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Euraudsignal

EURAUD:🔴Bearish scenario🔴 Well, as you can see, the price purged the weekly external range liquidity, had a bearish reaction, and shifted the market structure, most likely we are on the sell side of the curve now. Recently the price took the sell side liquidity which can cause the price to move higher to collect the buy side liquidity and then drop to draw on liquidity. The price can move lower from here to 4-hour FVG and collect the first sell-side liquidity. If the price goes higher we can sell above buy-side liquidity, by lower time frame confirmation. 💡Wait for the update! 🗓️22/04/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
3
EURAUD: 10/04/2024 | SetupsFX_ |Dear Traders, As we had explained before that EURAUD is likely to rebound once it come nears to a discounted price zone and price just did the exact same thing. Currently, we need ample volume for momentum to begin upwards, this trade currently in beginning stage and it is likely to continue rebounding as we progress. We need to keep an eye out at the downtrend trend line which remain vital for our trade to hit our target. If price rejects there then it is likely that it will create another lower low and may continue dropping. Good Luck and Trade Safe.
Long
by Setupsfx_
11
The only way to be happy is by shorting the EURAUDAUD perspective: Positive: - The Australian economy is weakening, BUT compared to the European "experts" it is holding up quite well (very difficult I know) -> there is no sign of a recession in Australia so far, quite the opposite of the Eurozone, I had already predicted the inevitable recession in my EURCAD trade idea here - Retail sales came in stronger than consensus expectations (+0.3%) at +0.9%. - Inflation came in WAY higher than the market or the RBA expected, forcing the Reserve Bank of Australia to raise rates at least 1 if not 2 more times. - The market is pricing in the fewest rate cuts for the RBA in 2024 (none at all) - due to the shaky sentiment, the AUD should not appreciate in a one-way street, but rather steadily and constantly BUT: as the old saying goes: "A good kangaroo only jumps as high as it has to." Negative: - The trade balance has weakened somewhat recently - Any risk-off episode (e.g. an escalation of the Middle East conflict) would hurt the AUD - China is increasing its fiscal packages for the economy, but so far the recovery of the Chinese economy has been rather sluggish. I don't need to say much about the sad outlook for the euro, as I have already covered this sufficiently in the previous trade ideas, whereby all my predictions have materialised -> Eurozone inflation fell to below 3% as I forecasted in July -> the ECB had to massively reduce its GDP forecasts (which are still too high) -> Germany is in a prolonged recession and will continue to be so into next year Sad for the Eurozone economybut good for my EUR shorts, these are making me very happy :)
Short
by PrimeTrading
131
EURAUD,🔴It Bearish...?🔴(Details on Caption) I like this chart 📊 Please pay attention to the details. The price did the stop hunt and create the FVG, then could not continue to go higher and created the inversion. After that, by closing the candle's body below the last down-close candle, the price activated the breaker block, and also the market structure shifted. Now, the price has moved higher and it is close to the premium, so we are looking for a sell position. In that case, a bearish breaker block and buy-side liquidity formed inside the FVG are our confidence in a bearish move. It is a high-probability setup, but this market is all about probability, so stick to your risk management. Do not forget we need LTF confirmation to execute the sell position. 💡Wait for the update! 🗓️15/03/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
11
EURAUD:🔴Sell opportunity🔴 As you can see the price left the clean equal lows that can be defined as a target. Well, the price grabbed the liquidity above the previous day's high and changed the market structure, so in that case we can expect a more bearish move to sell-side liquidity. Please pay attention: We need LTF confirmation to execute the sell position. 💡Wait for the update! 🗓️11/03/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Short
by VahidTradingCR
4
EURAUD I Ranging but expect price to react from EUR CPI data Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
