Is EUR/AUD Ready to Resume Its Uptrend?EUR/AUD has been one of the standout crosses to watch this year, with the pair carving out a strong uptrend. After a steady pullback, prices are now sitting at trend support—and the market is asking whether this is simply a pause in the move, or the start of a deeper shift. To answer that, we’ve taken a closer look at both the cross and its component parts.
EUR/AUD Pulls Back to Trend Support
EUR/AUD has often been used as a proxy for shifting macro narratives. The Australian dollar reflects demand for commodities and tends to track Chinese growth prospects. The euro, meanwhile, has often benefited from moments of uncertainty around the US dollar. So when Trump reignited trade tensions in April, EUR/AUD moved higher as traders sold off AUD in response to the global growth wobble.
Since then, we’ve seen a steady retracement. The cross has pulled back into the previous area of resistance—a zone that bulls would now hope to see act as support. This pullback also coincides with the rising 50-day moving average, adding technical weight to the area.
Yesterday’s session saw the market react positively to this support zone, forming a bullish reversal candle. From a trend perspective, this could be the first signal that buyers are willing to step back in. If the market can now push through the descending retracement line that’s been capping price, the case for trend continuation strengthens.
EUR/AUD Daily Candle Chart
Past performance is not a reliable indicator of future results
Breaking Down the Cross
When trading a cross, it’s always useful to look at its components. EUR/AUD is heavily influenced by how EUR/USD and AUD/USD are behaving, and we’re starting to see some interesting developments on both fronts.
EUR/USD: Coiling with Purpose
EUR/USD has entered a tight consolidation phase following its earlier rise. Price is compressing into the rising trendline, and while there’s no breakout yet, the structure suggests it’s only a matter of time. Momentum has slowed, but the broader pattern still leans bullish, which would provide a tailwind to EUR-crosses if it continues.
EUR/USD Daily Candle Chart
Past performance is not a reliable indicator of future results
AUD/USD: Recovery Losing Steam
AUD/USD bounced back sharply in April after Trump's tariff comments initially triggered a heavy sell-off. However, the recovery is now stalling just as the pair encounters longer-term resistance. Yesterday’s bearish engulfing candle suggests that the rebound may be running out of momentum. If AUD continues to weaken, this would reinforce EUR/AUD’s bullish setup.
AUD/USD Daily Candle Chart
Past performance is not a reliable indicator of future results
Summary:
EUR/AUD is sitting at a key technical juncture. The pullback so far looks constructive, and early signals point to buying interest returning. As ever, much depends on the behaviour of the component pairs—particularly if EUR/USD can break higher while AUD/USD falters. That combination would provide a strong catalyst for EUR/AUD to continue its upward trend.
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EURAUD trade ideas
EURAUD ForecastMy observations on FX:EURAUD chart to take a trading position include the following:
- Completion of a Gartley Harmonic Pattern
- Completion of the fourth wave of an Elliott wave pack and waiting for the formation of wave 5
- Overlap of the target of the 5th Elliott wave with the target of the Gartley pattern (if the pattern works)
- Positive price bounce reaction to SMA200 and an upward guard to cross SMA21 and the pivot line as an important resistance. (Pivot Point Standard)
The mentioned signs for my personal trading system are a certificate to take a trade, of course, with risk management and logical budget plan ( risk no more than %1 of capitol)
The goal is to execute the trading plan correctly and systematically, regardless of the outcome.
euraud buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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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 Wave Analysis – 7 May 2025
- EURAUD reversed from the support zone
- Likely to rise to resistance level 1.7700
EURAUD currency pair recently reversed from the support zone between the support level 1.7415 (former resistance from the start of March), the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse from February.
The upward reversal from this support zone stopped the previous short-term impulse wave 3.
Given the strength of the support level 1.7415 and the oversold daily Stochastic, EURAUD currency pair can be expected to rise to the next resistance level 1.7700.
EUR/AUD Forms Bearish Lower High for Next Leg Down!Timeframe: 1-Hour (H1)
Ideal for swing or position-based intraday trades.
Entry Area (Supply Zone):
Price is reacting from 1.75850 – 1.75970 — strong resistance from prior structure.
Bearish Pattern:
Clear lower highs and supply test failure with rejection — confirms sellers' control.
Stop Loss:
Placed just above the resistance zone near 1.75976.
Target Zone (Demand):
Final green demand zone around 1.73880 – 1.74000 — key support and recent low.
Bearish Wave Projection:
Marked by consistent lower lows and tight bearish continuation structure.
Risk-to-Reward:
Very healthy setup with approx. 1:3+ RRR (ideal for professional entries).
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURAUD - Overall Bearish Medium-Term!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURAUD has been overall bearish trading within the falling wedge pattern marked in red.
Moreover, the green zone is a strong structure and resistance.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper red trendline and resistance.
📚 As per my trading style:
As #EURAUD retests the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURAUD - Long-Term Correction in the Making!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈EURAUD has been bullish trading within the rising channel in blue.
Currently, EURAUD is retesting the upper bound of the channel.
Moreover, the $1.84 - $1.87 is a strong weekly resistance zone.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and green resistance zone.
