Hey Traders! EURAUD could be a good buy, it broke out daily triangle pattern, and has not yet finished reaching the previous inverse head and shoulders take profit level. I believe this + the overall market direction of moving averages will take this trade further to the upside. As always first take profit should be around 20-30 pips then manage according to...
Australia's CPI data, released yesterday, showcased figures hotter than anticipated. While this may not be 'reaction-worthy' news on its own, the scenario in Australia is worth delving into for several reasons. Inflation Trends Initially, let's consider inflation trends. In most western economies, although inflation remains above central bank targets, the...
Euro/Australian Dollar was able to make a rectangle pattern near the resistance zone. Since the Euro/Australian Dollar failed to test the top of the channel, I expect the Euro/Australian Dollar to go down to the support zone again. 🔅Euro/Australian Dollar Analyze ( EURAUD ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you...
Euro/Australian Dollar is running on support zone. I expect the Euro/Australian Dollar will go up at least until the resistance line. 🔅Euro/Australian Dollar Analyze ( EURAUD ) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your...
3ish rr Bullflag extension follow through, aus govmnt much more useful onna global scale than previous 10years, nxt gen mining boom still to be a thing// repopulation post climate events should see a resurgence
Risk ratio 1:1 . Taking profit of 65pips. Long for Australian Dollar. Good Weekend Guys
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Welcome back Traders, Investors, and Community! If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Strategy : Bullish trend + Macd divergence on 61.8/ 78.2 Fibo % Good trading at everyone!
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-pullback to key level possible(thick red line) -great place to enter long buy near the key level -although we can see the move up is not as fast as previously
Zooming from monthly to weekly, daily and 4h chart this clearly looks like a sell to us.
Entered as shown on chart. Will adjust SL if we get decent upwards movement.
hey traders, EURAUD is approaching a major falling trend line. on 4H the price has already formed two rejection and one dodji candles signifying a strong bearish pressure on the underlined structure. also, we have a perfect cross between a horizontal resistance of a current wide 4h range and above-mentioned trend line, and it increased the chances that the...
Still very bullish above all major EMA's. Possible retest of Highs incoming
Do your own analysis ... Dont Forget Moving StopLoss At Breakeven Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone....