Euraudanalysis
AUDUSD and EURAUD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURAUD Strong support Short opportunityHi traders!
According to my analysis, the EUR/AUD currency pair is expected to decline, presenting a potential short opportunity. The basis for this expectation is the recent crossing of the price below the 200-period Weighted Moving Average (WMA), indicating a bearish signal. Additionally, there is a strong support level that further strengthens the case for a downward movement in the price. Traders may consider capitalizing on this situation by initiating short positions in the EUR/AUD pair, anticipating a potential decrease in value. However, as market conditions can be unpredictable, it is essential to conduct thorough research and employ appropriate risk management strategies before making any trading decisions.
Have a great trading week ahead!
DeGRAM | EURAUD structure based tradeEURAUD is in a ascending channel and is in an uptrend. However, the price is near the structure resistance, which is a psychological level at 1.6500.
The market made a divergence, meaning the market made a shallow new high.
Price is likely to go down from the strong resistance level .
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EurAud to resume its uptrend (Nice R:R trade)After reaching 1.67 high EurAud started to drop and test the important support level at 1.61
A nice bullish structure followed this rop and test of support and now the pair seems ready to resume the up trend.
Buy dips under 1.63 could be a good idea and such a trade would also have a nice R:R
EURAUD nicely fulfilled my last idea what nextEuraud nicely hitt our sell target and give us 600+ pips ( tagged ).
Now I expect some more bullish retracment before further drop.
And we have an area for selling is bearish trend line marked on chart and there is a horizontal zone also.
So wait for the area for selling opportunity.
Always trade safe and must use stop loss.
If you like this idea kindly appreciate with like button.
EURAUD 14May2023This analysis is still in accordance with last week's analysis, only now is the price seeing an upward correction, I marked the correction area with 3 blue box areas, there is a possibility that the price can correct high enough to the top box then continue to fall again. adjust your trading style when the price approaches the area that I have marked
EURAUD : Short Trade , 1hHello traders, we want to check the EURAUD chart in the 1-hour time frame. The price has broken the ascending channel to the bottom and is pulling back to the key level between 1.63600 and 1.63900. We expect this level to act as a resistance level for us. Play and maintain the downward trend of the price and fall to the specified targets. Good luck.
EURAUD sell Entry : 1.63875
Stop : 1.65355 , Target1 : 1.62400 , Target2 : 1.60920
Risk/Reward Ratio : 2
EURAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
EURAUD Possible buy zoneCurrency Pair : EURAUD
Possible direction : Bullish
Technical Analysis :4h timeframe price has formed an inverted head and shoulder has broken out of the inverted head & shoulder. Daily price has just broker recent support and may reverse back to the resistance level. Weekly and Monthly are strong bullish price action lower timeframe market structure is merging with higher timeframe price action.
Possible trade recommendation : Bullish on the retest of the neckline
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
DeGRAM | EURAUD trend continuation opportunityEURAUD rebounded from the major resistance level, and it's approaching the psychological level at 1.62000.
Price pulled back to the support, broke, and closed below the ascending channel.
The market is bullish on the daily timeframe, so it makes sense to take advantage of long trading opportunities.
We expect bullish from the kill zone.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
EUR/AUD Best 2 Places To Can Sell It To Get 300 Pips At Least !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EURCAD - Coming long position ✅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 from discount zone. I expect price to go a little bit lower to fill the imbalance and then to reject from bullish order block + institutional big figure 1.47000.
Like, comment and subscribe to be in touch with my content!
EURAUD - Long from discount zone ✅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 from discount zone. I expect price to go a little bit lower to fill the imbalance and then to reject from bullish order block.
Like, comment and subscribe to be in touch with my content!
EURAUD I Up 140 pips in Profit 🎯 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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!