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Euraudanalysis

EURAUD SELL SIGNAL Hey guys! Its your girl forex potatoe and its another week of trading, happy holidays Today we analyze our technical analysis for this pair and the reasons for my bias. Confluences: Head and shoulder Weekly, and daily bearish divergence downtrend on daily, 4H timeframe All these are strong confluences for why this pair in my opinion is going to drop right here. Kindly let me know what you think about my analysis, you can give me a follow and a boost if you like my analysis. You can also check my past analysis from last week. Thanks!
Short
by ForexPotatoe
EURAUD I Potential downside continuation to support 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!
Short
by BKTradingAcademy
1
EUARAUD BEARS IN THE MARKETHello Traders, taking a technical outlook on the EurAud. I initially had a bullish outlook on the pair but am now seeing a structural market shift in the prevailing trend. Noting that the market has broken below the holding bear channel. We can see some strong push by the sellers. Looking at the pairs in two ways: 1. We wait to see if price eases and give a bullish correction to retest the broken trendline. A retest of this zone might give an opportunity to retest 1.65885 2. Wait for break of the low around 1.64400 . This has been a strong support zone that has held the market for some time. 3. For both cases am interested in seeing if the bears have enough steam to test the 7/01/24 low around 1.62820 Key Notes: RBA held their interest rates at 4.35% largely as anticipated by the markets. Members of the RBA highlighted their resolution to work towards returning inflation within their target. Markets are anticipating seeing atleast 2 rate cutes later on in the year.
Short
by geekyfxke
EUR/AUD SHORT from 1.6545EUR/AUD has hit a band of resistance under the WPP pivot at 1.6567 which coincides with the 200 EMA on H1. With the 200 and WPP above the price, then EUR/AUD BULLS will have their work cut out to push the price musch higher and this gives us a natural STOP for SHORT trades at 1.6574 (29 pips). However. This trade carries risks as we have few confirming indicators. The Andean Oscillator has the red SELL line flat and we would like to see this above zero although it doesn't look like it will be long before it turns north. The Pivot Point SuperTrend has been signalling a SELL trade since last Wednesday so this is good. RSI is in midtable and tells us little and MACD has the fast and slow MA's locked together both reading close to zero so we have directional information just yet. The last 3 H1 candles could be considered a triple top and these tops have all touched the 100 EMA on H1 and been rejected. This looks a SHORT trade set-up and with news out of the way we could see this pair head lower but this will have to be watched. Target initially is support at 1.4679.
Short
by forextraplaces
EURAUD I Intraday long opportunity from support zoneWelcome 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!
Long
by BKTradingAcademy
EURAUD can melt downThe EUR/AUD currency pair has recently exhibited a classic head and shoulders pattern, signaling a potential reversal in its trend. With the neckline breached, this suggests a confirmation of the pattern. Traders may anticipate further downside movement as this pattern often indicates a shift in momentum from bullish to bearish. Monitoring price action and key support levels could provide insights into the extent of the potential decline in the pair's value.
Short
by indaytrading
Eur/ Aud SellEA has been shooting up for a while and has tapped and induced into supply taking out the equal highs and early sellers and now broken structure to the downside both on the 5, 15mins & 30mins. Upon seeing a decent retracement back up I entered sells @1.66900 with stop loss @1.6705 (risking 15pips). TP1: 1.66500 TP2: 1.6605 TP3:1.6585 TP4:1.65600 * Where has the market moved since I entered my trade? Slight profits * If I looked at the market now, would I take the same trade? Yes * How do I feel about my trade? Optimistic * What do I like about this trade ? precise entry & multiple confirms & confluences * What do I dis-like about this trade now? nothing * On a scale of 1 to 10, where would I rate this Trade now? 7/10 * If I were not in a trade now, would I take the opposite trade ?no
Short
by mrachaw
EURAUD Trading Plan 28/Feb/2024Hello Traders, Hope you all are doing good!! I expect EURAUD to go Down after completing this wave. Look for your SELL setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Short
by For3xScalper
EURAUD OUTLOOKEURAUD FEB WEEK 5 OUTLOOK - Daily - Exactly same as last week. Long bias still alive till price is above the 1.64458 - 1.64001 zone. if price manages to get absorbed in this zone, I will look to go long. Origin - price has already escaped the entry area for me. but I will look to enter long upon pullback to zone 1.64947 - 1.64768 i.e. I will look for price to get absorbed in that zone and then once price holds above the higher end of the zone, I will look to enter long to take it up to 1.65287
by Osiris992