📊 EUR/AUD Analysis 🌐📊 EUR/AUD Analysis 🌐
External Liquidity Excluded 🚫💧:
The EUR/AUD pair, sans external liquidity, exhibits a distinct bearish trend. Eliminating external factors provides a clearer picture for traders.
Smart Money Concept 🧠💸:
Applying the Smart Money concept reinforces the bearish sentiment. Strategic moves by major players align with the current downtrend.
Target: External Low Structure 🎯📉:
The bearish outlook centers around the targeted external low structure, a potential key resistance. This level holds significance and may mark a shift in momentum.
Key Factors Influencing Bearish Outlook 📉🔍:
Fundamental analysis points to economic indicators and geopolitical factors contributing to the bearish sentiment. Technical analysis highlights chart patterns indicative of a sustained downtrend.
Risk Management 🛡️📉:
Implementing risk management strategies, such as stop-loss orders, is crucial to safeguard against unexpected market fluctuations.
Conclusion 📈📉:
In summary, EUR/AUD analysis, excluding external liquidity, indicates a bearish trajectory. Smart Money alignment and the focus on the targeted external low structure guide traders. Stay vigilant, manage risks, and adapt to evolving market conditions for successful trading. 🌐💹
EURAUD
EURAUD: Very Bearish Trading Setup 🇪🇺 🇦🇺
After a test of a key daily resistance, EURAUD formed a huge double top pattern.
The breakout of a neckline of the pattern is an important bearish confirmation.
We can anticipate a bearish movement to 1.6543 / 1.6489
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Five Wave UpGreetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes.
It's important to understand that making an error in analysis is not a fault, but evading responsibility is.
No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get.
We analyze from multiple perspectives to consider all possibilities.
Let's mention a few opinions and ideas!
Based on mathematics.
I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future.
Thank you for your continued support, and I look forward to our mutual success.
Best regards,
Mr. Nobody
Keep trying and never give up.
Good luck!
EURAUD Technical Analysis! BUY!
My dear friends,
My technical analysis for EURAUD is below:
The market is trading on 1.6620 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.6696
Recommended Stop Loss - 1.6570
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
EURAUD - Long active ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect bullish price action from here as price filled the imbalance and rejected from bullish price action + institutional big figure 1.66000.
Like, comment and subscribe to be in touch with my content!
EURAUD: Bullish Continuation & Long Trade
EURAUD
- Classic bullish formation
- Our team expects pullback
SUGGESTED TRADE:
Swing Trade
Long EURAUD
Entry - 1.6614
Sl - 1.6565
Tp - 1.6700
Our Risk - 1%
Start protection of your profits from lower levels
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EURAUD Will Go Higher! Buy!
Please, check our technical outlook for EURAUD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 1.663.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.671 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
EURAUD to see a reversal?EURAUD - 24h expiry
Price action has continued to trend strongly lower and has stalled at the previous support near 1.6600.
Price action looks to be forming a bottom.
We expect a reversal in this move.
A move through 1.6650 will confirm the bullish momentum.
The measured move target is 1.6700.
We look to Buy at 1.6600 (stop at 1.6560)
Our profit targets will be 1.6700 and 1.6720
Resistance: 1.6650 / 1.6675 / 1.6685
Support: 1.6625 / 1.6600 / 1.6575
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.
EURAUD 🤖AI Landscape: Unveiling Potential Support & ResistanceEURAUD Landscape: Unveiling Potential Support and Resistance
Greetings, Esteemed Investors and TradingView Community,
A s we delve into the intricacies of the EURAUD chart, we uncover intriguing trends and patterns that may shape its future trajectory. Today, we'll explore the insights gleaned from Support Vector Machines (SVM), a powerful machine learning algorithm that can decipher support and resistance levels.
S VM has identified the blue zone, a potential support area, anchored by significant daily closes on September 29th and November 3rd. This zone has been instrumental in buoying the EUR against the AUD, propelling its price upwards.
W hile the EUR experienced a continuous rally until encountering the purple falling trendline last week, this formidable barrier forced it to retreat to the support level established on October 20th. However, the combined strength of the September 29th rally and the subsequent surge on November 3rd could potentially break through this resistance trendline.
E xtrapolating from the EUR's performance last week, we anticipate a continued upward movement. However, a correction is not out of the question, and its timing could significantly impact future outcomes.
