Eur-aud
EUR/AUD Signal - EUR Sentix Investor Confidence - 9 Aug 2021EURAUD is trading to the upside today prior to the EUR Sentix investor confidence data, which is a monthly survey which shows the market opinion about the current economic situation and the expectations for the next semester. Technically the pair has broken a descending wedge pattern to the upside, and the RSI is indicating a bullish move. We anticipate continued upside into the 1.6118 level.
💡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
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💡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!
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Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️
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.
EURAUD Next Impulse Leg Due?EURUAD has completed the correction phase and now that we have seen the market environment shift Bullish we can expect another impulse to the upside to continue the trend.
MACD Above 0
10MA Above 20
Price executed at pivot point
Targets set at 1.272 of first impulse.
+3 R/R
Comment below which pair you would like to see next. - Nick
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.
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.
EUR/AUD:NEW SWING RETRACEMENT PENDING|UPTREND|LONG SETUP 🔔Welcome back Traders, Investors, and Community!
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EURAUD facing bullish pressure | 22nd July 2021EURAUD is above approaching buy entry, in line with 100% Fibonacci extension. Prices are expected to rally towards take profit, in line with 161.8% Fibonacci retracement and 61.8% Fibonacci extension. Alternatively, prices may fall to take support at stop loss, in line horizontal pullback support, and 50% Fibonacci retracement. EMA is holding below our prices and MACD is above the 0 line.
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.
EURAUD facing bullish pressure | 21th July 2021EURAUD approaches resistance at 1.61218, in line with 161.8% Fibonacci retracement and 100% Fibonacci extension. Prices are expected to surpass this level and increase towards take profit, in line with -61.8% Fibonacci retracement and 161.8% Fibonacci extension. Alternatively, prices may reverse off and take support at stop loss, in line horizontal pullback support, 61.8% Fibonacci extension, and 31.8% Fibonacci retracement. EMA is holding below our prices.
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.
EURAUD approaching 1st resistance. Potential upside!EURAUD approaches 1st resistance, in line with 161.8% Fibonacci retracement and 100% Fibonacci extension. Prices are expected to surpass this level and increase towards 2nd resistance, in line with -61.8% Fibonacci retracement and 161.8% Fibonacci extension. Alternatively, prices may reverse off the 1st resistance, and take support at 1st support, in line horizontal pullback support, 61.8% Fibonacci extension and 31.8% Fibonacci retracement. EMA is holding below our prices.
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EURAUD Sell Trade Opportunity (My View)EURAUD>>??<<>>?? This Pair Is Shaping Up Nicely For A Sell Trade. Ideal Indicated On Chart With SL Slightly @ Resistance (You Can Have Yours Slightly Above The Resistance or Higher High) ... You Can Alternatively Look For Your Own Sell Set-Ups & Cashing In As This Pair Slowly Moves Down.
Bullish Situation on EUR/AUDGood morning, traders! We want to present you this opportunity in EUR/AUD, since today there was an interesting breakout, and there is the possibility of taking a trade in this direction.
🔸 Let's start by analyzing the weekly chart, to see where this bullish idea comes from:
🔸 As we can see, the price is in an upward channel that begins in 2013, and a new rebound took place a few weeks ago.
🔸This bounce also implies a breakout of the bearish channel, which is a second bullish sign.
🔸Since then, the movement has been clearly bullish, but it could be considered somewhat choppy.
🔸Today, we saw a breakout of the supply zone, which previously could not be broken.
🔸This allows us to look for a bullish setup.
🔸The idea in the 4H chart is the following:
🔸The objective is to wait for a retest of the broken area. After that, if the price is rejected there, we can confirm the bullish scenario.
💡Don't miss the great buy opportunity in EURAUDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.5871).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 1.5919
TP2= @ 1.5973
TP3= @ 1.6013
SL= Break below S2
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. . . . . Please show your support back,
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💎 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 ❤️
💡Don't miss the great buy opportunity in EURAUDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.5871).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 50.
Take Profits:
TP1= @ 1.5919
TP2= @ 1.5973
TP3= @ 1.6013
SL= Break below S2
❤️ 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 ❤️
💡Don't miss the great buy opportunity in EURAUD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.5818).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 46.
Take Profits:
TP1= @ 1.5858
TP2= @ 1.5902
TP3= @ 1.5942
TP4= @ 1.5977
TP5= @ 1.6000
SL= Break below S2
❤️ 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 ❤️
💡Don't miss the great buy opportunity in EURAUD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.5818).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 46.
Take Profits:
TP1= @ 1.5858
TP2= @ 1.5902
TP3= @ 1.5942
TP4= @ 1.5977
TP5= @ 1.6000
SL= Break below S2
❤️ 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 ❤️