EURAUD
EURAUD possible ideaAfter price broke previous high, It initiated a liquidity grab before it preceded to rally and break a previously protected strong higher low. This then gave us a shift in market structure from a bullish to bearish market. Price has currently formed liquidity just below a supply zone that it could use to fuel it's move to the downside, running an established trendline liquidity as well as the latest formed weak low.
EURAUD - Start 2025 with a BIG Win!EURAUD has given us a fantastic opportunity to get in at the very start of a BIG move.
We are currently in an ABC correction. We'e completed waves A and B and now currently in wave C. We're expecting 5 waves from wave C and looks as if we've completed wave 1 and currently in wave 2. We're looking to catch the rest of the move on the break of the trendline.
Trade Idea:
- Safe entry on break of trendline
- Riskier entry within the fibs or anywhere below invalidation
- stops above invalidation
- Targets: 1.6 (700pips), 1.156 (1100pips)
- Taper as we move lower
What do you guys think?
Goodluck and as always, trade safe!
euraud analysis elliot sell signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
EURAUD to see a capped rally?EURAUD - 24h expiry
The medium term bias remains bearish.
A higher correction is expected.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 1.6680.
The hourly chart technicals suggests further upside before the downtrend returns.
We look to Sell at 1.6680 (stop at 1.6730)
Our profit targets will be 1.6540 and 1.6510
Resistance: 1.6660 / 1.6700 / 1.6750
Support: 1.6600 / 1.6550 / 1.6500
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EUR/AUD looks ready to tap outFrom a purely technical perspective, EUR/AUD could look appealing to bears. Resistance was found at 1.68 before bearish range expansion and a potential bear flag followed. But I also feel like we have seen this movie before (even if it was upside down).
In late November we saw a false break of the June and October lows before a bull-flag breakout occurred. we then saw another leg higher, bullish breakout and retest of the 200-SMA before its final leg higher.
If the reverse is to play out, we could now be in for a bull-flag breakdown towards the 200-day SMA, bearish consolidation, then breakdown and retest of the 200-day SMA before its final leg lower.
From a fundamental perspective, I believe markets have priced RBA cuts in too aggressively and the USD could be in for a pullback. And if Trump's policies really are less inflationary as feared, it could trigger a risk-on rally which could benefit an arguably oversold AUD over the euro.
And that is why I am now hunting EUR/AUD shorts.
MS
Potential bullish rise?EUR/AUD has reacted off the pivot and could potentially rise to the 1st resistance.
Pivot: 1.65908
1st Support: 1.64787
1st Resistance: 1.67157
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EUR/AUD Long Term selling Trading IdeaHello 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 Will Go Lower! Sell!
Take a look at our analysis for EURAUD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.657.
The above observations make me that the market will inevitably achieve 1.633 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.
Like and subscribe and comment my ideas if you enjoy them!
EURAUDEURAUD price is near the resistance zone. If the price cannot break through the 1.65815 level, it is expected that the price will drop. Consider selling the red zone.
🔥Trading futures, forex, CFDs and stocks carries a risk of loss.
Please consider carefully whether such trading is suitable for you.
>>GooD Luck 😊
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EUR/AUD "EURO vs Aussie" Forex Market Heist Plan on Bearish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the EUR/AUD "EURO vs Aussie" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a Bearish trade at any point.
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 30min period, the recent / nearest high level.
Goal 🎯: 1.65800
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Considering these factors, the EUR/AUD pair may experience a Bearish trend in the short-term, driven by:
The Eurozone's economic slowdown and low interest rates.
The Australian economy's moderate growth and potential interest rate hikes.
The yield differential, which favors the Australian dollar.
Bearish Factors:
The Eurozone's economic slowdown and low interest rates.
The Australian economy's moderate growth and potential interest rate hikes.
The yield differential, which favors the Australian dollar.
The potential for a decline in the Eurozone's trade balance surplus.
The RBA's potential rate hikes, which could increase the yield differential and support the Australian dollar.
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
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Bullish bounce?EUR/AUD is falling towards the pivot and could rise to the 1st resistance.
Pivot: 1.66281
1st Support: 1.6560
1st Resistance: 1.67917
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
EURAUD buy setupOn EURAUD we have been in a bullish trend for quite some time, hence currently we are waiting for price to reach our area of interest to place buy positions to try and take advantage of the prevalent bullish momentum. You will see on our analysis we always have two areas we are interested in. This is done in accordance with our strategy toking into cognisance that trading is a gam of probability than a game of certainty.