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EURAUD

EURAUD some more upside to 1.686?Eur has been pretty strong past period against aud, has been in my watchlist /tradelist as well. Should have bit more upside. Let's see **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
3
EURAUD continues in the upward move.EURAUD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 1.6825 will confirm the bullish momentum. Short term RSI is moving higher. We look to Buy at 1.6750 (stop at 1.6690) Our profit targets will be 1.6900 and 1.6930 Resistance: 1.6850 / 1.6900 / 1.6925 Support: 1.6750 / 1.6700 / 1.6675 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.
Long
by OANDA
Trade Plan for EUR/AUDTrade Plan for EUR/AUD in a Bullish Trend: Trade Objective: Exploit the ongoing bullish trend in EUR/AUD with a breakout strategy. Follow Us for More: For additional trading insights, follow us. Market Analysis: Pair: EUR/AUD (Euro/Australian Dollar) Timeframe: 1-hour (1H) Market Condition: Strong bullish trend with no signs of reversal patterns or divergences. Entry Strategy: Entry Point: Place a Buy Stop order at the price of 1.6847 to enter the trade if the market breaks above the current Highest High (HH). Stop Loss (SL): Set the stop loss at 1.6742 to limit potential losses. Take Profit (TP): TP1: Place the first take profit level at 1.6953. TP2: Set the second take profit level at 1.7060. Risk Management: Ensure that the risk-to-reward ratio is reasonable and aligns with your trading strategy. Only risk a predetermined percentage of your trading capital, typically not exceeding 1-2% per trade. Monitoring and Adjustment: Continuously monitor the trade for any signs of trend reversal or unexpected news events. Consider adjusting the stop loss to a breakeven point as the trade moves in your favor. Exit Strategy: Close the position at TP1 or TP2 if reached. Exit the trade if you observe signs of a trend reversal or if the market moves against you. Remember that while this plan is tailored to the current market conditions, it is essential to exercise prudent risk management and remain vigilant. Stay updated on market developments and consider following professional advice or additional market analysis for a well-rounded trading strategy.
Long
by AshrafAliFX
EURAUD - 4hrs ( Buy Trade After Retest / Tp Range 240 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 ( ❗️ Long After Retest ) Type : Mid Term Swing —————————— 🏳️ Bullish Retest 1.66600 Area Reasons - Major Turn level / D - Visible Range lvn - Day High / week high - Choch Area - Fibo Golden 🏳️Bearish Reversal 1.69000 Area Reasons - Major Turn level / D - Choch Area - Month High - Value Area - Fibo 1.61 %
Long
by GentleGoldenEngine
EURAUD 📈Long, Swing TradeEUR/AUD TECHNICAL ANALYSIS, Long, Swing Trade 📣EUR/AUD fell to multi-month lows in late September but started to rebound soon after. The negative market sentiment due to heightened geopolitical tensions in the Middle East reinforced the pair’s recovery, pushing prices towards the 50-day exponential moving average and the 50% Fibonacci retracement of the August/September decline. This area currently presents a formidable hurdle for the bulls (~1.6700). Looking ahead, traders should keep a watchful eye on two critical technical levels: overhead resistance around 1.6796 and 1.6899 and short-term trendline support at 1.6545, which also roughly coincides with the 100-day simple moving average. When considering potential outcomes, a resistance breakout could send EUR/AUD towards 1.6796. In the event of sustained strength, the spotlight will shift to this year’s peak. Conversely, if support is breached, sellers may be emboldened to drive prices towards 1.6400. Below that threshold, attention will shift to the lows observed in September. 📣Indicators: As we can see the two moving average in our Gogo trend indicator has changed to Blue in color and fast MA above slow MA which means it is in uptrend. Moreover, the Currency strength indicator at the bottom of the chart shows EUR (orange line) turns up and is going to cross with AUD (deep blue line), it is a sign this currency pair will has a obvious trending status. 📣Reference from tradingview.com, it shows EURAUD and EURNZD in Strong Buy as well. www.tradingview.com www.tradingview.com
Long
by ICT_Trader_SB
EURAUD H4 | Reacting off resistance? Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 1.6732, which is an overlap resistance. Our take profit will be at 1.6633, a pullback support level. The stop loss will be placed at 1.8620, which is above the resistance 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 I Potential upside Hello,Traders! . . . . . EURAUD is trading in an uptrend on the weekly and a downtrend on the daily. 1.6640 structure daily high was recently broken and created a new high at 1.6703. The price has pulled back to the neckline area and showing rejection from 1.6557 support. If this support holds, price will likely continue to the upside to retest 1.6700 zone. LONG! Trade safe and good luck! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Long
by BKTradingAcademy
1