Get started

Eur-aud

EURAUD Monthly/ Weekly analysis EURAUD on the monthly chart (left side) has been inside an uptrending channel dince July 2012. Market in the past months went up in a sharp impulse till the top of the channel before starting a strong pullback as we can see on the weekly chart (righ side) Price hit the previous weekly support and weekly ascending trendline before starting a new leg up. Now the market is close to the upper resistance zone where the price could break and retest it to reach the 0.382 or retrace back for a break of the weekly trendline and look for the monthly lower part of the channel. ––––– Follow the Shrimp 🦐 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 Plancton0618 strategy will trigger.
by InkyGrip
2
EUR/AUD: Buying the pair for 50 pips, see why !The pair is printing higher lows and higher highs (HL/HH), suggesting buyers are in control. It's currently above the pivot level. EUR is one of the strongest pairs today and NZD one of the weakest. The pair broke on H1 and M15 major levels: - on H1 and M15 price is now ABOVE the cloud - on M15 the lagging span broke the Kijun-Sen, Tenkan-Sen, and the KUMO, indicating it's super bullish. We can also see that the LS is free of any resistance on H1. I will wait for a minor retracement and go long from there. Targeting the previous highs. Trade at your own risk
Long
by SwissPips
1
SIMPLEAll is explained in the chart, price is currently at a strong support level that has previously been used as strong resistance so this proves this is a very strong key level. This is as simple setup as you can get with 2 very nice targets that if met will have you counting your money for days ;p You can also use a tight stoploss on trades like this because if this support is broke then there is a very high chance that bears will take over pushing price lower, there is a chance that price could create a bearish spike around levels this strong to take out any stop losses ion the area before bulls take back over and push price up, if this happens and hits our stop then we will just enter the trade again. If you need any help trading then just send me a message :) Lots Of Love Laura x
Long
by FreeSignalsUK
3
EURAUD Double Bottom 🦐The market after a long downtrend found a bottom on the weekly support structure. After creating a double bottom on it price has now moved up, cutting the EMA 21 and testing the daily structure in blue. If the market will manage to break and close above it we can look for a nice long order with a first tp around 1.67400 area. ––––– Follow the Shrimp 🦐 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 Plancton0618 strategy will trigger.
Long
by InkyGrip
EURAUD - SWING - 05. AUGU. 2020Welcome to our weekly trade setup ( EURAUD )! - 1 HOUR Bearish break below main sr level. 4 HOUR Overall bullish market turning right now.. DAILY Great short entries for a retrace setup, expecting a push to previous lows. - FOREX SWING SELL EURAUD ENTRY LEVEL @ 1.64670 SL @ 1.65360 TP @ 1.63630 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
45
EURO-AUSSIE STRUCTURE ANALYSIS|KEY LEVELS| EURAUD is trading in a massive upward channel with a strong horizontal support in green as an additional backup. After the in-channel diagonal resistance was broken, the pair was set free to go up with the channel and retest the upper bounds. Now, the small diagonal resistance has also been broken and there the new target is the horizontal structure resistance. There is a hight chance for it to be tested soon. Therefore i am bullish short term. Key levels for now: Resistance: 1.6584 Support1: wherever the diagonal support gets touched. Support2: the broken diagonal resistance is now a mirror level Support3:1.6113 to 1.6055(if the channel support is broken again) Thank you for reading, like and subscribe and have a nice day.
Long
by ProSignalsFx
2
Trade 4 - EURAUD; Long (CMP entry)Looking to get on the next move to the upside on EURAUD after the pair has been holding strong on support and looking like a potential wedge is forming offering some space to the upside, with a 25 pip SL at 0.5% risk offering a 3:1 RR for the final target, but potential for the trade to be held longer depending how things develop. Reasons for the trade: 1. Market showing signs of reversal from the recent bearish run and market pressure, showing the potential to break to the upside. 2. Support has held firm and now price is showing some momentum to the upside with plenty of space. 3. Dynamic support has held strong on a number of times going long on the 5th touch of this area, stop placed below the wicks of the most recent touches with space to breath.
Long
by ChartL