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Euraudforecast

Euraudforecast

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

EURAUD / Long Idea Price is currently testing this area of resistance before a potential pullback We are currently at a weekly support level so price is likely to reject off of this area before potentially continuing down

Long

EURAUD SHORT SWING Waiting for pullback to go short Confluences a. Clear Head and shoulder pattern b. Potential FIB c. Strong resistance broken to support

Short

EURAUD; Time to catch a short swing trade EURAUD formed a head and shoulder on D1 which is a classic reversal pattern. Breakout of the neckline and bullish trendline gives us a great opportunity to short the market on a retest. From there I sell the market to the next swing low. What is your opinion on EURAUD? Nice trading!

Short

by Erady_Pascal

EURAUD broke support!! possible sell Hello traders, EURAUD has broken the significant level of support and is likely to drop as hown on diagram.

Short

by ForexWizard01

EURAUD idea Maybe a great EA Long trade for 240pips TP and 33pips SL just from my Daily POI

Long

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