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EURAUD

EURAUD H4 | Bearish reversal off 127.2% fibo?Price is rising towards our sell entry at 1.6650, which is an overlap resistance, aligning with the 127.2% fibo extension and 100% fibo projection. Our stop loss is at 1.6757, which is above the 161.8% fibo extension. Take profit is at 1.6547, which is an overlap support level. 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. 70% 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. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% 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 Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. 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.
Short
by FXCM
EURAUD - Looking For Sell Setups Already!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, we were looking for buy setups around the lower bound of red and orange channels. Now EURAUD is approaching the upper bound of the red channel. Moreover, the zone 1.665 is a strong resistance. 🏹 So the highlighted red circle is a strong area to look for trend-following sell setups as it is the intersection of the blue resistance support and upper red trendline acting as a non-horizontal resistance. As per my trading style: As EURAUD approaches the upper red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) The sell bias would be invalidated if the bulls manage to break above the blue resistance. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
8
EURAUD BULLISH TREND CONTINUATION ?it seems like the last daily candle on euraud closed as a hammer with a big wick on a bullish trendline. the price in the past had bullish reactions from the same trendline i believe it is very likely that will rise and set a new higher high for the trend continuation . to ride this bullish move i am waiting for confirmation on lower tf maybe on the 1h or 4h am waiting for the formation of a double bottom or inversed head and shoulder so i can be sure and enter a long position from there atleast to the closest structure resistance. nfp week coming up and first week of q4 trade safe guys ~!
Long
by xAB777
EURAUD, Huge Formation, WEDGE to Setup BEARISH BREAKOUT!Hello There! Welcome to my new analysis of EURAUD from the 4-hour timeframe perspective. In recent times the EXY, European Currency Index has shown up with crucial bearish inclinations which are pointing to a bearish market sentiment especially with massive inflation spreading like wildfire seemingly not reacting to exponential rate hikes pulled out by the ECB. Such developments could point to a major bearish setup emerging for the EURAUD also. Besides that, there are important formational structures that need to be considered here. In this case, it is necessary to determine the final completions and changes within the market before rushing to anything else. Formational Developments, Resistance, Bearish Momentum, and Setup: When looking at my chart now EURAUD continued to form this preceding huge bearish descending channel trend in which it already pulled back several times bearishly off the upper boundary increasing the high possibility likelihood of such pullbacks to holding on and printing the next bearish waves with continued lower lows to be determined. Especially as EURAUD already pulled back several times from the 65-EMA in red as well as the 35-EMA in grey these EMAs are substantial resistances from where continued pullbacks are more likely than anything else. Currently, EURAUD is approaching the EMAs together with the upper boundary resistance of the channel once again which is pointing to the next bearish wave to set up from here on. Upcoming Determinations, Bearish Breakout, Target Activation, and Underlying Drivers: Furthermore, what is the most important formation in my whole chart is this crucial descending wedge formation. Such a formation is pointing to an increased continuation toward the bearish direction in almost all of the cases. This formation will be completed with a final breakout below the lower boundary as it is marked within my chart and as EURAUD already completed the wave-count within the formation this final breakout is likely to emerge within the near future. Once the breakout has shown up as it is marked this is going to be the origin of the wave C extension and bearish momentum acceleration as it is marked. Once this wave C acceleration and bearish wave has shown up it is going to activate the final target zone as marked. Once this final target zone has been reached further assumptions need to be made. The pair is on my watchlist to determine important changes once they have shown up here, especially with the target projections and bearish developments to be expected. Especially, a massive inflation increase together with failed monetary policies are going to fuel a bearish momentum inclination here therefore these underlying factors also need to be considered then. In this manner, thank you everybody for watching my analysis of CHFAUD. Support from your side is greatly appreciated. VP
by VincePrince
17
EURAUD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Long
