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Eur-aud

Don't miss the great sell opportunity in EURAUDTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.6950). 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 downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 1.6615 TP2= @ 1.6400 TP3= @ 1.6085 SL: Break Above R2
Short
by ForecastCity
17
Don't miss the great sell opportunity in EURAUDTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.6950). 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 downtrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 66. Take Profits: TP1= @ 1.6615 TP2= @ 1.6400 TP3= @ 1.6085 SL: Break Above R2
Short
by ForecastCity
23
EURAUD - FOREX - 21. FEB. 2020Welcome to our weekly trade setup ( EURAUD )! - 1 HOUR Very bullish price action towards previous resistance 4 HOUR Waving formation at its top, we need a drop now. DAILY Short holders taken out before droping further down. - FOREX SETUP SELL EURAUD ENTRY LEVEL @ 1.63460 SL @ 1.64560 TP @ 1.61260 RR: 2.0 Use 0.5% risk! (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
20
EUR/AUD-4 Hour overviewHello everyone, I want to share this with you! -On a 4-hour time frame, we can see that the price is moving between support and resistance area and we can see that price yellow support/resistance line and we can clearly see that the price broke that line and the price retested that line and continued moving in a bearish direction and on 1-hour time frame we can see that price tested that line few times and the price rejected and continued moving in bearish direction. -I expect retest on a support area(lower blue area) and then we can see will the price make pullback or will it break that area. -On a daily base, EUR is stronger than AUD and on a weekly base, EUR is still a little bit stronger than AUD. If EUR remains stronger than AUD we can expect bullish movement and if AUD gains some power and EUR loses its power we can expect bearish movement. -WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in the comment section! THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support, I will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial advice.
by lCrn49
EURAUD Bullish OpportunityWe have here a bright set up for the reasons below -Entry reason for most optimal RR would be for price to check support 1 more time giving us a candlestick pattern to enter -Price is respecting its descending trend line therefore price wants to test it again before attempting to breakout -Price retesting its descending trend line 1 more time then gives us a strong trend continuation trade at our trend line and the 38% retracement signifying its still a bearish market with optimal RR on the trading idea.
Long
by RiosTrades