Euraudforecast
EURAUD is in sell zone!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
EURAUD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
EURAUD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
EURAUD Can give an UP side BREAKOUTEURAUD currently facing a small RESISTANCE between the price of 1.59356-1.59783. If you look at the above chart you can see there is a triangular pattern formation. If you look at candle near the RESISTANCE area you an see 4 small candle and a big BULLISH candle, which covers all the previous candle. There is a HIGH chance of giving a up side breakout by next week. In case if it respect the RESISTANCE are then it can fall till the blue TRENDLINE that I have drawn in the chart.
MY OPNION- One can take a LONG POSITION by putting a STOPLOSS below the blue TRENDLINE that I have drawn in the chart.
NOTE
ENTRY-1.58000-1.59500
STOPLOSS-1.56000 (Adjust it as per the blue TRENDLINE if it goes up)
1ST TARGET-1.62500
2ND TARGET-1.67950
EurAud to break resistance, 1.62 remains my targetIn my previous analysis on EurAud I said that as long as 1.56 is intact, the pair is in an uptrend and once 1.5850-1.5900 resistance is cleared, the pair can continue its rise to the next important resistance at 1.62.
Last week EurAud dropped to confirm again 1.56 as support and today we can clearly see that dips are bought
I expect a break up sooner rather than later and only a daily close under support will negate this bullish scenario
EUR/AUD 4HR BUY SET UPHi TRADERS this is my trade set up for the EUR/AUD
i am expecting a pullback into the order block zone and will be looking for a buy trade only if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please like comment and follow
EURAUD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
EurAud to break resistance, 1.62 is my targetAfter reaching a low at 1.53 zone at the end of October, EurAud has reversed strongly and has risen to 1.61. A correction followed and at this point, we can consider it over and a higher low in place at 1.56.
At this moment EurAud is facing resistance at 1.5850 zone and a break here would open the door for more gains to and above 1.62
I'm bullish as long as 1.56 is intact
Buy dips can be a good strategy for this pair
EUR/AUD 4HR BUY SET UPHi TRADERS this is my trade set up for the EUR/AUD for the new week ahead
i am expecting the EUR/AUD to continue bullish this week I have noticed a dragonfly Doji on the weekly, wait for pullback into the order block zones and i will be looking for a buy trade only, if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
EURAUD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
EURAUD (Euro / Australian Dollar) Currencies Analysis 30/03/2021we can see the Bullish Divergence with MACD which is the sign of bearish trend reversal and start of new Bullish wave or some retracement of the bearish wave
there are total of 3 Targets defined
the 3 TP gets it confirmation if the 2 TP gets triggered and followed by some price retracement and the Support area shall be compromised
EURAUD: Fake BreakoutI believe we may be witnessing a fake trendline breakout here on EURAUD due to the fact that the main demand is still being rejected.
We created EQL's within the demand which has now been liquidated, this could be enough liquidity for the banks to make a buy move.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
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Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
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EURAUD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
EURAUD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.