EURAUD Market Outlook | Daily Forex Market BreakdownEA pushing up as previously mentioned. Keeping a sharp eye on EURAUD. Looking VERY good for next week!
Euraudsell
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Pushing back up a bit, bit choppy today as it has been all week. Expecting possible AUD strength right around the corner. I feel EA is going to push up and test highs before completely rolling over to the downside. Great short opportunity developing.
EurAud- towards 1.6 important support?From the August top, AudUsd was trading downwards, with 4 lower highs and clear support at 1.6.
A daily close under 1.62 would announce a false break and would open the door for the 1.6 important psychological support
Strategy:
Sell the break
SL @ 1.6330
TP @ 1.6
EURAUD bounced from support, potential for a further rise!
EURAUD bounced off 1.61905 where it could potentially rise further to 1.62699.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Euraud h4 outlookEuraud h4 outlook
**Disclaimer**
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.
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Tradewithsam
EURAUD Market Outlook | Daily Forex Market BreakdownEURAUD
Pushing back to the upside looking like a decent short opportunity, I am not jumping in yet but I am watching very VERY closely. This is looking really nice, but it will be smart to sit on our hands for the time being.
EUR/AUD Head & Shoulder PatternEUR/AUD is likely to form a Head & Shoulder pattern on the 4hr chart.
Expecting price to drop , waiting for price action to confirm.
Focus Time Frame: 4H/1H
Market Condition
1D Short Term: Downtrend
1D Long Term: Uptrend
EURAUD - SELL HEAD AND SHOULDERexpect $ to drop from resistance #1 to support #2, head and shoulders forming
EURAUD 4H SHORT EURAUD 4H SHORT. if uptrend channels support lline not broken tp1 and tp2 will in process if trend broken. 0.618 fib level is the target. and price will make a pullback at this level
Short EURAUD > H4> Short EURAUD now
> Re-Enter at every corrections
Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
EURAUD - FOREX - 12. NOVE. 2019Welcome to our weekly trade setup ( EURAUD )!
-
1 HOUR
Small bullish pullback in a bearish market.
4 HOUR
Bearish market with several small pullbacks to the upside.
DAILY
Great short entries to follow the trend!
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FOREX SETUP
SELL EURAUD
1ST ENTRY @ 1.61320
2ND ENTRY @ 1.61740 (wait for trigger)
SL @ 1.62480
TP @ 1.60050
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURAUD 60MHello traders!
There is a short setting up right now for 40 pips. Stops can be tighter than 20 pips
by using the top of the 1H bar just completed. If it does head down that way, can
hold on for the original trade mentioned earlier between lines B and C.
Best,
Jay
EUR/AUD Bearish Trend Move - Ichimoku setupI'm looking at a trend continuation trade here as the EUR continues to show weakness.
Price is holding at kijun sen right now and I'm watching for a push back down to price structure lows as my target.
This one is pretty straight forward, and while we have some spots we can look to take some partial profit, I'll just adjust my stop loss to breakeven after moving about halfway to my target.
If we fail to continue to hold at kijun sen or our bearish confirmations change, then this setup may become invalidated.
EURAUD 240MHello traders!
This trend might be a little overplayed but it may still deliver the pips. In this trade we
are shooting for 40 pips between lines B and C. Looking back at the nature of this trend,
the T1 and T2 levels are more likely to be hit, rather than the T3 level which could be a
launch level, thereby eliminating our short but we won`t know until Monday.
These trades can be taken with a buy stop order as a set&forget setup or we can wait for the body
of PA to close below line B as with the T1 level.
It`s recommended to position stop no further away than 1:1 RR away from entry, although this
may vary with markets and volatility.
Best,
Jay
#EURAUD, The strengthening of the Australian dollarSignificant Decline (H4 Graph Time).
Stochastic with the red line above the blue line (the bear's dominate).
The red line above the green line inside the Ichimoku cloud which is a sign of continued declines.
Target: 1.5980
EURAUD Sell opportunittyAfter forming a long range right below the monthly PRZ we can see how price created a nice support at the 1.6200 area that also lines up with the 38% and the 61% but this week we finally saw how it broke and clsoe right below it forming a new low so right now i mexpecting a drop to the 1.6070 area maybe the 1.6000 area
