanwhile, the Australian dollar continues to face headwinds amid declining commodity prices and weakening consumer sentiment. The Reserve Bank of Australia remains relatively dovish, especially as wage growth plateaus and inflation expectations cool. This EURAUD divergence sets the stage for a broader move in favor of the euro. Technically, the breakout from this wedge structure would signify the continuation of the prior bullish trend, and given the size of the previous impulsive move, a breakout target of 1.85 is both conservative and well-aligned with market structure. The bullish divergence forming on oscillators such as RSI and MACD also confirms the slowing momentum in the downward move. A clean break and close above 1.7550 would be the trigger point for long positions, with invalidation below 1.7220. This is a high-probability breakout setup with strong confluence across technical and fundamental indicators. With euro strength coming into play and AUD fundamentals remaining weak, I’m favoring the long side here. A move toward 1.85 is well-supported, and a break above the wedge could trigger significant upside in the coming sessions. This is a setup worth watching closely.
Long
by AndrewsMarket-Mastery
2
EURAUD Squeeze: Box Breakout Ahead EURAUD has been moving sideways inside a clear consolidation box pattern between 1.75200 (resistance) and 1.74000 (support). ✅ A Double Top has formed at the top of the box ✅ A Double Bottom has formed at the bottom of the box This setup signals a potential breakout move is building up. The market is coiling and could soon release strong momentum in one clear direction. 🚀 Bullish Breakout Scenario If price breaks and closes above 1.75200, we can expect continuation toward: 📌 1.75765 (Fibonacci 1.618 extension – 1st target) 📌 Even higher levels possible if momentum continues. 📉 Bearish Breakout Scenario If price breaks below 1.74000, downside targets are: 📌 1.73277 (Fibonacci 1.618 extension – 1st target) 📌 Further levels may follow if sellers take control. 🔔 My Plan: Waiting for a clean breakout and retest on either side before entering. Avoid trading inside the box—no clear trend there. This setup has strong potential once a direction is confirmed!
by ClearTradingMind
17