Euraudforecast
EUR/AUD Long term sell off?Hi Traders
EUR/AUD Signal (Daily Timeframe)
A high probability, entry to go SHORT formed @ 1.55920 after the market found resistance @ 1.59461. Only the upward break of 1.59461 would cancel this bearish scenario.
Trade details:
Entry: 1.55920
Stop loss: 1.59461
Take profit 1: 1.53831
Take profit 2: 1.50290
Take profit 3: 1.44518
Score: 9
Strategy: Bearish Breakout
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 !!!
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.
EURAUD, Waiting For Fundamentals..!As salam alaikum
T.A Review:
Bearish Channel
Strong DOJI at Monthly
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.
EUR/AUD SELL SIGNAL Hey tradomaniacs,
welcome to another free trading-setup.
EUR/AUD: Daytrade-Execution
Market-Sell-Order: 1,58340
Stop-Loss: 1,59100
Point Of Risk-Reduction: 1,57745
Take-Profit: 1,56920
Stop-Loss: 70 pips
Risk: 0,5% - 1%
Risk-Reward: 2,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me!
EUR/AUD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
EUR/AUD: Day-Swingtrade-Preparation
Market-Sell: 1,58250
Stop-Loss: 1,59120
Point Of Risk-Reduction: 1,57475
Take-Profit: 1,56080
Stop-Loss: 87 pips
Risk: 0,5% -1%
Risk-Reward: 2,45
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
Will EUR/AUD Takes a U-turn ?Here's the 15m chart of the EUR/AUD. Currently, It's falling. And trying to hit the hurdle ( 1.5674 ). If the consecutive candles break 1.5674 , then there will be a fall. The targets for the fall will be 1.5670 - 1.5650 .
But there is a high possibility of a reversal in the trend. The trend may take a reversal from between 1.5684 - 1.5670 . If it takes a U-turn, then a target for the uptrend will be as following 1.5697 - 1.5700 - 1.5710 .
EURAUD Bearish Candle Rejected from 1.5730 SR LevelHi Traders,
This pair is bearish and we are adding Short Positions in this pair. Now again there is a chance to enter in sell due to following confluences.
1. Downward Channel
2. Price Reject from S/R area (1.5730)
3. Engulfing Red Candle
4. Daily Bearish Trend.
Lets See how price action unfolds.
EUR/AUD PAIR BREAKDOWN👋 Hey there traders, and welcome to a brand new pair breakdown!
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EURAUD BUY ON DIPS As i can see this pair has drop allot now reach at near daily based support zone
so we expected this retest to our design levels from given buying area we will trade this pair for a small risk and higher rewards
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📢EUR/AUD SHORT. Potential intraday setup 🚨Hello traders 👨💻
This pair is looking bearish , if we can get a correction to the highlighted area I will enter a short on a lower timeframe with great R/R. This pair is on the watchlist 👀👀 I hope you like the analysis, if you do please drop a like or leave a comment, I love all the feed back 💯 💙