Quick Overview of EURAUD Hey Guysss! Just a quick long term overview of EURUAD and where we may potentially see price heading.
Euraudbreakout
EURAUD - Daily - big rebound due on this pair Euraud - monthly and weekly charts showing demand retest and upside due for euraud and euro in particular. Expecting big upside on euro pairs over the coming months.
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 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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EURAUD - Short Sell With SL&TP=> EURAUD: Short Sell <=
=> Entry: 1.6225
=> 1st SL: 1.6250
=> 2nd SL: 1.6300
=> 1st TP: 1.6210
=> 2nd TP: 1.6195
=> 3rd TP: 1.6180
=> 4th TP:1.6105
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Strong bearish movement right now. Overall in a uptrend but this pair has been choppy.
Sitting on my hands right now for the time being with this pair.
EURAUD Market Outlook | Daily Forex Market BreakdownEA pushing up as previously mentioned. Keeping a sharp eye on EURAUD. Looking VERY good for next week!
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Pushing back up a bit, bit choppy today as it has been all week. Expecting possible AUD strength right around the corner. I feel EA is going to push up and test highs before completely rolling over to the downside. Great short opportunity developing.
EURAUD bounced from support, potential for a further rise!
EURAUD bounced off 1.61905 where it could potentially rise further to 1.62699.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Pushing back to the upside looking like a decent short opportunity, I am not jumping in yet but I am watching very VERY closely. This is looking really nice, but it will be smart to sit on our hands for the time being.
EURAUD Sell opportunittyAfter forming a long range right below the monthly PRZ we can see how price created a nice support at the 1.6200 area that also lines up with the 38% and the 61% but this week we finally saw how it broke and clsoe right below it forming a new low so right now i mexpecting a drop to the 1.6070 area maybe the 1.6000 area
EURAUD Market Outlook | Alchemy FX Daily Telegram Breakdown.EURAUD
As previously mentioned we have a head and shoulders pattern on the daily time frame. Price looks to be breaking out to the downside but it could be a fake out and is still too early. I am going to wait patiently for this set up to develop some more although it does look like a good short.
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EURAUD Sell PosisibilityWaiting for full breakout the minor trend line. If the price break the line then we can take short position.
