EURAUD - Bullish Momentum GatheringOANDA:EURAUD may go up the next weeks after hitting the previous low of late february.
We may see it go down to 1.52500 before it reaches the resistance level at 1.56200 area.
After that we may see a bullish continuation pattern, to reach the down trendline, but only time will tell.
RSI levels are down suggesting also a move up.
We may see a double bottom forming suggesting a reversal
Eur-aud
EURAUD 800PIP LONG!Hello Traders
Here we have a EURAUD long trade idea. If you like this idea please show your support!
This trade idea is based off the fact of the EUR recovering from its monthly low since July 2020 and AUD is beginning to reach a peak and we can see this price reversing.
This trade has 2 TP zones
Take Profit 1 : 400 pips
Take Profit 2 : 800 pips
Stop Loss : 30 pips
EURAUD | More Short EURAUD is completing its head n shoulder pattern and targeting 1.53900
Two things can be done here.
Scenario 1:
Short: 1.55150
Stoploss: 1.56050
Target Price: 1.53900
Scenario 2:
Buy on Support 1 (First white candle): 1.53900
Buy on Support 2 (First white candle): 1.52940
Stoploss: 1.52500
Trail your target accordingly.
Possible trend shift in EURAUD – going long | 25th OctSignal ID: 77970
Time Issued: Monday, 25 October 2021 04:00:16 GMT
Status: open
Entry: 1.55534 - 1.56004
Limit: N/A
Stop Loss: 1.54831
The Tidal Shift Strategy has just bought EURAUD at 1.55769. The system recommends entering this trade at any price between 1.55534 and 1.56004. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.11826, which suggests that the EURAUD could be trending upwards.The 14-period Average True Range on a daily chart is 0.00188, so the stop loss has been set at 1.54831. This stop loss order is a trailing stop that will move up as the market moves up. 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.
Possible trend shift in EURAUD – going long | 25th Oct Signal ID: 77970
Time Issued: Monday, 25 October 2021 04:00:16 GMT
Status: open
Entry: 1.55534 - 1.56004
Limit: N/A
Stop Loss: 1.54831
The Tidal Shift Strategy has just bought EURAUD at 1.55769. The system recommends entering this trade at any price between 1.55534 and 1.56004. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.11826, which suggests that the EURAUD could be trending upwards.The 14-period Average True Range on a daily chart is 0.00188, so the stop loss has been set at 1.54831. This stop loss order is a trailing stop that will move up as the market moves up. 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.
BUY EURAUD This is a Trade that I'm looking to BUY or SELL:
BUY/SELL: BUY
ENTRY:1.555
Lot size: 2-3%(IF YOU ARE WANTING TO DO THIS FXTRADING LONG TERM)
Stop Loss:1.550
TP1:1.560
TP2:
TP3:(SWING)
*Disclaimer:
Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. Past profits do not guarantee future results.***
EURAUD LONG LIVE NOW!Hello traders, today we are looking at EURAUD .
This current trade is live now as we have had a break in the structure and 2hr EMA. This is a clear indication of a reversal as we have had a break in the structure and a break of the EMA which has been respected for the past few weeks, indicating reversal.
This trade has a Take profit of 220 pips, with a Stop loss of 40 pips giving us a Risk:Reward ratio of 5.5! Which is a insane ratio.
Thanks for taking the time to view my post!
EURAUD: Time to Grow 🇪🇺 🇦🇺
Hey traders,
Update to my yesterday's post on EURAUD.
The price reached a major daily support cluster.
Approaching that the price bounced nicely.
The pair has violated a falling wedge pattern on 4H confirming the willingness of buyers to buy.
Now growth is expected.
Goals:
1.608
1.616
❤️Please, support this idea with like and comment!❤️
EUR/AUD:DOWNTREND| PRICE ACTION|HEAND & SHOULDER|SHORT🔔Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
EURAUDHere on the EURAUD, price has approached a strong support zone and is currently reacting to this zone. This may be an opportunity to Long the market as it forms a double bottom.
Thanks and good luck.
Feel free to check out my other analyses, and do well to like, comment, and follow for more trading analyses and educational contents.
EURAUD Second Sell Entry for Next Week.I'm looking at this sell for next week, patiently waiting on a pullback to the area that I highlighted above.
I have been doing pretty good this week only focusing on 3 pairs, they have kept me having consistent 20-30 pips a day.
I'll keep posting every night except on Fridays -saturdays
EURAUD looking to short ...
Hello there!
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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!
EURAUD long opportunity progressing well 📈💪Trade details for current trade are shown on the chart.
I have been in this trade since 2:30 am UK time.
Sorry I missed this one on this mornings ideas but in a rush other projects always on the go.
We are working the 30M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
Previous trade can also be seen on chart didn't hit TP but closed for good profit.
Lets see where this one finishes up.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
EUR/AUD Two potential scenarios:
1. Bullish
If price finds bullish momentum we could see price break above the key resistance level of 1.6170 level. IF this happens, we could see price return to previous highs of 1.6380.
2. Bearish
On the daily chart, we can see a possible head and shoulders structure forming. If the price rejects at key resistance (1.6170) we could see price return to the 1.5920 level.
Fundamentally, I have a bullish bias on this pair due to the poor performance of AUD.
Lets see what happens!
💡Don't miss the great sell opportunity in EURAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.6142).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 1.6071
TP2= @ 1.5976
TP3= @ 1.5905
TP4= @ 1.5785
TP5= @ 1.5704
SL: Break Above R2
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
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ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in EURAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.6142).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 58.
Take Profits:
TP1= @ 1.6071
TP2= @ 1.5976
TP3= @ 1.5905
TP4= @ 1.5785
TP5= @ 1.5704
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Buy setup with EURAUDH4 time frame.
Structure: Uptrend.
After a deep downward move, the price formed a consolidation area.
The price after a strong increase broke through the consolidation zone at 1.60900, there was a retest and there was a signal to increase again from this zone.
Here, waiting for the price to form a continuation candlestick pattern, you can buy with the profit target at the price of zone 1.62500 and 1.64500.
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Wish you all have a good trading day!
EUR/AUD About to Start a New ImpulseGood morning, traders! Today, we will analyze EUR/AUD in multiple time frames to explain why we consider upside potential for the short term.
🔸Based on the technical context, we see that the price is in a short-term uptrend.
🔸Recently, there was a bounce in the support zone that gave a possible completion to the current price correction.
🔸If this is the bottom, what we are looking for is the following:
This is the 4H chart.
🔸The downtrend line is broken, and the price is now consolidating.
🔸What we expect is a break from the current consolidation. If this happens, the price may seek the resistance zone.