EURAUD
Bearish drop?EUR/AUD has broken out of the pivot and could potentially drop to the 1st support.
Pivot: 1.6540
1st Support: 1.6151
1st Resistance: 1.6803
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EURAUDHey fam! Here's my EURAUD analysis:
Current Price: EURAUD is at 1.64667 right now.
First Move: I’m expecting a drop to 1.62621 to close some imbalances.
Bounce Back: After that, we should see a rise to fill the upside imbalances.
Next Move: Lastly, it’ll likely head back down to 1.606673 (bi-yearly pivot level), where there’s also volume profile support.
Peace out!
EURAUD Approaching Key Support: Potential Buy SetupOANDA:EURAUD is approaching a significant demand zone, marked by prior price reactions and strong buying interest. This zone has historically acted as a reliable support area, suggesting the potential for a bullish rebound if buyers regain control.
The current market structure indicates that if the price confirms a rejection from this demand zone, we could see a move upward toward the 1.66105 level. Traders should look for bullish confirmation signals, such as bullish engulfing candles or higher lows, to validate potential long entries.
EURAUD at Key Support Level - Will Price Rebound to 1.66110?OANDA:EURAUD reached a key support level, an area where buyers have previously shown strong interest. The recent bearish movement suggests that price is testing this level, potentially setting up for a rebound.
A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would strengthen the case for a move higher. If buyers step in, the price could rally toward the 1.66110 target. However, a decisive breakdown below this support would invalidate the bullish scenario and could lead to further downside.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
EURAUD What Next? BUY!
My dear friends,
My technical analysis for EURAUD is below:
The market is trading on 1.6541 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.6651
Recommended Stop Loss - 1.6507
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 I Short-term long from bottom of the channel Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD: Free Trading Signal
EURAUD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long EURAUD
Entry Point - 1.6579
Stop Loss - 1.6541
Take Profit - 1.6645
Our Risk - 1%
Start protection of your profits from lower levels
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EUR/AUD BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
EUR/AUD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.665 area.
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EURAUD at Resistance - Will Sellers Step In?OANDA:EURAUD is testing a strong resistance zone, an area where sellers have stepped in before. If price struggles to break through and we see bearish confirmation—such as rejection wicks, bearish engulfing candles, or decreasing buying volume—I anticipate a move toward 1.6600.
A clean rejection from this level could trigger selling momentum, leading to further downside. However, if buyers manage to break above 1.6800 with strong conviction, it could shift the bias bullish and invalidate the short setup.
This is not financial advice but rather how I approach support/resistance zones. Remember, always wait for confirmation, like a rejection candle or volume spike before jumping in.
Please boost this post, every like and comment drives me to bring you more ideas! I’d love to hear your perspective in the comments.
Best of luck , TrendDiva
EURAUD Will Grow! Long!
Here is our detailed technical review for EURAUD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 1.667.
Considering the today's price action, probabilities will be high to see a movement to 1.672.
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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EUR/AUD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
Bearish trend on EUR/AUD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.648.
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EURAUD is in The bullish Direction after Triple Bottom FormationHello Traders
In This Chart EUR/AUD 4 HOURLY Forex Forecast By FOREX PLANET
today EUR/AUD analysis 👆
🟢This Chart includes_ (EUR/AUD market update)
🟢What is The Next Opportunity on EUR/AUD 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: Short Signal Explained
EURAUD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURAUD
Entry Point - 1.6699
Stop Loss - 1.6732
Take Profit - 1.6632
Our Risk - 1%
Start protection of your profits from lower levels
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