EUR/AUD - 350 Pips+ Short Opportunity - ReversalEUR/AUD has been in a consolidation area for about a week and seems to have taken the impact from the last uptrend.
As we can tell from our indicators, this pair does not seem to have the steam left to go further high. Thus, we can open a short position for the reversal of this pair back to 1.54.
Our Stop Loss needs to be higher than the last highs. Recommended at 1.59.
If the pair fails to break down and begins to show some sign of strenght, which I don't expect to, then open a long position. Until now, from the looks of it, this pair seems very week and the resistence has acted well.
The impact has been taken, and a reversal is imminent.
Happy trading!
Euraudsetup
Easy setup for a beginner signaljust for fun and easy setup,for beginner if they want to enter by themself in this trade
as you see is in perfect range
so what you ave to do is to wait a price fo out for this range (rectangle) and to wait a bit a confirmation and then enter short or long and manage your ratio or doing you first scalp alone.
Quiet market so i see that perfect range i wann post if for all beginner and also for all other as me is a nice range to trade when we will get a signal in intraday or scalping
short intraday at 1.5372 target 1.5300 (72 pips)I shot euraud short time trade 1-2 days
he is on Weekly resistance and overbought h1 and h4 on many indicator
also the night Aud get the a record data for a business conditon at 21 from previous 14
short at 1.5372
Target 1.5300
gain 72 pips
No stop loss (just monitoring)
Sell EURAUD Short Term Based on 30m TF Double Top Chart PatternThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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EURAUD - At ResistanceEURAUD finds itself at resistance (88.6% Fibonacci retracement) inside of a weekly sell zone with the 4HR Stochastics overbought and RSI diverging.
We are expecting RBA Monetary Policy Meeting minutes at 02:30GMT which could be the catalyst that moves EURAUD.
A hawkish tone from the RBA could send EURAUD lower, and a poor German GDP print at 07:00GMT would further help push price lower.
Long EURAUD Longterm Based on 4H, 1D + 1W Charts for 300 PIPS!Here we have a trade opportunity for the EURAUD which has recently broke out from a Daily + Weekly uptrend. Price has found support at the 38.2% fib level and bounced up nicely. The potential target zone will be the point it broke out, with a longer term target of continuation of the uptrend.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
BreakageFor the previous days, the EURAUD pair has been continuously consolidating few pips above the support-now-resistance area. Due to the unwillingness of the bulls to fight on, it was hugely followed by a series of bear attacks. This of course, after another formation of inside bar, has made me point out to enter a short position for a quick trade.
Euro's reliefThrough my previous analysis, I've shown you several short setups for the Euro currency. These includes EURGBP, EURUSD, EURJPY, and now, EURAUD!
For several days, the Euro-Aussie pair has tested the resistance several times -- and failed -- leading to a descend on prices. In addition to this, a possible fakey signal has been formed. Fakey bar occurs only after a formation of inside bar where when the price action bar produces a pin bar that pushes through the inside bar's high/low. After the formation of the fakey, another inside bar formed again. Look out!