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
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.
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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.
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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.
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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.