EURAUD To see a lower correction.EURAUD - Intraday - We look to Buy at 1.5000 (stop at 1.4925)
Previous support located at 1.5050.
Previous resistance located at 1.5100.
A lower correction is expected.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.5100 will confirm the bullish momentum.
Our profit targets will be 1.5150 and 1.5200
Resistance: 1.5100 / 1.5150 / 1.5200
Support: 1.5050 / 1.5000 / 1.4950
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Euraudlong
EUR/AUD :: Back to the blue line !EUR/AUD :::
The price has broken the orange channel, although it has not stabilized in the higher time frame, and it is likely that it will move towards the support of 1.52 after hitting the stronger resistance that is in the range of 1.537.
Currently, the blue line is the best way to follow the price .
Buying EURAUD on dips.EURAUD - 24h expiry - We look to Buy at 1.4900 (stop at 1.4825)
Previous support located at 1.4950. Previous resistance located at 1.5000.
There is no clear indication that the upward move is coming to an end.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.5000 will confirm the bullish momentum.
Our profit targets will be 1.5050 and 1.5075
Resistance: 1.5000 / 1.5050 / 1.5075
Support: 1.4950 / 1.4900 / 1.4850
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
EURAUD long set up in progress 💶🦘EURAUD long trade has alerted this morning.
Trend trade identified and entered.
Working H1 timeframe on this strategy.
Trade details can be found on the chart in printed label.
Working to TP targets on the printed label.
Trade box is tracking the trade.
This 1:2 RR trade needs to find 121 pips for desired TP target.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
⁉️ EURAUD - Market AnalysisHello traders!
⁉️This is my analysis on EURAUD .
Here we are in a bullish market structure, so I am looking only for longs. I expect price to make a retracement and then to reject from bullish orderblock + institutional big figure 1.48000.
Like, comment and subscribe to be in touch with my content!
EurAud with 1.52 in sightIn my previous analysis regarding EurAud I said that there is a high probability of a break above 1.48 resistance and a rise above 1.5 and even higher.
Yesterday, after a few days of consolidating around the resistance level with pretty volatile moves up and down the pair finally closed the day to the upper boundary of the range, but more importantly, putting in a bullish engulfing on our daily chart.
This for me is an indication that bulls took control and the pair has now a clear way to challenge next important resistance above 1.52.
1.4750-1.48 is now support zone and dips towards this zone should be bought.
As I said, the target can be 1.52 and negation comes with a daily close under this week's low.
Best regards!
Mihai Iacob
EURAUD | SIMPLE PRICE ACTION WITH SnREURAUD has formed double top at 1.48800 level where we witness multiple bearish candle indicating hurdle for bulls.
For short term traders this is an opportunity to do shorting with stoploss just above double top.
For long term traders, wait for the price to get out of no trade zone; meaning we need to surpass the 1.48800 level to invalidate the double top pattern. Or close below the recent breakout level which can acted as support.
What are your analysis on the idea?
EUR/AUD Running In +50 Pips In Less Than 1 Hour,Important UpdateThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
EUR/AUD Made Inverted H&S Pattern,2 Long Places To Get 200 PipsThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.