EURAUD | Can the Bulls finally Push it?| @GoldenScaleTrading | After respecting the support of the trend and, a little while ago, having respected the trendline, I believe that the value should increase in the next days for sure and, most likely, should maintain an upward trend until the end of March. The short and long-term EMAs confirm this theory, together with the volumes and, above all, we have respect for the critical points of the graph.
Euraudbuy
EURAUD LONGS !!!This pair has come to a level of interest for me, I will only be entering longs if we see rejection from the purple box region, need to see a doji formation or spinning top on the 4hr or a hammer candle formation for us to enter this trade and take it up to 1.69
Take partial profits.
700 PIP GAIN 15/1 RR BIG TRADE !!
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 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.
EURAUD BuyEURAUD Buy
Wait for breakout or retest on trend line
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Tradewithsam
#EURAUD,Stop! Ups on the wayThe trend is still bullish on the weekly chart.
After another record that EURAUD has broken in recent months, the currency is falling, the EURAUD is just on the 100 moving average line which has been very stable support in recent months so we will take advantage of our proximity to the support line and recommend buying.
target:1.6120
A potential Buy set-up in EURAUDHello Traders, I would like to present a potential BUY set-up in EURAUD through this analysis.
EURAUD is trading in an upward trajectory for the last 3 years.
Lately, price broke out of the ASCENDING TREND LINE(green line in my chart). While this could imply a bearish reversal in the larger timeframe, I am not so sure about it.
Currently, EURAUD is in an area of support. So, traders can look for BUY entries in 1.5980-1.6010 area with SL below 1.5850.
TPs can be set at 1.6130 and 1.6320 respectively.
If price breaks the first support zone, traders can look for long-entries in the second support zone at 1.5890.