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Euraudforecast

EUR/AUD Retrace Made, Short From ResistanceThis has made a good retrace, I would like to see it touch 0.5 Fibonacci ideally before dropping. MACD and EMA's have this on the verge of being bullish on this timeframe so I want to see these cross back lower before entering a trade. If they do not then this could continue higher to the next resistance level before dropping. I have set TP just below the previous low at 1.52278 although I see this continuing down to around 1.47273. To reach that second target I would likely take the profit and make a second trade after a retrace.
Short
by olly48
EUR/AUD SELL IDEAHey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! EUR/AUD: Day-Swingtrade-Preparation Market-Sell: 1,53100 Stop-Loss: 1,53910 Point of Risk-Reduction: 1,52500 Take-Profit: 1,50850 Stop-Loss: 81 pips Risk: 0,5% - 1% Risk-Reward: 2,8 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Short
by Trading2ez
7
EURAUD- Trading Plan and ForecastingDisclaimer: 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. this is not a signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!
Long
by Rapid-Trading-LTD
EUR/AUD full Analysis !!Good day Traders !! On this multi-timeframe analysis we will make a full breakdown of this pair. Monthly : We have an impulse correction impulse pattern and we could be looking at a potential target 1.50 Weekly : We are currently on the 5th wave of Eliott for the last impulsion to complete the pattern before the correction sequence "ABC" Daily : We have a descending channel . "M" formation and we expect the price to retest the neckline before the massive drop. Also we have a strong area of supply right beside the trendline. COT : Institution have been shorting EUR massively since they added closed more than 21000 long positions and added close to 7200 long position during the last report. From an AUD perspective we are still looking at a strong AUD even though hedge funds added shorts positions and closed longs and this explains perfectly the retracement of this currency with all the pairs. 4H: We have a strong area of resistance + supply either on the 4H and Daily timeframe. MACD : we are in a bearish environment EMAs: Cut for short for the moment . EMA 200 : We are still below this EMA and could be considered as a resistance itself in case we decide to go higher to grab more liquidity. Now if you enjoyed this analysis smash that like button and share. If you have a different opinion please leave a comment below as I would love to get more insights and ideas. I also linked my previous idea about this asset. Trade safe !!!
Short
by TheDayzen
EURAUD, Strong Bullish Possibilities.? As salam alaikum Already shared Monthly Analysis two days ago. Few of you have asked me about Lower TimeFrame so here you go. T.A Review: Bearish Channel on Monthly TF Strong DOJI at Monthly TF Bullish Channel on Daily TF 1.56 seems to be demand zone. All are indicating Bullish Movementum F.A Review: We've got a busy week. EUR might manipulate vigorously. Dollar Strength and Covid-19 can't be ignored. T.A indicating BULLISH but AUD & EUR both are BEARISH Fundamentally. But eventually we've to be patience and watch 1.55 zone more closely.
Long
by wickywicks