Eur-aud
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.
EURAUD appears oversold Signal ID: 71671
Time Issued: Wednesday, 29 April 2020 06:00:15 GMT
Status: open
Entry: 1.65496 - 1.66364
Limit: N/A
Stop Loss: 1.64192
The Congestion Opportunities Strategy has just bought EURAUD at 1.6593. The system recommends entering this trade at any price between 1.65496 and 1.66364. The signal was issued because the 28-hour Relative Strength Index indicates that the EURAUD may be overbought, while the Speculative Sentiment Index reading of 1.34148 indicates that trader sentiment is not at extremes.The 14-period Average True Range on a daily chart is 0.01738, so the stop loss has been set at 1.64192. 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.Congestion Opportunities is a range trading strategy that aims to sell overbought currency pairs and to buy oversold currency pairs. The strategy will only trade when the Speculative Sentiment Index for that currency pair is between -1.5 and +1.5. Limiting range trading in this way has shown in the past to significantly raise the probability of successful range trades.
EUR/AUD: Bearish Hi guys,
As analyzed last week (please check the idea below) the pair broke its structure to the downside and is now ranging.
I am shorting the pair and I am targeting 1.68050 as a first target which is a technical target.
The second target will be developed in another idea.
*** Trade at your own risk ***
EUR/AUD LONG SWINGHello traders!
Been watching this pair, closed at +70 pips before the market went flat after US session.
Closed the trade before the market closed even tho it was semi-safe but with the current market conditions, you never know what could happen.
This is defiantly a swing trade with high potential profit!
LOOKING FOR ENTRY NEXT WEEK!
This will be more of a swing trade and so far looking really nice for swing trade potential!
I posted this idea before but it had text errors with the wrong pair in the title.. sorry :/
EUR/AUD: Sell trade triggered, huge target, check it out! Hi guys,
My sell trigger was activated on EUR/AUD as well (check out EUR/USD and EUR/JPY as well below).
The pair broke its structure to the downside. Its also below all pivots (M, W, D) and below the clouds.
My technical target is shown in my chart.
If you like my work, please show some love :-)
Best,
Jesse
*** Trade at your own risk ***
The Social Traders | EURAUD ShortLooking to short EURAUD on the retest of the previously established support at 1.70000. Multiple confluences in play here including the 38.2% fibonacci level a 3rd touch of the descending trendline and when pa reaches there we will also have the 4hr 50 ema and daily ema wrapping around.
EURAUD Price broke support no what do we do? 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!
EUR/AUD: Don't miss this opportunity ! Check out my trading planHi guys,
I hope you are doing well.
EUR/AUD is facing a strong H4 resistance (pink cloud) and is currently consolidating.
As you can see we've been in a downtrend and now the pair is moving in a channel below the daily pivot.
As soon as this structure breaks, I will short the pair.
My minimum target will be the 50% fib extension level @ 1.68600. As you can see the reward is huge !
Please show some love, interactions, whatever you want, if you like my work.
Cheers,
Jesse
*** Trade at your own risks ***
EURAUD - SWING - 21. APR. 2020Welcome to our weekly trade setup ( EURAUD )!
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1 HOUR
Bullish pa above our blue entry level.
4 HOUR
Price pulled back towards our level, great long entries!
DAILY
Overall very bearish market at support zone, expecting some bullish moves finally.
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FOREX SWING
BUY EURAUD
ENTRY LEVEL @ 1.71380
SL @ 1.70220
TP @ 1.73110
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
EURAUD IN DESCENDING CHANNELHello 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 the analysis.
One can tall a sell trade as the pair is in Descending channel
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.
Ryan.R..Lopes
EURAUD Will price double bottom? 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!
Good Luck!!!!!!!!!!!
EURAUD technically based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 EURAUD technicaly based idea, we can see price is bounce from up trend line, candels formation is good bearish, technicaly indicators showing we can expect higher push down in price exepcting push till bottom trend line and possible break will udpate with time. EUR one of the weakest currencys currently.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!