Quick Channel CheckSeems EURAUD is on a channel in both the 1hr and 4hr timeframe. Let me know what you think guys.
Eur-aud
Don't miss the great buy opportunity in EURAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.664). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
Take Profits:
TP1= @ 1.6876
TP2= @ 1.7010
TP3= @ 1.7315
SL= Break below S2
Don't miss the great buy opportunity in EURAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.664). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
Take Profits:
TP1= @ 1.6876
TP2= @ 1.7010
TP3= @ 1.7315
SL= Break below S2
EUR AUD 2 POSSIBLE SCENARIOSHi there. There are 2 possible scenarios on EURAUD.
The first one is wait for the price to reach the SMMA. If price moves correctively, wait and watch strong price action for sell.
The second scenario is possible if price starts to move impulsively to the upside. If that happens wait for the price to form a continuation pattern and watch strong price action for buy.
WOL3.0 #52 4ºEURAUD buy 1.70903
SL 1.66571
TP 1.79579
R= 433.2 pips
If price reaches 1.75243, move SL to 1.71765
EURAUD - SWING - 07. MAY. 2020Welcome to our weekly trade setup ( EURAUD )!
-
1 HOUR
We broke below main resistance level..
4 HOUR
Pullback towards our blue leve, expecting a break to the downside now!
DAILY
Overall bearish waving market structure, looking for another bearish wave.
-
FOREX SWING
SELL EURAUD
ENTRY LEVEL @ 1.69050
SL @ 1.71080
TP @ 1.66090
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
EUR/AUD TRADE LONGEUR/AUD reacted to its support line and will move upwards.
AND BEST TIME TO BUY.
FOLLOW ME. STAY INFORMED UNTILL THE ANALYSIS IS DONE.
EUR/AUD LONGEUR/AUD ANALYSIS
5/6/20
Oh boy, this is my favorite pair.
I have linked all my past ideas about this pair below to check out for yourself.
This pair does not let me down, it's like we work universally together
Currently in a correction,
looking to take this to the upside
Do NOT trade before taking confirmation.
Stay Patient!
Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature
PM for VIP signals group
EURAUD - LONG (MACD Divergence)Last time there was a MACD Divergence, we saw a 650 pip rally.
Similar thing is happening now. Price currently making an ending diagonal
EUR/AUD: Short entry triggered I entered short this trade a couple of minutes ago.
Volumes suggest we are having a pullback and the structure looks for the moment to be parallel.
I will monitor the position in case it goes against me.
*** Trade at your own risk ***
EUR/AUD SHORT EUR/AUD
ANALYSIS 5/3/20
last time I forecasted this pair my TA was to go LONG
since then it's been 500+ pips
However, now it needs a retracement.
Price has taken off without any pullback
Could potentially see price push down back to monthly supp before looking for longs
Do NOT short before taking confirmation.
Stay Patient!
Reminder: Drawing is only an idea of how price will move, it's NOT 100% perfection due to market nature
PM for VIP signals group
EURAUD will price bounce off the 200EMa or R2? This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
EURAUD Impulse or Correction?With the Data given to us by the Market its only right to seek out both reason's as to why investors may enter Bullish or Bearish, My intentions in this pair is to speculate price action as it makes its ways to Important zones of Price Action. I'm waiting for Confirmations to Line-Up at Price Points I've Selected in the Chart Above.
Tell Me Your Bias with EAMoving 1,800 pips, I would rather hold Litecoin (badjoke). Anyway, for once my bias is neutral because honestly I've never seen anything like this in my life as far as price action and average true range going through the roof. I'm looking for new perspectives that can give me more insight. Please post your TA and FA below for EUR pairs this week. The goal is to predict their move in the next 12 hours. I will not be trading this for fundamental reasons between the community markets of Europe and Australia interlink with Chinese and Russian suppliers manipulating that side of their economy.
My focus this week for me is on the EUR and the USD
22:57:13 (UTC)
Wed Apr 29, 2020
500 pips in 24 h! Update from yesterday's long suggestion.See previous idea posted publicly,
14:06:15 (UTC)
Fri May 1, 2020
EURAUD - LONG - 600pip TargetPrice broke descending trendline and structure with an impulse. Await retracement to finish and retest the broken structure.
Enter on retest.
Stoploss below completed retracement low
TP next structure levels
EUR/AUD SWING UPGreat Day!
Price has come down like expected from last analysis (linked below)
EA has been a pair that I have been monitoring, I do see some more downside potential before the move up.
Getting close to the 1.6500 Monthly Supply (strong)
Retracement can be seen up 1,000+ pips
AUD running out of steam, things could come into play at any time
closely watching and will be updating.
Would love to hear what you think!
WOL3.1 #53 3ºEURAUD buy stop 1.74800
SL 1.71093
TP 1.82209
R= 370.7 pips
Si el precio llega a 1.78523, mover SL a 1.75545
EURAUD AnalysisFrom its peak on 16th March, within less than 2 months we've seen price drop -16%. However, from this chart pattern we could expect to see a reversal and from a COT perspective banks are now adding Euro longs while reducing their Australian dollar holdings which could also suggest that the market could be bottoming out and attempt to create a base. We are keeping an eye on current levels to see if we see any bullish signs and if the overall longer term bullish trend will continue.