by ShahedZare
EURAUD - 4hrs ( Sell Trade Target Range 250 : 400 PIP ) Pair Name : EUR/AUD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( ❗️ Short ) Type : Mid Term Swing —————————— 🔰Bearish Break 1.64400 Area Reasons 🔰- Major Turn level / M 🔰- Pattern Break Out 🔰- Visible Range Lvn 🔰- Month low 🔰- Fixed Range Lvn Bullish Reversal 1.59000 Area Reasons 🔰- Major Turn level 🔰- Visibe Range Hvn 🔰- Pattern Target 🔰- Visible Range lvn
Short
by GoldenEngine
1
EURAUD The Target Is UP! BUY! My dear friends, Please, find my technical outlook for EURAUD below: The price is coiling around a solid key level - 1.6342 . Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6512 Safe Stop Loss - 1.6262 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
#EURAUD: Price has just begun to drop,big move expectedDear Traders, Hope Everyone having a great weekend, we have an important update on #EURAUD. Price distributed at first for a week or two though it drop as GOLD AND AUD is positively correlated. As GOLD prices hiked this week due to NFP AND OTHER ECONOMIC data forecasting inflation and fear of recession. This helped majorly AUD pairs; EURAUD has just begun it's big move, and we expect price to drop significantly during coming days. A perfect entry would be to wait for price to do a small correction. Like our work? Then like and follow our public page so you can keep yourself updated. Thanks as always for your support ;)
Short
by Setupsfx_
45
EURAUD ↗️ ↘️ Analysis Breakout .Hello Everyone 🙋🏽‍♂️ As we could see at the end of the descending channel, we had 3 bottom and the most recommended movement after the triple bottom is a ascending trend, so we had two scenarios her as we could se on the chart, 1️⃣ first one is the ascending trend which is the most common move to this pattern after testing the price 1.66885 2️⃣the second one is the descending move in the rectangle which is it possible movement after the price change the channel movement 1.64000 and which I don't prefer to trade it . We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
by EMA_Trading
5
EURAUD Close to hitting our target. Reverse to buy.The EURAUD pair is close to hitting the Target we set a month ago (see chart below) on the bottom (Higher Lows trend-line) of the Channel Up pattern since mid-September 2022: Since the 1D MA100 (green trend-line) has held as Support for 9 straight sessions, the market may consider it as the new bottom. It would be best to take the good profit made throughout this month now and turn bullish. As you can see, it is potentially the new Higher Low on the dotted Channel Up. The blue Channel Up has always made its bottom just below the 1D MA100, which is why initially we selected that as the sell target. If you don't want to buy now, you may enter upon confirmation, which comes when the 1D MACD makes a Bullish Cross below the 0.00 mark. In either case, our target is 1.75000 (less than +7.90% from the bottom). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
EURAUD, Gigantic ASCENDING-WEDGE, BEARISH Continuation SETUP!Hello There! Welcome to my new analysis about EURAUD on several perspectives. The Eurozone inflationary pressures increased massively within the recent times determining a huge bearish edge against the AUD zone, especially as inflation in the Eurozone is not yet tackled by continued higher rate hikes with which the ECB, European Central Bank is trying to decrease inflation. Compared to the AUD zone this means that the EUR is much more bearishly inclined against the AUD and in this case it is also important on how the actual technical price action is confirming such a bearish inclination. In my chart I am pointing out that the EURAUD is now setting up a gigantic ascending-wedge-formation with several resistances within the structures. The EURAUD is now approaching the major 50% Fibonacci-resistance within the 1.7 which is simultaneously determining the resistance by the upper boundary of the gigantic wedge formation and forming a coherent resistance-cluster within this level. Once EURAUD shows up with a major pullback off this zone this means that the possibility for an completion of the wedge-formation increases astronomically and a completion of it will point to the bearish target-zones to be reached. Especially if the massive interest rate hikes within the Eurozone implemented by the ECB should not effectively decrease the inflation rate of the EUR this will put a lot of bearishness on the Euro and therefore also on EURAUD and with such a dynamic it is going to accelerate the bearish momentum. Once the whole ascending-wedge-formation has been finally completed the target-zones will be active and once the final target-zone has been reached the bearish momentum should be assessed again because with further developments to the downside this could actually lead to a major bearish wave-count extension for EURAUD and move to lower levels. In any case it will be a highly important development to consider here. In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated. VP
by VincePrince
22