📚 As per my trading style:
As #EURAUD is hovering around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EURAUD DETAILED ANALYSIS BULLISH OR BEARISHEURAUD is currently trading around 1.75600, forming a classic falling wedge pattern on the 12-hour timeframe. This structure typically signals a bullish reversal, and with price compressing near the wedge’s apex, the likelihood of a breakout to the upside increases significantly. Momentum is slowing on the downside, while buyers are beginning to show signs of re-entering the market, suggesting the pair is gearing up for a potential bullish surge toward the 1.85600 level.
Fundamentally, the euro is holding firm amid persistent inflation data from the eurozone, increasing speculation that the ECB might remain hawkish longer than expected. On the other hand, the Australian dollar is facing pressure due to softer commodity demand and cautious rhetoric from the RBA. This divergence in central bank outlooks favors euro strength in the near term. Today's minor beat on euro PMI data and lackluster performance in Aussie retail sales reinforces the strength of this directional bias.
Technically, this falling wedge is forming after a strong bullish impulsive leg, which adds further credibility to the reversal setup. Buyers have successfully defended the 1.7500 psychological zone, and a breakout above the wedge resistance could trigger a sharp rally. A move above 1.7600 would likely act as confirmation for bulls, opening the door for a measured move toward the 1.85600 target area.
As long as price holds above the 1.7400 region, this remains a high-probability bullish setup with a strong risk-reward profile. Traders will be closely watching for volume increase and price rejection candles at resistance to confirm the breakout. This is a prime example of a technical and fundamental confluence setup that professional traders look for when positioning for medium-term swing trades.
euraud buy 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
EUR/AUD: Decision Time at the 50DMAHow EUR/AUD interacts with the 50DMA in the near-term may offer a useful steer on directional risks over the medium-term. For now, it’s bounced off the level, finding buyers after the initial disappointment from China’s latest support measures. Still, the long topside wicks on the past two daily candles, coupled with increasingly bearish momentum, suggest downside risks are building.
A break and close beneath the 50DMA would generate a setup where shorts could be established with a stop above for protection. 1.7113 or 1.7050 screen as targets. Alternatively, if the pair can hold the 50DMA, longs could be established with a stop beneath. 1.7700, 1.7865 or 1.8016 offer targets depending on the desired risk-reward.
Good luck!
DS
EURAUD forming a bottom?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.
Setbacks should be limited to yesterday's low.
Bespoke support is located at 1.7500.
We look to Buy at 1.7500 (stop at 1.7440)
Our profit targets will be 1.7740 and 1.7815
Resistance: 1.7600 / 1.7700 / 1.7750
Support: 1.7470 / 1.7420 / 1.7380
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.
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EURAUD 4hr - Bearish Setup After RetestChart Insight:
EURAUD is forming a descending triangle, with lower highs and a solid horizontal base. Price rejected from a confluence zone: trendline + former support turned resistance (supply zone). A drop is expected if price fails to reclaim 1.7550.
Technical Highlights:
• Triangle formation shows pressure building.
• Supply zone rejection at 1.7550
• Clean market structure shift from bullish to distribution to bearish.
• Liquidity Targets: 1.7095 and possibly 1.6700.
Fundamentals:
• EUR Weakness from ECB dovish stance and weak growth outlook.
• AUD Strength Potential tied to commodities and better inflation handling.
Trading Plan:
• Sell on rejection at 1.7500–1.7550
• SL: 1.7827
• TP1: 1.7095
• TP2: 1.6700
Price rejecting trendline + supply after clear lower highs. A bearish continuation may follow into 1.7095 then 1.6700 if the rejection holds. Structure, confluence, and macro bias all align.
#EURAUD #DescendingTriangle #ForexTrading #SupplyAndDemand #SmartMoney #4HAnalysis #PriceAction #StructureBreak
EURAUD | 4H | SWING TRADINGHey there;
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SIGNAL ALERT
BUY LIMIT ORDER ( EURAUD ) 1,74560
🟢TP1:1,75388
🟢TP2:1,77709
🟢TP3:1,81747
🔴SL:1,71135
RR / 2,00
EURAUD breakout? Multi-timeframe trigger in focusEURAUD is up 13% since February, driven by euro strength and Aussie weakness from China’s slowdown. A breakout could be coming, but short-term bearish momentum means we wait for better alignment before jumping in.
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EURAUD BUY 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: Long Signal Explained
EURAUD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy EURAUD
Entry - 1.7542
Stop - 1.7469
Take - 1.7685
Our Risk - 1%
Start protection of your profits from lower levels
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EURAUD INTRADAY capped by resistance at 1.7645Trend: Bearish
Current Move: Oversold bounce toward resistance
Key Resistance: 1.7645 – Prior consolidation zone
Key Supports:
1.7400 – Immediate support
1.7273 – Secondary support
1.7120 – Longer-term target
Scenario 1 – Bearish Continuation:
If price fails to break above 1.7645 and shows rejection (e.g. bearish candlestick pattern), expect a move lower toward 1.7400, and potentially 1.7273 and 1.7120 over time.
Scenario 2 – Bullish Reversal:
If price breaks and closes above 1.7645 on the daily chart, it would invalidate the bearish view and open up upside targets at 1.7770, 1.7885, and 1.8010.
Conclusion:
EURAUD remains bearish below 1.7645. A rejection at that level favors downside continuation. A daily close above 1.7645 would shift sentiment toward a bullish reversal. Monitor price action closely at this key level.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.