I f the EUR successfully breaches the resistance trendline, any subsequent pullback will not negate the overall bullish trend, and we will consider adjusting our targets upwards. Conversely, a reversal from the current support level would cast doubt on the bullish trend, prompting us to reevaluate our strategy and consider local trends between September 29th and today.
C onsolidations often precede bearish market reversals. In such a scenario, we would contemplate opening a short position.
C urrently, our long position initiated within the support zone boasts an attractive risk-reward ratio of 11.
Please remember that this is not investment advice, and we strongly encourage you to conduct thorough research and consult with financial professionals before making any trading decisions.
With gratitude,
Ely
EURAUD Will Explode! BUY!
My dear subscribers,
My technical analysis for EURAUD is below:
The price is coiling around a solid key level - 1.6638
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.6713
My Stop Loss - 1.6483
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
EURAUD Last chance to enter.If you missed our buy entry on the EURAUD pair (September 28, see chart below), don't be alarmed, the market is providing once last chance to enter:
As we identified on that analysis, the most optimal buy entry was below the 1D MA100 (green trend-line), which is where all previous technical Higher Lows of the 1 year Channel Up were priced. That completed a -4.41% decline from the Higher High, similar to January 27. The minimum bullish sequence within this Channel Up has been +7.72%, but due to the presence of the Inner Higher Highs trend-line, we have to lower our long-term target from 1.7500 to 1.7350.
As you can see, the price is now again marginally below the 1D MA100, giving one final opportunity for buyers to join. It is on the same symmetric 0.786 Fibonacci level, which when it broke during previous Higher High rallies, the pair went for a new peak. The bullish break-out signal can be given with a candle closing above the 1.6850 Resistance.
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EURAUD Long Term Buying Trading IdeaHello Traders
In This Chart EURAUD HOURLY Forex Forecast By FOREX PLANET
today EURAUD analysis 👆
🟢This Chart includes_ (EURAUD market update)
🟢What is The Next Opportunity on EURAUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
EURAUD Buy/LongLooking to enter in EURAUD long from here since the channel trade has shown this is a bullish trend and as well highlighted in the RSI that we can be breaking through these moving averages. Below is the signal inputs. Please enter in with proper risk management. If any questions on the trade please comment below and be sure to follow us on X!
EURAUD
Buy/Long
Entry: 1.66308
Stop Loss: 1.64145
Targets:
TP: 1.74953
SWING TRADE
Risk: 2-5% of Capital
↑ EURAUD: good chance to re-test previous highThe overall trend for EURAUD is bullish, with a strong weekly candlestick rejection of the moving average of 20, while on the daily, price action add up to a bullish momentum by currently forming a bullish engulfing, and a break of MA 20 would strengthen the bullish bias. Now, on a shorter time frame, we might expect a small pullback towards the area of support, where the current 20/50 MA's hold, possibly due to the upcoming news release, and then the trend should continue it's move up to re-test previous high zone as marked in the photo.
Short @EURAUDEUR/AUD recovered quickly after dipping to 1.6631 and intraday bias remains neutral at this point. On the upside, sustained break of 1.6843 will resume the rebound from 1.6319 for retesting 1.7062 high next. On the downside, however, below 1.6631 minor support will turn bias back to the downside for 1.6449 support instead.
EURAUD | COULD BE A GOOD BUY Hey Traders!
EURAUD could be a good buy, it broke out daily triangle pattern, and has not yet finished reaching the previous inverse head and shoulders take profit level.
I believe this + the overall market direction of moving averages will take this trade further to the upside.
As always first take profit should be around 20-30 pips then manage according to the current market sensitiment.
EURAUD AT SUPPLY..... WHAT'S NEXT?If we understand the concept of supply and demand, then making trading decisions won't be so hard for us. trading is simple plus and minus. all you need is to identify a good supply{resistance} and then plan a sell trade from it. and or identify a good demand{support} and plan a buy trade from there.
Supply and Demand are no different from support and resistance, they are simply an area and not a line.... they are the zones that makes things happen. price moves impulsively to the opposite direction once it approaches these areas.
so with that in mind, I am looking to short EURAUD. as price just retested a supply zone and rejected for a second time. creating a double top like structure. Meanwhile, price had just broken out from a recent uptrend here in this 4hr chart. closing below a recent low... now I expect a pullback to the 1.67800 price area for a nice entry and a tighter stop loss.
it may or may not pullback that much, but it is only right that it does. GOODLUCK GUYS!!!