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Eur-aud

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.
Long
by ThinkingAntsOk
💡Don't miss the great sell opportunity in EURAUDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.6123). 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 42. Take Profits: TP1= @ 1.6034 TP2= @ 1.5972 TP3= @ 1.5877 TP4= @ 1.5773 TP5= @ 1.5619 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 ❤️
Short
by ForecastCity_World
7
💡Don't miss the great sell opportunity in EURAUDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.6123). 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 43. Take Profits: TP1= @ 1.6034 TP2= @ 1.5972 TP3= @ 1.5877 TP4= @ 1.5773 TP5= @ 1.5619 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 ❤️
Short
by ForecastCity
6
EURAUD Facing bullish pressure | 29 July 2021EURAUD holding above ascending trendline support. With technical indicators showing room for further bullish momentum, a push up above our entry at 1.60538 where we have moving average support and Fibonacci confluence zone, towards long term graphical swing high resistance at our target 1.61306 could be possible. Our take profit level also has both -27.2% and -61.8% Fibonacci retracement levels lining up as well 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 interests 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 FXCM
1
Sell on EURAUDHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price has hit its TRENDLINE RESISTANCE and is falling down. Let us know your views on this in the comment section. Thank you all. There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on, and we will get it for you. Do like and follow us.
Short
by Ryan_lopes
EURAUD Facing bullish pressure | 23 July 2021EURAUD holding above both moving average support and ascending trendline support, showing that price is still holding within a bullish environment. A bounce above our Entry at 1.59120 where we have 651.8% Fibonacci retracement towards 50% Fibonacci retracement and graphical overlap resistance at 1.60249 could be possible. 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 interests 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 FXCM