Euraudshort
Short EURAUDEUR has been a weak pair in the past weeks. After the price rallied up to IPL 1.49000 which is currently the Highest Price of this week, today we have seen the price close below the last bullish OB of that retracement.
A breaker has been formed on the 4hr and this means the bears are back in control.
We go short
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EurAud Short - RR>4!Hi,
EurAud is in a big downtrend,
Here we can see the trendline is broken
Wait for a retest and short
RR >4
Short Term Sell EURAUD.After the price rallied up today, a Fair Value Gap was created.
The price will dop to fill this level since a Bearish Order Block has already been formed.
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EURAUD | BREAKOUT EURAUD has been in strong bearish trend and was trading under bearish trendline. We see a positive hope in the pair by seeing bullish divergence and and price acttion breaking trendline. If price closes above then we may see bullish reversal from here.
Trade your levels accordingly.
EURAUD ShortHey traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.466 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
euraud sell setupafter the full top-down analysis, our team decide to sell
but at first, we should wait for a correction to sell at a better price.
******* follow for more ********
EURAUD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Short EURAUDPrice has reached a very significant structure level, so I would expect the strong support zone to turn into a resistance zone pushing price to around 1.48500.
What do you guys think?
EURAUD comment your expectationEURAUD moving up aggressively now the pair is going to meet weekly resistance for first time but in the fundamental EUR is strong but however particular currency cant be weak for weeks..so i think it can go down for sometime ..so i am shorting this pair once it received goldilock zone..
Australian Dollar Iron Ore Prices Causing AUD to StrengthenIn this video I break down why the Australian Dollar is bullish because Iron Ore prices are rallying due to the war in Ukraine.
Iron Ore is Australia's key commodity export, therefore higher prices increases the demand for Australian Dollars.
Watch this video to learn how commodities have an impact on certain currencies in the Forex market.
EURAUD | BULLISH TRENDEURAUD has given a bullish reversal on daily timeframe and making good higher highs and higher lows on lower timeframe confirming a good bullish momentum. The current price is bouncing from the 0.618 fib level which will act as a good support.
The price has potential to go atleast the falling trendline and can break it as well.
Trade your levels accordingly.
EUR AUD ShortEUR AUD formed a head and shoulders pattern that is heading downwards and on the right side of the pattern has also formed a reverse falling wedge and has retested so that the targets are TP 1 and even TP 2. But if the HNS pattern is perfectly formed then the targets are TP 3 and TP 4. can go to TP Bonus.
EURAUD forecast for the next few daysWith EURUSD heading to take a possible fall, the minor EURAUD is also exhibiting the signs of weakening Euro against Australian Dollar. This may be a smaller frame analysis but with the huge engulfing with the last daily candle seemingly warrants to favor the bears.
Technical prospects of the EURAUD Analysis:
1- Proper Head and shoulder exhibited by H4 timeframe
2- Bearish engulfing on daily frame
3- Last possible H4 Lower Trendline broken
Since, Head and Shoulder pattern travels back to its base, or at least near to the base, we might be looking at the trade possibility of 300+ pips. The price chart says that EURAUD is heading down low. The rectangle marks the target support region of the trend.
Best of luck, Happy trading and Happier Profits!
Eur/Aud more fall the price broke a monthly support and now price is less than this support which turned into a monthly resistance with rejection with a retest on a daily frame. Now the price has nothing but access to strong support until it rises again
EUR/AUD - SELLMonthly:
1. Impulse
2. Brake of previous structure
3. Correction on lower timeframe
Looks bearish at this moment
Weekly:
We can see more clearly on the Weekly timeframe
the impulse, brake of structure and correction.
Looks bearish at this moment.
Daily:
Fibonacci is added from lower timeframe
1.Impulse
2.Correction
3. Engulfing Daily candle from Fibonacci level
Going to make a entry on 4h timeframe
4H:
Bearish Engulfing candles and pinbars from fibonacci levels. Good time for entry
RR 1:4
EURAUD retesting weekly zone..will it move downward.lets seeEURAUD after touching support zone multiple zone ..it breaked previosuly previous week..now it came for retest...now i am waiting for go short at perfect time...
if we go short here we can catch easily 400 + pips.
EUR/AUD Full Update And My View For The Next Few Days This 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
EURAUD Playing A BreakdownIn this update we review the recent price action in EURAUD and identify the next high probability trading opportunity and price objectives to target.
EURAUD- Short After Breaking key Zone of Resistance - and RetestMarket broke key resistance and then did a retest. Likey yo sell and continue the downward trend.
EUR/AUD Short IdeaDouble Top Formed On Daily Timeframe.
Bearish Trending Channel.
8 & 18 MA's Trending Bearish.
Break of Daily Trendline.
**Possibly a good price to enter at current market, can always look for a closer entry point on a smaller time-frame.**
*Target is at the start of the broken daily trend-line.*
Eur/Aud Bearish we have a descending channel and faced a support and broke it now turned a resistance expect continue price in the descending channel
