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EURAUD

I think EUR will increase againHello everyone, EUR/USD is currently recovering but remains below the 1.0800 level at the start of Wednesday. The pair is receiving support from a significantly weaker US Dollar, even as inflation cools in Germany and the market remains unconcerned about the Eurozone's HICP release, US ADP employment data, and Powell's speech. However, EUR/USD is predicted to encounter resistance early at the EMA 34, 89. The downtrend may still hold a significant advantage, but I believe it's breaking through resistance. Additionally, the pair trading below both EMAs is a disadvantage for buyers. Therefore, we'll wait for confirmation from a few candlesticks before making any decisions at this point.
by Midas_Calista
2
EURAUD I It will bounce from demand zone - BUY Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Long
by BKTradingAcademy
I'm Back: EURAUD ShortMARKET PHASE OANDA:EURAUD is in a long term downtrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE Price continued to break new highs within this corrective structure. Eventually, price reached an area where sellers stepped in, resulting in a buildup of liquidity (buy stops, longs, short stop losses) above the corrective structure swing highs. Price violently moved up to trigger the buy stops (liquidity) to pair against the sell orders needed to take price down. Price then started it's initial move down and actually sustained selling pressure for some time. Due to the velocity of the downward move, priced gapped around 1.64394. During this morning, price hit 1.64394 a couple times and sold off aggressively, supporting our thesis. Our sell limit order was filled and we are now in a short with the following parameters: TRADE Sell Limit: 1.64394 Stop Loss: 1.64534 Take Profit: 1.64114
Short
by Mankz
EURAUD - 4hrs ( Sell After Retest 1.64700 Area / Tp 250 PIP ) 💵Pair Name : EUR/AUD 🌐1 DAY RELATIVE PERFORMANCE EUR 0.06% / AUD 0.38% Time Frame : 4hrs ------ 🔗 Key Technical / Direction ( Short After Retest ) Type : Mid Term Swing —————————— 💲Why We Enter'd This Trade ———————— ....The reasons for entry are next at 1.64700. ....We have a resistance point... a monthly exchange of roles for the price has been broken. ....We also have a change zone of character that has been broken and the price has to be retested to make the movement healthy. ....We also have the lowest two weeks, and the lowest two-day price has broken them. ....We have a gold fibo extension of 0.618% at the re-testing area. ....We have an MRI that supports a fall in price and also protects our income from reflection.
Short
by GentleGoldenEngine
EURAUD to continue in the downward move?EURAUD - 24h expiry The medium term bias remains bearish. A higher correction is expected. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Preferred trade is to sell into rallies. We look to Sell at 1.6480 (stop at 1.6516) Our profit targets will be 1.6390 and 1.6370 Resistance: 1.6480 / 1.6510 / 1.6550 Support: 1.6420 / 1.6385 / 1.6345 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 Massive Long! BUY! My dear friends, Please, find my technical outlook for EURAUD below: The instrument tests an important psychological level 1.6442 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.6509 Recommended Stop Loss - 1.6404 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURAUD Trading Opportunity! BUY! My dear subscribers, EURAUD looks like it will make a good move, and here are the details: The market is trading on 1.6455 pivot level. Bias - Bullish My Stop Loss - 1.6416 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.6524 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
EURAUD Strong sell opportunity within the Channel Down.Last time we made a call on the EURAUD pair (January 02, see chart below), we caught the best buy entry right at the bottom of the former Channel Down that easily hit our 1.6600 Target: This time we are presented with a strong sell opportunity as the price just broke yesterday below the March 07 Support, making a new short-term Lower Low. This confirms the longer term bearish extension towards the Channel Down bottom for a new Lower Low. We are going for a standard (for this Channel Down Bearish Legs) -4.25% decline from the top, targeting 1.60350. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
2
EURAUD Analysis: Opportunity to Sell at 1.66925? My analysis shows that the EURAUD currency pair is currently at 1.66925 with a high probability of a sell (sell) trade. Strong resistance at 1.66925: The 1.66925 level forms a strong resistance zone with the convergence of several resistance levels. Forecast: EURAUD is expected to move down from the 1.66925 level. The first downside target is at 1.65700. If it crosses 1.65700, we can predict a decline to 1.64500. important points: Pay attention to risk management and the use of stop loss in your transactions. This analysis is for informational purposes only and does not constitute investment advice
Short
by ForexCSP
EURAUD resistance continues to cap gains.EURAUD - 24h expiry The medium term bias remains bearish. Price action looks to be forming a top. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Bespoke resistance is located at 1.6560. We look to Sell at 1.6560 (stop at 1.6596) Our profit targets will be 1.6470 and 1.6450 Resistance: 1.6560 / 1.6590 / 1.6630 Support: 1.6500 / 1.6460 / 1.6420 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