EURAUD CHART ANALYSIS POSTED ON SUNDAY 16 APRIL 2023EURAUD CHART ANALYSIS...!!!
Let's see how this pair will perform based on the analysis.
Make sure you do your research and based on your confluence please look for the entry.
Don't rush your trades without any confirmation.
Trade safe and use always proper risk management.
Euraudanalysis
EURAUD - Short active ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: We are here in a bearish market structure on 1H timeframe, as price changed the character. I expect bearish price action after the price took buy stop liquidity and rejected from institutional big figure 1.64000. There is also a probability that price will go a little bit higher and then to reject from bearish order block.
Fundamental analysis: Next week on Wednesday we have news on AUD, will be released quarterly and yearly CPI. Pay attention to the results in order to secure the trade.
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EURAUD confirming an Ending Diagonal Pattern? Today’s focus EURAUD
Pattern Ending Diagional
Possible targets 1.6045 - 1.5905
With the AUD pushing higher on Tuesday, pressure has resumed on the EURAUD. Price looks to have formed an ending diagonal, and today sellers have started to confirm the pattern with a new move breaking the pattern.
Ending Diagonal patterns are best seen at the top of trends and can be a forewarning that a change in momentum is on the cards, but we need to see the pattern complete and be confirmed by a breakout.
From here, we want the break to continue with a new move down to the target areas confirming the move. Traders should be wary of a new fightback that closes back inside the ED pattern. A lot will come down the AUD and if it can continue to hold its current run.
Good trading.
EUR/AUD looks bullish! Good RR!Hey tradomaniacs,
looks like we are going to get a nice buy-signal for EUR/AUD as soon as the breakout of the trendchannel of the lower timeframe happened.
As soon as we get momentum and eventually an FVG which has to be closed by a pullback, we could consider to go long in this scenario.
A strengh in USD aswell as rising Yields might cause upcoming downmoves of indices and stock, which would boost this setup as AUD tends to fall harder as a risk-on-currency than EUR.
What do you think?
DeGRAM | EURAUD breakout of the ascending channel EURAUD is in a ascending channel and is in an uptrend. However, the price is near the structure resistance.
The market made a divergence at the resistance level, and the price bounced off the psychological level of 1.64000.
Price is likely to go down to the next support level of 1.63000.
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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.
Time To SHORT ??As we surpass the 1.64 mark, I am preparing to establish a long-term short position.
We have now entered a significant monthly supply/sell zone, with the price appearing to be attracted to the 1.65 level. This level also coincides with a robust monthly resistance area deeply situated within this monthly zone.
There is a high likelihood that we are currently in a zone where sellers will begin accumulating positions. We can expect to see signs of buyer fatigue on lower timeframes and sideways movement as we approach the 1.65 level.
I will be monitoring for a signal on my TRFX indicator above 1.64 on the 12-hour and daily charts to initiate a short position. I will gradually build the position if the price continues to climb, as we could witness a quick rise to 1.655 before a sell-off occurs.
The primary target for this trade is the green line on the chart, which represents the previous high in the ongoing upward trend and is now functioning as support. We should anticipate a brief reaction here before the price moves downwards toward the green box area, a newly formed, untested demand/buy zone.
Please note that this is a long-term swing trade idea and could take one to two months to fully develop, but the potential for profit is substantial.
EURAUD : Short Trade , 4hHello traders, we want to check the EURAUD chart in the 4-hour time frame. After moving in an ascending channel, the price has reached the resistance level of 1.63800 and also the ceiling of the ascending channel. We expect that this resistance level will stop the upward trend of the price and the price will reach May the specified targets fall, good luck.
EURAUD sell Entry : 1.63775
Stop : 1.65455 , Target1 : 1.62070 , Target2 : 1.60420
Risk/Reward Ratio : 2
EURAUD - Expect retracement ✅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 price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.61000.
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EURAUD Bearish AnalysisDate: 03/04/2023
On Daily TF, EURAUD is bearish, after hitting the major resistance, price dropped with a bearish engulfing candle.
4hr is also bearish, if price closes below this level, i will be looking for a short entry. But if price closes above the level, i will be looking for a buy trade
What do you think about this trade
EURAUD - Expect retracement ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to make a retracement as we can see a rejection from institutional big figure 1.63000. Price could take sell stop liquidity and to fill the imbalance and then to reject from bullish order block.
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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.
Potential long swing trade for EUR/AUDEUR/AUD closed lower for five consecutive days last week during a week of volatility and turbulence. With the Fed and five other central banks announcing a coordinated effort to provide liquidity for US swaps, and UBS agreeing to purchase Credit Suisse over the weekend, perhaps there's potential for it to confirm a swing low.
Last week's low found support at the 20-day EMA, trend support and 38.2% Fibonacci ratio and the daily closes held above the monthly R1 pivot.
The bias is for a move towards 1.6100 (monthly R1 pivot) whilst prices hold above last week's low - or trend support can be used to fine-tune risk management.
EURAUD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective of EURAUD .
Here we are bullish from daily perspective, so I am looking for longs. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
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