by BKTradingAcademy
EURAUD I Bearish market structure and more potential downside Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
4
DeGRAM | EURAUD bearish opportunity from the confluenceEURAUD broke out of the descending channel and is testing the resistance level. The market created the bearish harmonic pattern. The market overall is in a bearish trend.  Price is likely to go down from the resistance level and retest the channel border (support). We expect a bearish move from the conflunnce level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Short
by DeGRAM
1
7 Dimension analysis For EURAUD 🕛 TOPDOWN - Bearish Continuation Setup for EUR/AUD Overview: Monthly and daily analyses reveal a prolonged bearish trend with notable liquidity sweeps. Weekly analysis is pending, focusing on the daily for detailed insights. 😇 7 Dimension Analysis Time Frame: Daily 1️⃣ Swing Structure: Bearish 🟢 Structure Behavior: Break of Structure (BoS). 🟢 Swing Move: Impulsive. 🟢 Inducement: None observed. 🟢 Pull Back: Absent. 🟢 Ext OB: Mitigated. 🟢 Support/Demand Area: Weak demand area - possible redistribution. 🟢 Trendline: Daily trendline intact. 🟢 Buildup/Pre-break/Post-break/QC: Data insufficient. 🟢 Traps: None detected. 🟢 Time Frame Confluence: Daily. 2️⃣ Pattern 🟢 CHART PATTERNS Reversal: Head and shoulders, double top. Rounding Patterns: Double at the 2nd shoulder with strong rejection. 🟢 CANDLE PATTERNS Key Considerations: Record session count indicates a possible consolidation at this support. Strict marubozu candle could be a climactic player. Tower top/bottom indicates potential climax at the opening. 3️⃣ Volume: 🟢 Fixed Range suggests a profit booking area. 🟢 Good breakout volume. 4️⃣ Momentum RSI: 🟢 In a super bearish zone. 🟢 Range shift not confirmed. 🟢 No divergence. 🟢 Loud moves shifted from sideways to bearish. 5️⃣ Volatility Bollinger Bands: 🟢 Middle band rejection. 🟢 Squeeze done with breakout outside the lower band. 🟢 Walking on the band just started. 🟢 Dual band derivation supported. 6️⃣ Strength According to ROC: 🟢 Values: EUR at 0.31, AUD at 4.1. AUD exhibits more strength at this level. 7️⃣ Sentiment: After comprehensive analysis, the sentiment strongly favors a sell setup in this pair. ✔️ Entry Time Frame: Daily ✅ Entry TF Structure: Bearish ☑️ Current Move: Impulsive ✔ Support/Resistance Base: Support level already broken with a momentum candle. ☑️ Candles Behavior: Momentum is bearish. ☑️ Trend Line Breakout: Confirmed. 💡 Decision: Sell at opening. 🚀 Entry: 1.63137 ✋ Stop Loss: 1.6551 🎯 Take Profit: Hold until price walks on the band. 2nd Exit if Internal Structure Changes, 3rd Trendline Breakout, FOMO. 😊 Risk to Reward Ratio: 1:3.5 🕛 Expected Duration: 10 days SUMMARY: The analysis strongly supports a bearish continuation setup. The absence of significant pullbacks and strong bearish momentum across multiple indicators suggests a favorable sell opportunity. Risk management is key, and the strategy involves holding until a clear indication of a trend reversal.
Short
by Optimum369
1
EURAUD I Technical and Fundamental Outlook Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
DeGRAM | EURAUD price deceleration at the support levelEURAUD rebounded from the support level; creating a false breakout. Price decelerated while approaching the support level. The market has reached a significant level on the daily chart, so it makes sense to take advantage of long trading opportunities. We expect a bullish move to potentially break out of the descending channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Long
by DeGRAM
1
EURAUD Still on Bull Run or Shorting Will Start {22/08/2023}Educational Analysis says EURAUD may move in this range for some time according to my technical. Broker - FXCM This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because EURAUD is in an uptrend from a very long time. There is a lot for stop loss orders under every new higher low. Although it is in an uptrend, the market may come down to collect sell-side liquidity and fill fair value gaps. Then shoots up to the new high. Let's see what this pair brings to the table in the future for us. The Red line is the high and low of the current price. If any trade setup I may find please check in the comment section. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy Trading, Fx Dollars.
by VishalBudhrani
4