Get started

EURAUD

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 :-)
Short
by ShahedZare
EURAUD Technical Analysis and Trade IdeaThe EURAUD has exhibited a sustained bullish trend, and there are currently no discernible factors indicating an imminent shift in this trend. Presently, there's observable weakening evident on the chart, coupled with a substantial pullback. Our focus lies in identifying an opportune market entry point. Within the video, we conduct an in-depth analysis of the trend's dynamics, price action, market structure, and a potential trade opportunity. Every aspect is clearly elucidated throughout the video. However, it's crucial to emphasize that the content provided should not be interpreted as financial counsel.
Long
by fxtraderanthony
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 :-)
Short
by ShahedZare
EURAUD - Already Over-Bought ⚔️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. EURAUD has been overall bullish trading inside the rising channel in orange, however it is currently approaching around the upper trendline. Moreover, the zone 1.71 is a strong resistance. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper orange trendline acting as a non-horizontal resistance. As per my trading style: As EURAUD approaches the orange circle zone, I will be looking for bearish reversal setups (like a double top 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
5
AUDUSD – oversold but following China When trading the AUD you’re essentially expressing a view on China. USDCNH has been on a one-way tear of late and has weighed on AUDUSD, reflecting poor China economics, concerns of a credit event, but also the comparative returns seen in US Treasuries (over China bonds). We’ve seen underperformance in Chinese equity and industrial metals. The AUDUSD daily suggests the double top target of 0.6300 over the medium-term, and as we see in the price action, rallies have been savaged. It will take a while to get there, and the move will not be linear. For now, I see modest upside risk as shorts possibly cover given the PBoC has just announced a sizeable liquidity injection into the interbank market – but I would look to flip short into 0.6480. GBPAUD, EURAUD and AUDCHF have also been huge trades of late, and I would be taking some off the table to assess how headlines around China's fiscal stimulus play out. Idea - Chris Weston
Short
by Pepperstone