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Eur-aud

EURAUD Buy Signal on the 1D MA50 and a fractal from 2021EURAUD has been technically trading within a Triangle since October 2021 as both a Higher Lows trend-line has been supporting and the 1.62320 Resistance rejecting the price. At the moment the pair has found Support on the 1D MA200 (orange trend-line), which is a buy accumulation level of its own, with the 1D MA50 right below it. As long as this zone up to the Higher Lows trend-line holds, the pair will be a buy opportunity targeting the 1.6200 - 1.62320 Resistance Zone. If that breaks, the next target will be the 1.64380 Resistance. A fractal from July - August 2021 comes to add more weight to that probability as a similar Channel Up, held the 1D MA50 at the time and that gave it an aggressive price boost to the 1.64380 Resistance. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
EURAUD potential for bullish continuation | 14th FebPrice is trading in an ascending channel and near buy entry levels of 1.58632 in line with 78.6% Fibonacci retracement and 161.8% Fibonacci projection. Price can potentially go to the take profit level of 1.61721 which is also the graphical swing high level. Our bullish bias is supported by the RSI indicator as it is abiding by an ascending trendline. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Long
by Rockqet
EURAUD on a bull flag 🦐EURAUD on the 4h chart is moving in a descending retracement channel. The price after the attempt to break above the weekly resistance tested the 0.5 Fib level and moved to the upper trendline of the channel. How can we approach this scenario? We will wait for the market to break the channel and move over the weekly resistance, in that case, will start to check for a possible retest of the structure and set a nice long order according to the Plancton academy rules. ––––– 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.
Long
by InkyGrip
8
Possible trend shift in EURAUD – going short| 27th Jan Signal ID: 79186 Time Issued: Thursday, 27 January 2022 01:00:15 GMT Status: open Entry: 1.57929 - 1.58545 Limit: N/A Stop Loss: 1.59468 The Tidal Shift Strategy has just sold EURAUD at 1.58237. The system recommends entering this trade at any price between 1.57929 and 1.58545. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at -1.02278, which suggests that the EURAUD could be trending downwards.The 14-period Average True Range on a daily chart is 0.00246, so the stop loss has been set at 1.59468. This stop loss order is a trailing stop that will move down as the market moves down. There is no profit target for this strategy. We expect to be closed by the stop loss.Tidal Shift is a trend trading strategy that aims to catch shifts in trend using trader sentiment as an indicator. The strategy looks to buy when the Speculative Sentiment Index reaches its lowest value for the past 145 trading hours, and looks to short when it reaches its highest value for the past 145 trading hours. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
EURAUD potential for dip! | 27th Jan 2022Prices are at a pivot and approaching a graphical overlap. We see the potential for a dip from our sell entry at 1.60369 in line with 78.6% Fibonacci extension towards our Take Profit at 1.57438 in line with 61.85 Fibonacci retracement and ascedning trendli. RSI is at levels where dips previously occurred. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by Rockqet
EURAUD bullish bounce! | 25th Jan 2022Prices are on bullish momentum and abiding to our ascending trendline support. We see the potential for a bounce from our buy entry at 1.5746 in line with 61.8% Fibonacci extension and 61.8% Fibonacci retracement towards our 1.59355 in line with 61.8% Fibonacci retracement and 200% Fibonacci extension . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website
by FXCM
EURAUD bullish bounce! | 25th Jan 2022Prices are on bullish momentum and abiding to our ascending trendline support. We see the potential for a bounce from our buy entry at 1.5746 in line with 61.8% Fibonacci extension and 61.8% Fibonacci retracement towards our 1.59355 in line with 61.8% Fibonacci retracement and 200% Fibonacci extension. Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website
Long
by Rockqet
EURAUD Bounce from Resistance and More UpsideWelcome back! Here's an analysis of this pair! ** From the daily perspective, the market has completed an "M" pattern and broken above the neckline of the pattern. We can expect a retest of the previous support before a potential rejection to the upside. Do you agree? Let us know your thoughts in the comments! Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
by BKTradingAcademy
4
EURAUD short-term bearish momentum | 21st Jan 2022Price is approaching a graphical overlap resistance. We can expect price to drop from pivot level in line with 61.8% Fibonacci retracement and 100% Fibonacci projection towards potential take profit level in line with 78.6% Fibonacci projection and horizontal support. Our bearish bias is further supported by the Ichimoku cloud acting as a resistance. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the websit
Short
by Rockqet
EURAUD SHORT 250 PIPSEURAUD SHORT Why are we entering? - Expecting AUD strength and EUR weakness - Price is approaching a trendline & structure. What are we waiting for to happen? - Rejection of structure level - Trendline touch Entry 1.582 SAFE Entry: Rejection of trendline & structure level with a break of RISK trendline Risk Entry 1: Break of RISK trendline Once entered, where will our Stoploss be? - Above the trendline (above 1.587) 50 pips Where do we take profits? - First TP: 1.569 (130pips) - Final TP : 1.557 (250pips) - Holding remainder of position as we may short further with stop loss placed at 100 pips profit
Short
by Pips-Collector
2