EURAUD UPDATE on EA sells, look for rejection on the 1 hr for a sell from the purple box region to take this lower.
400 PIP GAIN 7/1 RR
Euraudbearish
EURAUD SHORTEA short looks good here. We have seen 1 rejection from the purple box area marked showing us it is respecting the 38.2 fib level as well as the descending trend line and 50 EMA. I'm looking to take this short down to the 61.8 fib level if we see further rejection from the purple box region.
350 PIP GAIN 6/1 RR
EURAUD H4 we have head & shoulder pattern, negative numbers, coronavirus issue
I am looking for breaking neck line and waiting for selling opportunity
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Watching very closely. Expecting some bullish movement soon. Potential longs. That being said we have to be cautious because we could roll over to the downside.
SELL EURAUD ON DAILY CHARTEuro Australian Dollar (EUR/AUD) Exchange Rate Falls as ECB Leaves Rates on Hold
The Euro Australian Dollar (EUR/AUD) exchange rate slumped following the European Central Bank (ECB) meeting. The pairing is currently trading at around AU$1.6130.
The ECB left interest rates on hold during its January meeting. It is also expected to leave monetary policy on hold in the meantime.
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Looking like we are rejecting off resistance after going sideways, I feel EA could roll over to the downside soon. That being said keep in might we have just seen a nice push to the upside so we could keep climbing. Making consecutive higher highs/lows.
EURAUD approaching support, potential for a bounce!
EURAUD is expected to drop to 1st support at 1.60906 where it could potentially react off and up to 1st resistance at 1.61786.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD potential reversal!
EURAUD expected to rise up to 1st resistance at 1.62124 where it could potentially react off and drop down to 1st support at 1.60872.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD reversed from resistance, potential drop!
EURAUD reversed off its resistance at 1.62153 where it could potentially drop further to 1.60919.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD approaching support, potential for a bounce!
EURAUD is expected to drop to 1st support at 1.60393 where it could potentially react off and up to 1st resistance at 1.62153.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Quick Overview of EURAUD Hey Guysss! Just a quick long term overview of EURUAD and where we may potentially see price heading.
EURAUD bounced from support, potential for a further rise!
EURAUD bounced off 1.59707 where it could potentially rise further to 1..61026
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD bounced from support, potential for a further rise!
EURAUD bounced off 1.59707 where it could potentially rise further to 1.61026.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
FURTHER SELLING POTENTIAL ON EURAUD EURUAD is showing potential to continue moving bearish. I have marked up potential areas of support and resistance where price may retrace from to move toward our entry point before moving towards our take profit 1 and 2.
Ideally, should price move in our favour, you want to scale out 80% of your position at take profit 1 and let the 20% ride risk free to take profit 2.
Leave any questions or comments down below :)
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
This pair is looking really good. I don’t think we are going to have much movement tomorrow at all, that being said I am keeping a very close eye on EA this pair is definitely up at the top of my watch list.
EURAUD CAN FELL DOWN FROM HEREHi Everyone,
I have short idea here , because of
Rejection/Resistance for SR level
fibo level is between 61-50
Pin Bar Setup.
Hope all works.
Happy Trading
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
EA rejecting off the trend line, looking like a decent short for the time being. I would like to see us push up again and reject off the trend line once more. Possible trades soon, watching EA very closely.
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
EA practically stuck on the trend line still. You may have heard me mention that you have to be extra cautious taking trades around trend lines because there is a lot of indecision in the market which leads to confusion. So for the time being I am going to step aside and let EA do its thing.
EURAUD - Short Sell with SL and TP=> EURAUD: Sell <=
=> Entry: 1.6265
=>1st SL: 1.6350
=>2nd SL: 1.6450
=> 1st TP: 1.6245
=> 2nd TP: 1.6225
=> 3rd TP: 1.6200
=> 4th TP: 1.6165
=> 5th TP: 1.6100
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