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Eur-aud

AUDCAD, D1 | Nice confluence setup for a reversalWe're seeing price approach major resistance at 0.9094 which is an overlap resistance, 38.2% FIbonacci retracement, 61.8% Fibonacci projection and the bearish Ichimoku cloud is giving price a nice bearish momentum. A reversal from here could see prices drop towards the 0.8943 level. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘Name of third party provider). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Name of third party provider. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM EU LTD (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): ** Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com FXCM Markets LLC (www.fxcm.com): Losses can exceed deposits.
Short
by FXCM
EURAUD: May experience a long term trend shiftEURAUD is touching at the moment the bottom of the Channel Up pattern that has been in place for 10 months. The 1D time frame is technically almost oversold (RSI = 32.980, MACD = -0.011, ADX = 36.222) with the RSI in particular last time it was that low was in July 28th 2022. If the price doesn't rebound on the current level, we expect a test of the 1D MA200. In that case, we may see a long term trend shift from the Channel Up to a newly formed Channel Down, which on the next rebound near the 1D MA50, will give us a low risk sell entry targeted at S2 (TP = 1.52650). If the price closes a 1D candle over the 0.5 Fibonacci level, we will buy the Channel Down break out and target the Resistance (TP = 1.67850). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
by InvestingScope
2
EURAUD to find sellers at current resistance?EURAUD - 24h expiry - We look to Sell at 1.6090 (stop at 1.6140) Current prices have reacted from a low of 1.5978, however, we expect further losses to follow. Previous resistance located at 1.6050. There is no clear indication that the downward move is coming to an end. A higher correction is expected. Risk/Reward would be poor to call a sell from current levels. A move through 1.5978 will confirm the bearish momentum. Our profit targets will be 1.5970 and 1.5950 Resistance: 1.6100 / 1.6140 / 1.6240 Support: 1.5978 / 1.5900 / 1.5850 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
Euraud, pullback coming and then could be resuming its upmovepullback should be coming in on euraud ,looking to take long on lower timeframe. Similarity on the gbpaud as well :) **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
EURAUD to find support at previous resistance?EURAUD - Intraday - We look to Buy at 1.6350 (stop at 1.6300) Previous support located at 1.6400. Previous resistance located at 1.6425. Broken out of the triangle formation to the upside. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. A move through 1.6425 will confirm the bullish momentum. Our profit targets will be 1.6470 and 1.6495 Resistance: 1.6425 / 1.6450 / 1.6475 Support: 1.6400 / 1.6350 / 1.6325 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
EURAUD in a triangle.EURAUD - 24h expiry - We look to Sell at 1.6325 (stop at 1.6375) Previous support located at 1.6250. Previous resistance located at 1.6300. Price action has continued to range within a triangle formation. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 1.6205 and 1.6185 Resistance: 1.6300 / 1.6325 / 1.6400 Support: 1.6250 / 1.6200 / 1.6100 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Short
by VantageMarkets
Euraud bias should be more downside **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys
EURAUD: May take a month to establish a Support. Accumulation.The EURAUD pair is on a strong green 1D candle today, turning 1D technicals neutral again (RSI = 48.319, MACD = 0.001, ADX = 27.956) after the 1D RSI rebounded from a 42.000 three month low yesterday. It did so after crossing under the 1D MA50 for the first time in 2.5 months. As long as S1 holds, we see a lengthy (even 1 month) support formation, inside a long term Channel Up, a formation similar to January/ February. Our long term target is the 1.236 Fibonacci (TP = 1.69500). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
by InvestingScope
EURAUD Sell signal, short-term at leastThe EURAUD pair gave us last time (January 17) an excellent buy signal on the 1D MA200 (orange trend-line): Right now the pair is testing its 1D MA50 (blue trend-line) following a Higher High rejection within the recent Channel Up. Technically that is a short-term sell signal and we will follow it, targeting the bottom of the Channel Up at 1.60500. With the 1W RSI getting rejected after hitting the 70.00 overbought level, it is equally probable to see an extended selling, if the price closes a 1D candle below the Channel Up. In that case we will target the 1D MA200 around 1.58500. Until the break-out happens though, we will be on a tight SL buy at the bottom of the Channel Up, targeting Resistance 1 at 1.68000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
EURAUD - Trend-Following Buy Setup!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURAUD is overall bullish trading inside the rising channel in red. Moreover, the zone 1.60 is a support zone . 🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the blue support and lower brown trendline. As per my trading style: As EURAUD is sitting around the purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
9
EUR/AUD in focus for RBA meeting and eurozone CPIWith the RBA due to meet and eurozone CPI data released tonight, EUR/AUD has caught our eye. It remains within a strong uptrend on the daily chart, although a bearish-outside day ahs slammed prices down to a 4-day low. But we’re keen on long opportunities if prices can remain above 1.6400, given the levels of technical support nearby including the 2021 high, 10/20day EMA’s and monthly pivot point. The initial target is 1.6800, a break above which brings the 1.7000 handle into focus.
Long
by CityIndex
EURAUD price action looks to be forming a top.EURAUD - 24h expiry - We look to Sell at 1.6345 (stop at 1.6401) Previous support located at 1.6300. Previous resistance located at 1.6350. Price action looks to be forming a top. The trend of higher intraday lows has also been broken. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 1.6350, resulting in improved risk/reward. Our profit targets will be 1.6215 and 1.6200 Resistance: 1.6350 / 1.6400 / 1.6425 Support: 1.6250 / 1.6200 / 1.6150 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Short
by OANDA
Euraud looks good to rally higher **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys
EURAUD confirming an Ending Diagonal Pattern? Today’s focus EURAUD Pattern Ending Diagional Possible targets 1.6045 - 1.5905 With the AUD pushing higher on Tuesday, pressure has resumed on the EURAUD. Price looks to have formed an ending diagonal, and today sellers have started to confirm the pattern with a new move breaking the pattern. Ending Diagonal patterns are best seen at the top of trends and can be a forewarning that a change in momentum is on the cards, but we need to see the pattern complete and be confirmed by a breakout. From here, we want the break to continue with a new move down to the target areas confirming the move. Traders should be wary of a new fightback that closes back inside the ED pattern. A lot will come down the AUD and if it can continue to hold its current run. Good trading.
Short
by Eightcap