Euraudforecast
EURAUD H4 LONG PRICE ACTION FORECASTA diminished bearish momentum with the EUR can be spotted. On the one hand, the double bottom is created at the support level, and the bullish divergence from the MACD gives enough confirmation for a long entry.
For this setup, a buy-stop position will do as if the price doesn't pullback; it can keep its bearishness without any damage. But on the contrary, if the correction happens, price action will trigger the long entry with room enough to target as usual an R:R | 1:2 with the T/P at the top of the channel formation that has been formed.
EURAUD Buy signal setupHeres my analysis on EURAUD before the week gets started.
enjoy a free signal.
trade at your own risk.
BUY
Symbol: EURAUD
Entry: 1.6660 (Buy limit)
Best Entry: 1.6625 (Buy limit)
Stop Loss: 1.6510 (-150 to -115 pips from B.E.)
Take Profit: 1.6860 (+200 to +235 pips from B.E.)
Take Profit 2: 1.6970 (+310 to +345 pips from B.E.)
EURAUD Buy signal setup with potential for longterm holdHeres my analysis on EURAUD before the week gets started.
enjoy a free signal.
trade at your own risk.
BUY
Symbol: EURAUD
Entry: 1.680 (Buy Limit)
Best Entry: 1.676 (Buy limit)
Stop Loss: 1.671 (-90 to -50 pips from B.E.)
Take Profit: 1.697 (+170 to +210 pips from B.E.)
Take Profit 2: 1.729 (+490 to +700 pips from B.E.)
#EURAUD, Big opportunity The EURAUD is currently down by more than 2000 pips (11%), a very significant decline.
Although Stochastic is not yet cross-linked, it is found to be relatively low.
RSI warns of a possible trend reversal.
And the most interesting point is the encounter with the 200 moving average line which is a very serious support that increases the likelihood of looking Pull back.
Target: 1.6840
EURAUD Buy signal setupHeres my analysis on EURAUD before the week gets started.
enjoy a free signal.
trade at your own risk.
BUY
Symbol: EURAUD
Entry: 1.6965 (Buy Limit)
Best Entry: 1.6925 (Buy limit)
Stop Loss: 1.68 (-165 to -125 pips from B.E.)
Take Profit: 1.717 (+205 to +245 pips from B.E.)
Take Profit: 1.7275 (+310 to +350 pips from B.E.)
EURAUD MULTI-TIME FRAME ANALYSISHello Traders
Here is my view on EURAUD.
What is the situation?
Price approach an important level that acted as resistance previously acting as
new support + perfect long wick on weekly rejecting this support.
Trade Plan : Monitor how price behave at my highlighted (Yellow) zones on the chart.
I'm interested on buying this pair not selling.
Contact:
Whatsapp:+27671795841
Telegram Username: @Forexas
EURAUD short position for near termAs can be seen in the chart above, EURAUD seems to be in a strong downtrend. It seems that it will continue following the downtrend for the near term and test the support level of 1.65900, which is where I will be placing my take-profit level. We can expect to see some volatility in this pair with the upcoming news announcement in a few hours for the AUD pair (the RBA Trimmed Mean CPI QoQ and the Consumer Price Index QoQ in about 2 hours and 45 minutes from now).
EURAUD technically based forecast
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I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas
💡 EURAUD technicaly based idea, we can see price is bounce from up trend line, candels formation is good bearish, technicaly indicators showing we can expect higher push down in price exepcting push till bottom trend line and possible break will udpate with time. EUR one of the weakest currencys currently.
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
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All best, good luck!