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Eur-aud

Euraud looking to short pullbacksrejected the key R zone,looking to short on this cross **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
1
InvestMate|EUR/AUD We are falling to a strong support zone💶💶EUR/AUD We are falling to a strong support zone. 💶At last, after a long accumulation between levels, it is time for a decisive direction. 💶Looking at the size of the current candles and adding to the fact that the Euro is falling on most pairs, I can safely say that it is time to test the local support levels on this pair. 💶I determined the nearest support zone based on the fibo level of the entire downward wave from the 2008 peak to the 2012 bottom. 💶As you can see, over the last few weeks we have bounced repeatedly from the resistance zone set based on the 0.236 level of the entire downward wave from the 2020 peak to the 2022 low. 💶It looks like we have currently bounced off it for good 💶The scenario I am playing out is a continuation of the declines on a wave of weakening of the euro to reach the local support zone marked on the chart. At that point I will be watching closely to see how the price will react in order to predict the next move. I am aware of the possibility of a correction at any time, this should be taken into account, If the outlook would change I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 💶 *Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
11
Buying EURAUD on dips.EURAUD - 21h expiry - We look to Buy at 1.5445 (stop at 1.5406) Previous support located at 1.5450. Previous resistance located at 1.5500. Further upside is expected although we prefer to set longs at our bespoke support levels at 1.5425, resulting in improved risk/reward. A move through 1.5500 will confirm the bullish momentum. Our profit targets will be 1.5543 and 1.5563 Resistance: 1.5525 / 1.5575 / 1.5600 Support: 1.5450 / 1.5425 / 1.5400 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
A possible bull flag on EUR/AUD is formingEUR/AUD has caught my eye for a potential long. It posted a solid rally form the August low and entered a retracement phase, so at some point looking for it to turn higher. A potential bull flag is forming on the daily chart, and Friday’s spike lower shows a (failed) attempt to drive the market lower, where is found support at the July (close) high. Yesterday’s low found support at the July high and monthly pivot point, and prices are teasing trend resistance of the potential bull flag. Furthermore, a bullish divergence is also forming on the RSI (2) so perhaps we are approaching a bullish breakout. Also note that large speculators remain net-short AUD/USD futures yet are their most bullish on EUR/USD futures since June 2021. We could look at this as a proxy for large speculators being net-long the euro against the Australian dollar. Bulls could either wait for a break above 1.5352 with an initial target being the 1.5706 to monthly R1 zone. Alternatively, bulls could seek dips above the monthly pivot point in anticipation of a breakout (whilst this increases the potential reward to risk, it also brings the risk the breakout does not occur). A break above the R1 resistance zone brings the R2 resistance zone into focus. A break beneath Friday's low invalidates the bullish bias over the near-term and signals a deeper retracement from its recent highs.
Long
by CityIndex
EURAUD Big Sell opportunityThe EURAUD pair had a very strong August 26 - October 14 rally and since then it has been on a short-term Channel Down (Lower Highs/ Lower Lows). This volatility/ consolidation has been a distinct characteristic of both previous tops (Lower Highs) within the long-term Bearish Megaphone pattern that in June 2020. A break below the 4H MA50 (blue trend-line) would be a break-out sell signal targeting the Higher Lows trend-line (dashed line), which was hit in both previous sequences. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1
EURAUD: Detailed Technical Outlook🇪🇺🇦🇺 What a peculiar situation on EURAUD: The pair has recently broken a major horizontal supply zone. The broken structure turned in a demand area. A bit higher, however, we have one more structure. This time, it is a major falling trend line. The underlined blue contracting area on the chart is the decision zone. The breakout, with a high degree of accuracy, will show us where the market will go next. If the price breaks the trend line and closes above that, a bullish wave will be expected to 1.616 resistance. If the price breaks the support and closes below that, a bearish move will be expected to 1.5. Wait for a breakout or, alternatively, trade the boundaries of the underlined triangle. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
9
EURAUD Potential Buying Opportunity!In this week's trading session we will be monitoring EURAUD for a Buying opportunity in and around 1.550 orderblock zone. Once we get a bullish confirmation the trade will be executed and shared with our premium subscribers! - RISK DISCLOSURE TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
Long
by BiggainLTD
EURAUD turning might have occured..More downside to come? **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
2
EURAUD - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. EURAUD is overall bearish trading inside the brown channel, and it is currently approaching the upper brown trendline. Moreover, the zone 1.60 is a strong resistance zone . So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the blue resistance zone and upper brown trendline. (acting as non-horizontal resistance) As per my trading style: As EURAUD approaches the purple 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
Short
by TheSignalyst
2
EURAUD dont see any sign to weakenDon't try to stop a train when it is running straight into you! **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
EURAUD dips continue to attract buyers.EURAUD - 24h expiry - We look to Buy at 1.5400 (stop at 1.5325) Previous support located at 1.5450. Previous resistance located at 1.5500. There is no clear indication that the upward move is coming to an end. Risk/Reward would be poor to call a buy from current levels. A move through 1.5500 will confirm the bullish momentum. Our profit targets will be 1.5550 and 1.5600 Resistance: 1.5500 / 1.5550 / 1.5600 Support: 1.5450 / 1.5400 / 1.5350 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