EURAUDHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze EUR/AUD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
Thank You...
Euraudtrade
EURAUDHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze EUR/AUD a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
Thank you..
EURAUD: Fake BreakoutI believe we may be witnessing a fake trendline breakout here on EURAUD due to the fact that the main demand is still being rejected.
We created EQL's within the demand which has now been liquidated, this could be enough liquidity for the banks to make a buy move.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
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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.
EurAud- Trade updateIn my previous post about EurAud I've argued that we can have a higher low in place at 1.5450 and I expect an upward continuation.
Since then the pair had a failed attempt to conquer 1.56 important resistance and failed.
However, bulls quickly took control and at this moment EurAud is trading again in this resistance and we can consider a new higher low is in place.
I expect this resistance to give up this time and, as I said, 1.59 is my target
EurAud- Trade updateYesterday I was wondering if we have a higher low in place for EurAud, and it looks like this at this moment with the pair putting in a morning star candle formation on our daily chart.
However, 1.5600 has proven to be strong resistance and sellers were strong here so far.
In order to continue to my 1.59 target, EurAud needs a daily close above this resistance.
Also, 1.57 zone will act like interim resistance
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.
EurAud- Towards my 1.59 target?After the recent low slightly under 1.54 from the end of October, EurAud has started to trade higher and managed to break above 1.56 resistance early this month.
Now the pair is consolidating and forming a pennant and a break of the resistance trend line could lead to more gains and we can see EurAud testing 1.59 resistance
I'm bullish as long as the price is above 1.56
EurAud- Strong reversal from supportSince 22 September, EurAud has dropped almost linearly and the price fell almost 1000 pips and has reached 1.6350.
This zone is a strong support one at this point and acted as such in the past 4 years.
I expect this support to hold once more and the pair to rise and challenge 1.69 resistance
Dips against 1.6350 should be bought