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Eur-aud

EURAUD Bearish towards 1.40 but watch the 1D MA50The EURAUD pair has been following our long-term perspective as illustrated more than a month ago: As you see, the rejection on the 1D MA200 (orange trend-line) caused a strong sell sequence that came too close to testing the 1.4325 Support (April 05 Low). We remain well below the 1D MA50 (blue trend-line) with the RSI on Lower Highs. Within the multi-year Bearish Megaphone pattern that the pair has been trading in, there have been another two similar RSI patterns. The more recent (Oct - Nov 2021) managed to break above the 1D MA50 and reached almost its previous High/ Resistance. The older one (Jan 2021) got rejected on the 1D MA50 and reached as low as the 2.236 Fibonacci extension before rebounding. As a result, if you took our short suggested 1 month ago, you may take the profit and re-open it if last week's Low breaks and target at least the 2.236 Fib (1.400). If on the other hand the price closes above the 1D MA50, open a buy and target 1.5350. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Short
by TradingShot
" EURAUD " Scalping Buy Trade With 200 Pips Good Morning Trader's ,, New Week ,, And New Charts Together ,, Hope Be All Of U Always In Profits Let's Explain This Scalping Trade On " EURAUD " On 15M Time Frame ,, 1- What The Trend Now ? IS Down Waiting For Break Out The Area And Trend To Change It To Up Trend 2- Why We Will Buy ? We Will Buy After Break Out The Trend Line And The Order Block Area ,, So We Have Great reasons To Buy 3- What IS The Recommendation Price To Break Out And Buy From It ? 1.44500 Stop Lose And Target On Chart
Long
by Fx_Vanguard
EURAUD - Potential Double Bottom 👀Hi Traders, EURAUD price action is shaping up for a potential buy opportunity. Looking at the HTF, price broke out of a descending channel following with a continuation correction which price impulsively broke higher creating higher lows but failed to continue any further. Looking at the LTF price made a double top and is currently consolidating which I will be looking for a buy opportunity at the double bottom area if only I see a bullish confirmation. Thanks Trade Safe
Long
by ktlfx
Ending wedge indicates higher prices on EURAUDEURAUD - Intraday - We look to Buy at 1.4575 (stop at 1.4475) Previous support located at 1.4600. Previous resistance located at 1.4700. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 1.4700 will confirm the bullish momentum. Our profit targets will be 1.4775 and 1.4800 Resistance: 1.4700 / 1.4750 / 1.4800 Support: 1.4600 / 1.4575 / 1.4500 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
EUR/AUD:Price reject the 1.4800 area - 61.8% Fibo | SHORTThe 1.4800 Area of resistance seems for the EUR/AUD a wall to not go over. The price after a pullback to the 61.8% Fibo and the already cited area, the price reject violently and drop down with a decisive bearish candle also accomplice the presence of 50 Sma working also like dynamic resistance. The forecast of Ichimoku is bearish and the pattern created is an ABCD one. The stochastic is close to the overbought but the clues on our side will see it never reach this level of 80% and drop the price down directly.
Short
by FOREXN1
EURAUD for a lower low 🦐EURAUD on the 4h chart is testing an important support. The price after the test of the 0.381 Fib level is testing a few times the structure. How can i approach this scenario? According to Plancton's strategy IF the price will break below and satisfy the ACADEMY rules we will set a nice short order. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Short
by InkyGrip
2
We prefer to set shorts EURAUDEURAUD - Intraday - We look to Sell at 1.4625 (stop at 1.4725) Previous support located at 1.4500. Previous resistance located at 1.4550. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.4625, resulting in improved risk/reward. A move through 1.4500 will confirm the bearish momentum. Our profit targets will be 1.4375 and 1.4350 Resistance: 1.4550 / 1.4625 / 1.4700 Support: 1.4500 / 1.4450 / 1.4375 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.'
Short
by OANDA
EURAUD Sell signal confirmedThe EURAUD pair got a massive rejection on the 1D MA200 (orange trend-line) on July 01 and since last week, it hasn't even regained its 1D MA50 (blue trend-line) suffering a strong sell-off. The long-term pattern is a Bearish Megaphone, technically such rejection should push the price to a new Lower Low. Based on a similar fractal last February, we can go as low as the 2.5 Fibonacci extension. We have a more moderate target on the diverging Lower Lows trend-line at just above 1.4000. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
2
EURAUD H4 Potential for bearish reversalWith price expected to reverse off the stochastics indicator, we have a bearish bias that price will drop to our take profit are where the horizontal pullback support is from our entry where the 127.2% Fibonacci extension and 78.6% Fibonacci projection is. Alternatively, price may head to our stop loss at 1.53123 in line with the 138.2% Fibonacci extension is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
EURAUD H4 Potential for bearish reversalWith price expected to reverse off the stochastic indicator, we have a bearish bias that price will drop from entry at 1.51923 in line with the 78.6% Fibonacci projection and horizontal swing high resistance to our take profit at 1.50495 in line with the horizontal overlap support. Alternatively, price may break structure and head for stop loss at 1.52733 where the 127.2% Fibonacci extension lines up with the 100% Fibonacci projection. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
EURAUD going for the 1D MA200 testThe EURAUD pair has been trading within a long-term Bearish Megaphone pattern but since the April 05 bottom, it has established a Channel Up on the medium-term. A similar Channel Up pattern was what took the Megaphone to its previous Lower High. In the process, the 1D MA50 (blue trend-line) has been turned into a Support and the next technical Resistance is the 1D MA200 (orange trend-line). It would be best to trade this with a break-out approach. If the price breaks above the 1D MA200, go long and target the 0.5 Fibonacci around 1.58450. If rejected, take a long-term sell towards 1.4500 and quite possibly 1.4000 as a Lower Low. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
3