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Euraudforecast

Euraudforecast

EURAUD is likely to fall further!!Hello traders, EURAUD has broken the local support and is likely to fall further as it has bounced from monthly resistance. A high probability trade can be as shown in the chart! please like the idea if you find value in it.

Short

by ForexWizard01

EURAUD LONG 900+ pips?!Looking for EURAUD to reverse now and gain bullish momentum. We have seen a break of structure (bos) and have tapped into the last daily down candle before the impulse up. Would like to see bullish price action from now. I have two potential entry areas shown on my chart. Looking to risk 1% on the first entry and 2% on the 2nd resulting in a maximum loss of 3%. Potential take profit areas are also shown with purple lines. This trade could take a couple of weeks to play out and reach the final TP so bare that in mind as it is a long term swing trade. DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made

Long

by Turtlesoup_Maestro

Updated

EURAUD top-down analysis 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.

Short

04:24

by ForexWizard01

EurAud- Trade update In my previous post about EurAud I've argued that we can have a higher low in place at 1.5450 and I expect an upward continuation. Since then the pair had a failed attempt to conquer 1.56 important resistance and failed. However, bulls quickly took control and at this moment EurAud is trading again in this resistance and we can consider a new higher low is in place. I expect this resistance to give up this time and, as I said, 1.59 is my target

Long

EURAUD top-down analysis, UPDATED 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.

Short

02:13

by ForexWizard01

Updated

EURAUD top-down analysis 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.

Short

03:56

by ForexWizard01

EurAud- Trade update Yesterday I was wondering if we have a higher low in place for EurAud, and it looks like this at this moment with the pair putting in a morning star candle formation on our daily chart. However, 1.5600 has proven to be strong resistance and sellers were strong here so far. In order to continue to my 1.59 target, EurAud needs a daily close above this resistance. Also, 1.57 zone will act like interim resistance

Long

Updated

EURAUD possible sell area!!Hello traders, EURAUD is currently in a strong downtrend in the higher timeframe. This instrument is likely to drop from this zone as it looks like finished its a pullback and is likely to drop to create a new lower low.

Short

by ForexWizard01

EurAud- Higher low in place?After breaking under 1.56 support, EurAud fell hard on Monday and reached a local low at 1.5450 At this moment the pair is recovering and there is a strong possibility of making a higher low followed by a new leg up. I'm bullish as long as 1.5450 is intact

Long

EURAUD BUYS OFF CURRENT SUPPORT Ill be watching very closely for buy trades from around the supportive region of 1.56000 to make a bounce into 1.56500 resistance area.. this will correlate perfect with the short term upside move I'm looking for on other EURO pairs.

Long

02:03

Update to our bearish analysis After a confirmation of the break on the rising wedge, we have secured already our sell position on this pair. Expecting a retest for a further bearish movement for this pair.

Short

by a_propatternfx

EURAUD top-down analysis 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.

Short

04:41

by ForexWizard01

EurAud- Towards my 1.59 target?After the recent low slightly under 1.54 from the end of October, EurAud has started to trade higher and managed to break above 1.56 resistance early this month. Now the pair is consolidating and forming a pennant and a break of the resistance trend line could lead to more gains and we can see EurAud testing 1.59 resistance I'm bullish as long as the price is above 1.56

Long

Waiting for a break of the rising wedge , still holding bearish Currently retesting the major trendline of the weekly timeframe, and forming rising wedge pattern. A break of the pattern will indicate bearihs momentum to confirm its movement.

Short

by a_propatternfx

Currently a retest of the major trendline for bearish With good rejection in the major trendline retest area, we are bias on being bearish on this pair with good risk and reward ratio.

Short

by a_propatternfx

EURAUD top-down analysis 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.

Short

03:37

by ForexWizard01

EurAud- Strong reversal from support Since 22 September, EurAud has dropped almost linearly and the price fell almost 1000 pips and has reached 1.6350. This zone is a strong support one at this point and acted as such in the past 4 years. I expect this support to hold once more and the pair to rise and challenge 1.69 resistance Dips against 1.6350 should be bought

Long

EurAud break for a retracement after breaking the falling wedge pattern, we are looking for a short term bullish momentum to the upside which confluence with a retest of the broken major support previously for a long term bearish movement.

Long

by a_propatternfx

EurAud waiting for a pullback to retest After a break of the major trendline, we are holding bearish bias on this pair but in lower timeframe , it is looking to break the downtrend channel for a pullback to the retest area. Waiting for a break and retest for a confirmation and better risk reward ratio.

Long

by a_propatternfx

EurAud break and currently retesting neckline After a false bullish break as shared in previous analysis, euraud is currently retesting a double top neckline. It is possible it to do a deeper retrace to retest the major trendline before making its bearish move to the targetted level.

Short

by a_propatternfx

EUR/AUD Swing Trade EUR/AUD Swing Short Trade to the target in green line.

Short

by AhmedBahousse

euraud buy idea this pair has activated a buy position and now its on the retest

Long

EURAUD BUY IDEA we're waiting this pair to close a momentum candle over out last touch of the red descending channel so we can take a buy position if anyone have a comment on my analysis please share it with me Good luck

Long

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